Introduction
On September 26, 2025, Binance Futures will delist the USDⓈ-M UXLINKUSDT perpetual contract. This announcement is crucial for traders who are currently holding positions in the contract and need to prepare for the upcoming changes.
Important Dates
- Delisting Date: September 26, 2025
- Automatic Settlement Time: 09:00 UTC
- Last Allowed Position Opening: September 26, 2025, 08:30 UTC
Key Changes
- Closure of Positions: All current positions in the UXLINKUSDT perpetual contract will be automatically closed and settled at the specified time. Users are encouraged to close any open positions before the delisting to avoid unwanted settlements.
- New Positions: After the specified date and time, users will no longer be able to open new positions in this contract.
Liquidation Process
- During the final hour before the scheduled settlement, the Futures Insurance Fund will not be utilized for any liquidations regarding this contract. If liquidation is necessary, it will be executed as a single Immediate or Cancel order (IOCO).
- Users should actively manage their open positions during this time as volatility may increase and liquidity may decrease.
Risk Management
To safeguard traders from potential market risks, Binance may implement additional measures such as:
- Adjusting maximum leverage values and maintenance margins.
- Updating funding rates.
- Employing the Last Price Protected mechanism for price index updates.
Discrepancies in Information
For clarity, Binance acknowledges that there may be discrepancies between the English version and any translated versions of this announcement. Users are advised to refer to the original English content for the most accurate information.
Conclusion
As the delisting approaches, it is critical for traders involved with USDⓈ-M UXLINKUSDT to stay informed and actively manage their trades to mitigate risks associated with the transition.
For more information and updates, follow Binance’s official channels and announcements.