Binance Futures announced plans to delist the USDⓈ-M MAVIAUSDT, OMGUSDT, and BONDUSDT perpetual contracts. The delisting will occur following an automatic settlement at 09:00 (UTC) on December 16, 2024, marking the removal of these contracts from the platform.
Key Details of the Delisting
- Position Closures: Users are advised to close any open positions before the delisting time to avoid automatic settlement by Binance.
- Restriction on New Positions: Starting from 08:30 (UTC) on December 16, 2024, traders will no longer be able to open new positions in the affected contracts.
- Settlement Process: Any remaining positions will be settled automatically at the delisting time, after which the contracts will no longer be accessible.
Impact on Arbitrage Strategies
Binance’s Funding Rate Arbitrage Bot will also adjust to the delisting:
- At 09:00 (UTC) on December 16, all arbitrage strategies linked to the MAVIAUSDT, OMGUSDT, and BONDUSDT contracts will be closed automatically.
- These pairs will be unavailable for initiating new arbitrage strategies following the delisting.
User Advisory
Binance encourages all users to manage their positions and arbitrage strategies proactively to avoid unexpected losses during the automatic settlement process.
For more details and updates, visit Binance’s official announcements.
