Binance, a leading cryptocurrency derivatives market platform, announced that it will remove some perpetual futures contracts from its platform.
According to a statement from the exchange, all positions in these contracts will be closed on the specified date and an automatic settlement process will be implemented.
According to the announcement, the USDⓈ-M margin contract for OLUSDT, HIPPOUSDT, RLSUSDT, and PUFFERUSDT traded on Binance Futures will end at 12:00 pm on April 8, 2026. The next day, on April 9, 2026, a similar process will be simultaneously applied to the COIN-M margin contracts of WIFUSD and WLDUSD.
At the specified time, the platform will automatically close all open positions of the relevant contract and complete the settlement process. After the settlement process, these contracts will be completely delisted and removed from the trading list.
Binance states that these regular updates are performed to improve the quality of products on the platform, manage risk, and improve the user experience. However, investors are advised to review their positions prior to these dates and prepare for potential automatic liquidation.
Experts say the risk of sudden liquidations or forced closures is particularly high in leveraged trading, and stress the importance of investors monitoring such announcements closely.
*This is not investment advice.
