Binance Cuts UXLINKUSDT Futures to Boost Market Stability, Follows Exchange Trend

Generated by AI AgentCoin World
Wednesday, Sep 24, 2025 9:13 am ET1min read
Aime RobotAime Summary

- Binance Futures will delist USDⓈ-Margined UXLINKUSDT perpetuals on Sept 26, 2025, automatically closing all open positions at 12:00 UTC.

- Users must manually close positions before 11:30 AM UTC as new trades are suspended, with IOCO/ADL mechanisms handling liquidations.

- The move reflects Binance's risk management strategy to stabilize markets by removing low-liquidity pairs, aligning with industry trends.

- Analysts warn the delisting could pressure UXLINK's price, mirroring past patterns where reduced futures availability impacts altcoin valuations.

Binance Futures has announced the delisting of the USDⓈ-Margined UXLINKUSDT perpetual contract, set to occur on September 26, 2025, at 12:00 UTC. The exchange will automatically close all open positions on the contract at this time, after which the pair will be permanently removed from its platform. Users are advised to manually close their positions prior to the delisting to mitigate risks. New positions for the contract will be suspended at 11:30 AM UTC on the same day, with the Futures Insurance Fund not being utilized during the final hour of tradingBinance Futures Announces Delisting of This Altcoin Trading Pair![1].

The delisting process will employ the “Immediate or Cancel Order” (IOCO) method for liquidations, ensuring that positions are settled in one transaction. If an account’s assets are insufficient to cover maintenance margin requirements, remaining positions will be liquidated via the Automatic Deleveraging (ADL) mechanism. Binance emphasized heightened volatility and low liquidity in the final hour, urging users to exercise caution in managing their exposureBinance Futures Announces Delisting of This Altcoin Trading Pair![2]. The exchange also outlined contingency measures, including adjustments to leverage limits, margin requirements, funding rates, and price index components, to address extreme market fluctuationsBinance Futures Announces Delisting of This Altcoin Trading Pair![1].

The decision aligns with Binance’s broader risk management strategy, aimed at safeguarding user assets and maintaining market stability. The exchange highlighted that such measures are part of its ongoing efforts to optimize trading environments, particularly for pairs with diminished liquidity or trading activity. The delisting follows similar actions for other low-volume contracts, reflecting a trend among major exchanges to streamline offerings in response to evolving market dynamicsBinance Futures Announces Delisting of This Altcoin Trading Pair![1].

Users holding UXLINKUSDT positions are encouraged to monitor their accounts closely in the lead-up to the delisting. Binance reiterated that no additional fees will be incurred during the process, and funding fees will be calculated based on rates at the time of closure. The exchange also noted that post-delisting, users will retain access to historical order and transaction data, though trading in the pair will no longer be supportedBinance Futures Announces Delisting of This Altcoin Trading Pair![2].

The move underscores the challenges faced by altcoins with limited trading volumes, as exchanges increasingly prioritize high-liquidity pairs to ensure robust market conditions. Analysts suggest that the delisting may further pressure UXLINK’s price, given the reduced availability of futures contracts—a common trend observed in previous similar casesBinance Futures Announces Delisting of This Altcoin Trading Pair![1].

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