Binance announced that on August 11, 2025, at 12:00, it will close all positions of DEFIUSDT and MEMEFI perpetual futures contracts from USDⓈ-M pairs and will perform an automatic settlement process.
Binance Futures is delisting DEFIUSDT and MEMEFI perpetual futures contracts.
The mentioned contracts will be completely removed from the platform after the settlement process is completed.
Binance advised investors to manually close their open positions before the delisting time to avoid potential automatic settlement.
Additionally, users will not be able to open new positions in these contracts starting from August 11, 2025, at 14:30.
Binance warned its users to monitor changes in the perpetual futures markets and update their investment strategies accordingly.
Stay tuned for new developments.