This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Futures will rename USDⓈ-Margined PUMPUSDT Perpetual Contract to USDⓈ-Margined PUMPBTCUSDT Perpetual Contract. Binance Futures will close all positions and conduct an automatic settlement on USDⓈ-Margined PUMPUSDT Perpetual Contract at 2025-06-13 09:00 (UTC). The aforementioned contract will be removed after the settlement is completed. Users are advised to close any open positions prior to the settlement time to avoid automatic settlement. Users will not be able to open new positions for USDⓈ-Margined PUMPUSDT Perpetual Contract starting from 2025-06-13 08:30 (UTC).
Binance Futures will then list USDⓈ-Margined PUMPBTCUSDT Perpetual Contract with up to 50x leverage at 2025-06-13 10:00 (UTC).
Note: PUMPBTC (LINK) is already listed on Binance Alpha Market.
More details on USDⓈ-Margined PUMPBTCUSDT Perpetual Contract can be found in the table below:
Please Note:
USDⓈ-Margined PUMPBTCUSDT Perpetual Contract will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this FAQ.
The maximum funding rate of the aforementioned perpetual contract(s) at the time of launch is +2.00% / -2.00%.
The funding fee settlement frequency is every four hours.
Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract(s) from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.
During the final hour proceeding the scheduled delisting time of a futures contract, the Futures Insurance Fund will not be utilised to support the liquidation process in respect of that futures contract. Any such liquidation triggered during the final hour will be executed as a single Immediate or Cancel order (“IOCO”), which will be offloaded into the market in one attempt. If, following the execution of the IOCO, the assets remaining available in the user's account are sufficient to meet the required maintenance margin (after accounting for realised losses and any applicable Liquidation Clearance Fee), the liquidation will cease. If the IOCO fails to fully reduce the position to a level that satisfies margin maintenance requirements, any unfilled portion of the position will be resolved through the Auto-Deleveraging (ADL) process. Users are strongly advised to actively monitor and manage open positions during the final hour, as this period may be subject to heightened volatility and reduced liquidity.
Multi-Assets Mode allows users to trade the aforementioned perpetual contract(s) across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract(s).
The aforementioned perpetual contract(s) are subject to the Binance Terms of Use and the Binance Futures Service Agreement.
Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.
In case there is a discrepancy between this announcement and any Futures FAQ, please refer to this announcement for the most accurate and updated information.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Further Information:
Thank you for your support!
Binance Team
2025-06-10
Note: The announcement was updated on 2025-06-13 to clarify the liquidation process in the final hour before the delisting.
