TechFlow news: According to an official announcement, Binance Futures will fully liquidate and automatically settle the USDⓈ-M STPTUSDT, SNTUSDT, MBLUSDT perpetual contracts, as well as the RADUSDT and CVXUSDT USDⓈ-M perpetual contracts at 09:00 (UTC) on May 13, 2024. The changes will take effect at 09:00 (UTC) on May 14, 2024. After settlement, these contracts will be delisted.
In addition, the Binance Futures trading platform will adjust the leverage and margin levels for the USDⓈ-M STPTUSDT, SNTUSDT, MBLUSDT, RADUSDT, and CVXUSDT perpetual contracts at 10:30 (UTC) on May 6, 2024. Existing positions opened prior to the update will be affected. Users are strongly advised to adjust their positions and leverage before the change to avoid potential liquidation risks.
