Binance to Delist 4 Futures Tokens Including CreatorBid and DeLorean on Jan 21
Binance announced it will delist four perpetual futures contracts — BIDUSDT (CreatorBid), DMCUSDT (DeLorean), ZRCUSDT (Zircuit) and TANSSIUSDT (Tanssi) — with final settlement at 09:00 UTC on Jan. 21. Exchanges will close all positions and prevent new positions starting 30 minutes before settlement. Binance cited extreme volatility, reduced liquidity and lack of insurance fund support; traders who keep positions open risk auto-deleveraging. Market reaction was swift: BID plunged after a prolonged monthly decline and saw a $1.53 million 24‑hour volume spike consistent with exits, DMC fell to around $0.0011 after a brief pump, TANSSI rallied ~30% briefly then faded, and ZRC showed minimal movement. The delistings signal a consolidation away from speculative narratives — AI agents, tokenized EV projects and sovereign appchains — and serve as a reminder to futures traders to manage leverage and liquidity risk when trading low-liquidity narrative tokens.
Bearish
Delisting four perpetual futures contracts on Binance reduces availability of leverage for those tokens and signals institutional-grade risk controls are trimming low-liquidity speculative products. Immediate market reactions — sharp price drops and high exit-volume for BID and DMC — show forced or voluntary liquidation behavior. Historically, delistings on major exchanges (or futures closures) have led to sustained selling pressure and reduced on‑chain activity for affected tokens, often compressing market caps and liquidity (bearish in short-to-medium term). For traders this raises short-term risks: increased volatility, potential ADL events and difficulty exiting positions on other venues. Long-term impact depends on whether projects rebuild liquidity and exchange support; absent new fundamental adoption the narrative-driven tokens often fail to recover. Overall, the news is bearish for the four tokens and increases risk sentiment around similar low-liquidity, narrative crypto projects — prompting traders to de-risk, reduce leverage, and favor higher-liquidity instruments.