Binance Dey Remove DEFIUSDT & MEMEFI Futures for Aug 11
Binance go delist DEFIUSDT and MEMEFI USDⓈ-M perpetual futures for August 11, 2025. All open positions go automatic settle for 12:00 UTC, new orders no go dey from 14:30 UTC. Traders gats manually close any remaining DEFIUSDT or MEMEFI position before dem cutoff make e no cause forced liquidation. Binance delist action na follow the recent spot market adjustments and e want simplify their futures offerings and manage risk. Users suppose dey watch price movements and adjust how dem dey trade accordingly.
Bearish
Di delisting go make people begin sell quick quick as positions go dey auto-settle and liquidate, wey go put pressure gidigba on DEFI and MEMEFI token price dem. To block new contract open go reduce market liquidity, wey go make bearish feeling worse. As time dey go, less visibility and support for Binance top futures platform fit make trader confidence low and hold back demand. Overall, dis move show say institutional backing weak and both tokens get bad outlook.