Binance to Delist Four USDⓈ-M Perpetuals (SKATE, REI, FIS, VOXEL) on Dec 10, 2025
Binance will delist four USDⓈ-M perpetual futures contracts — SKATE/USDT, REI/USDT, FIS/USDT and VOXEL/USDT — with changes effective on December 10, 2025. New positions will be blocked from 11:30 UTC and all open positions will be automatically closed (force-settled) at 12:00 UTC on that date. The exchange says the removals are part of routine portfolio optimization based on liquidity, trading volume and risk assessments. Traders are advised to manually close positions, cancel open orders, or reduce leverage before the cutoff to avoid forced liquidations, slippage and execution risk. This operational delisting affects the specified USDⓈ-M perpetual contracts on Binance Futures only; spot listings or other Binance products for these tokens may remain unchanged. Monitor Binance announcements for any updates.
Bearish
Delisting of USDⓈ-M perpetual contracts typically reduces accessible liquidity and trading demand for the affected tokens on derivatives markets, increasing execution risk and potential downward pressure around the delisting window. Short-term impact: bearish — forced closures and blocked new positions can trigger sell pressure and slippage as traders rush to exit, causing price declines for SKATE, REI, FIS and VOXEL on margin-sensitive venues. Medium-term: neutral to slightly bearish — if spot markets remain active and liquidity providers absorb flows, the effect may fade after the event. Long-term: neutral — delisting futures contracts does not remove the underlying tokens or spot listings, so sustained price effects depend on fundamentals and broader market interest rather than this operational change alone.