Delisting of Futures Contracts

Published on 2020-10-02 02:36
Updated on 2026-01-14 05:00

Disclaimer: This FAQ Page is for general information and educational purposes only. It does not constitute legal terms or any form of legal agreement between you and Binance. It should not be construed as financial, legal or other professional advice. The information on this page may be outdated. For legal terms applicable to Futures and Options Trading Services, please refer to the Terms of Use, the Exchange Rules (including the Exchange Procedures) and the Clearing Rules (including the Clearing Procedures) which come into effect on 5 January 2026. Additional terms and conditions will also be set out in the Contract Specifications applicable to the relevant Derivatives contract.

What is delisting?

Delisting is the removal of a listed Futures Contract from Binance Futures exchange. It can be voluntary or involuntary and typically occurs when a token issuer ceases operations, fails to meet Futures listing requirements, undergoes a hard fork, or experiences a split or reverse split occasions with new coins. There are numerous factors that can influence the decision for an exchange to delist a Futures Contract.

What to expect during delisting?

When a Futures Contract is delisted from Binance Futures exchange, the trading pair will stop trading and be removed. An official announcement will be released prior to the cessation of the trading date to inform all Exchange Participants. Exchange Participants are still able to trade the asset until trading ceases.

  • Mark Price calculation: During the last 30 minutes before the removal of the trading date, the Mark Price of the delisted contract will be calculated as the average of the price index every second over the last 30 minutes, totaling 1,800 Mark Prices.
  • Trading restrictions: Starting 30 minutes before trading suspension, you are not allowed to open new positions of the delisted contract. You can only close existing positions (i.e., place reduce-only orders) within 30 minutes before the cessation of trading. Binance Futures Exchange reserves the right to suspend trading at any time (i.e., on or before 30 minutes prior to the effective asset delisting time). Please refer to the official announcement for the exact trading suspension time.
  • Automatic settlement: If you choose to hold the position until trading cessation, the position will be automatically settled. Please note that trading fees will be charged for the automatic settlement. All unrealized PnL will be calculated and converted into realized PnL at the time of settlement.

To avoid automatic settlement, it’s recommended to close any positions of the delisted contract before trading ceases.

Settlement price

The settlement price will be calculated as the average of the price index every second over the last 30 minutes before delisting, totaling 1,800 price indexes.

Settlement fee

The settlement fee will be the same as the taker fee for all positions settled at the time of delisting.

For more information regarding Futures Contracts, please refer to articles:

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