Binance Futures to Close and Auto-Settle XCNUSDT U-₮ Perpetual Contracts, Delist on Nov 21, 2025

Binance Futures has confirmed the wind-down of all U-₮ perpetual contracts tied to three pairs: XCNUSDT, FLMUSDT, and PERPUSDT. The official cutoff is set for November 21, 2025, at 17:00 (UTC+8), after which automatic settlement will occur and the contracts will be delisted.

Traders should review open positions and ensure any necessary pre-settlement actions are completed before the deadline. This lifecycle event aligns with standard risk management and liquidity management practices in crypto derivatives on the exchange.

Post-settlement, liquidity for these pairs may reallocate to other instruments, potentially impacting hedging strategies and market dynamics for participants active in XCNUSDT, FLMUSDT, and PERPUSDT.