Binance to Delist Leveraged Tokens on December 4, 2025, with WAXP/BTC Among Affected Pairs

The latest official notice confirms that Binance Leveraged Tokens will be delisted on December 4, 2025 at 14:00 (UTC+8). The action affects both cross-collateral and isolated margin offerings, as Binance consolidates its leveraged-product lineup to align with risk parameters.

Cross-Collateral Trading Pairs: WAXP/BTC, SXP/BTC, ONT/BTC, ID/BTC, ZRX/BTC, CHR/BTC, ENJ/BTC. Isolated Margin Trading Pairs: WAXP/BTC, ONG/BTC, POWR/BTC, SXP/BTC, ONT/BTC, ID/BTC, AGLD/BTC, ZRX/BTC, CHR/BTC, ENJ/BTC, UMA/BTC.

Traders with open leveraged positions should prepare for cessation ahead of the deadline. Post-delisting, these instruments will be removed from quote feeds and margin facilities, potentially impacting liquidity and execution for affected pairs.

Market participants are advised to reallocate exposure through compliant instruments and monitor official updates for any further guidance on settlement and withdrawal processes.