Yeliz Akmaca 
Binance has announced that it will terminate LEVER/USDT futures trading. This decision resonated widely in the crypto market. Following the announcement, the value of the LEVER token surged dramatically, experiencing over a 100% increase. The event surprised investors and drew significant attention. The news was shared on Binance’s official blog, citing liquidity concerns as the main reason. Starting Wednesday, September 3, 2025, users will no longer be able to open new positions on this contract.
Investors tracked the development in real-time. Meanwhile, the exchange initiated the process of closing existing positions. The exact timeline for halting trades was determined. The announcement caused notable market volatility.
What is LEVER Token and Why Did It Rise?
LEVER is a popular cryptocurrency and the native token of the LeverFi platform. The platform operates in the decentralized finance (DeFi) space, offering leveraged trading services. LEVER serves as the governance token of the network and is also used across various platform services, giving it broad utility.
Binance’s decision to delist LEVER/USDT futures was unexpected, yet it positively impacted the token price. Why? Such news usually boosts trading volume. The sudden price surge was primarily due to short position liquidations. Investors with open short positions panicked, triggering rapid liquidations, which significantly increased the buying pressure on the token. This drove the price sharply upward.
Additionally, the news was perceived positively in the spot market. Investors were motivated to hold the token long-term, further strengthening its overall value. Part of the price increase came from this renewed investor interest. Ultimately, Binance’s decision created a unique opportunity in the market.
Binance’s Decision and Market Implications
Binance regularly reviews its futures pairs, occasionally delisting low-liquidity contracts. The main reason is to prevent market manipulation and protect investors. LEVER/USDT was delisted for a similar reason. The announcement caused a minor market shock, with short positions liquidated rapidly, pushing the price to a peak in a short period.
However, whether this surge continues remains uncertain. Experts advise caution regarding short-term gains. Investors should approach the situation carefully and consider market volatility before making decisions.
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