What Does This Mean for Investors? 

• Positions May Be Closed Automatically: Open positions will be automatically settled during the delist process. Investors are strongly advised to close positions in advance to avoid unexpected liquidations. 
• No New Positions: Starting from October 3, 2025, 08:30 (UTC), new positions cannot be opened on HIFIUSDT or BAKEUSDT perpetual contracts. 
• Increased Volatility Risk: Liquidity may decrease and price volatility may rise during the final hour before delisting. Investors should actively monitor their positions. 
• Additional Protective Measures: Binance Futures may take measures such as adjusting leverage, position value, maintenance margin, funding rates, and using the Last Price Protected mechanism to minimize risks in volatile conditions. 

Investors holding HIFIUSDT or BAKEUSDT perpetual contracts should manage their positions carefully before the delisting time to minimize risk. The process may affect both open positions and market dynamics. 

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