Futures traders will soon have fewer options on Binance, as the exchange prepares to retire contracts linked to HIFI and BAKE.
While both tokens remain listed on the spot market, leveraged positions on the two assets will be phased out next week.
Deadline for Open Positions
All existing USDⓈ-M perpetual futures tied to the pairs must be closed before October 3. From 11:30 AM that day, no new trades will be allowed, and half an hour later Binance will begin closing and liquidating any outstanding positions. Once that process ends, the contracts will be permanently removed.
According to the exchange, the move stems from its regular product review cycle. Binance cited “market conditions and risk management requirements” as the basis for its decision, adding that its automated systems will handle the liquidations to ensure a smooth wind-down.
Ongoing Product Rotation
The exchange frequently adjusts its derivatives lineup to manage liquidity and volatility across markets. For traders, the upcoming delisting is another reminder that futures availability is not fixed — pairs may be rotated out when demand shifts or risk thresholds change.
HIFI and BAKE may still find activity on the spot side of Binance’s marketplace, but futures investors will need to look elsewhere if they want leveraged exposure.
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Source: https://coindoo.com/binance-to-remove-two-futures-contracts-in-october/