Binance to Delist SLERFUSDT and CHZUSD Perpetual Contracts

Binance Futures will delist the SLERFUSDT and CHZUSD perpetual contracts on October 21, 2025, at 17:00 and 18:00 UTC respectively, impacting position management.

The delisting aligns with Binance’s strategy of adjusting derivatives for better risk management, potentially causing liquidity shifts and volatility in the underlying assets.

October 2025 Binance Contract Delisting Overview

Binance has announced the upcoming delisting of its SLERFUSDT and CHZUSD perpetual contracts scheduled for October 21, 2025. The SLERFUSDT contract will not permit new positions from 16:30 UTC onwards, while CHZUSD contracts will close at 17:30 UTC. Users are urged to manage positions accordingly before these cutoff times. The delisting highlights Binance’s contract management strategy, reflecting ongoing assessments of trading pair viability.

Market participants are responding by closely observing any volatility or dislocation that might occur as the deadline approaches. “Binance Futures will close all positions and conduct an automatic settlement on the following perpetual contract(s)… Users are not allowed to open new positions for the aforementioned contract(s) as below: 2025-10-20 08:30 (UTC): USDⓈ-M SLERFUSDT Perpetual Contract; 2025-10-21 09:30 (UTC): COIN-M CHZUSD Perpetual Contract. Users are strongly advised to close any open positions prior to the delisting time to avoid automatic settlement.” They have made no public comment from Binance leaders, leaving market analysts speculating on the internal factors contributing to the decision. The absence of an official rationale points to business as usual for Binance, which frequently reviews its trading products for performance and compliance reasons.

SLERF and CHZ Contract Delisting: Trader Impact and Reactions

Did you know? Binance has consistently streamlined its derivatives offerings, including past delistings of tokens with lower liquidity and market interest, potentially influencing trader strategies.

SLERF currently trades at $0.07 with a market cap of $34.74 million, maintaining a negligible market dominance. Over the last 24 hours, SLERF witnessed a 15.63% increase in price, while its trading volume surged by 4170.47%. Over the past month, SLERF’s value dropped by 31.48%, showcasing its volatile nature. (Data: CoinMarketCap)

The Coincu research team emphasizes the strategic nature of such delistings, aligning with market liquidity needs and legal frameworks. These actions often affect broader markets by reducing contracts that may not meet current demand or compliance norms, underscoring Binance’s market-leading positioning in dynamic contract management.