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Attention! Multiple U-based Perptual Futures will be automatically delisting on December 5.
[Block Rhythm] On December 1, news came that a leading exchange will execute automatic liquidation operations on some U-denominated Perptual Futures.
The specific arrangements are as follows: At 5 PM (Beijing time) on December 5th, the clearing procedure for the SXPUSDT and MILKUSDT contracts will be initiated; half an hour later at 5:30 PM, the OBOLUSDT and TOKENUSDT contracts will also enter the clearing process.
After the automatic settlement is completed, these perpetual futures trading pairs will officially be delisted from the platform. Users holding relevant positions need to pay attention to the time nodes and make position adjustments in advance to avoid losses caused by forced liquidation. Such contract adjustments usually indicate insufficient trading volume or poor liquidity, and the platform will regularly clean up low-activity trading pairs to optimize the product line.