TL;DR:
- Assets Involved: Binance Futures will terminate COIN-M perpetual contracts for the cryptocurrencies Aptos (APT) and Optimism (OP).
- Deadline: The closing of positions and automatic settlement are scheduled for March 25, 2026, at 12:00 PM.
- Operational Impact: These contracts will be permanently removed following the settlement process, affecting all users with open positions.
At the end of the week, reports confirmed that the digital asset exchange giant, Binance, will delist two altcoins from its derivatives offering. These are the coin-margined (COIN-M) perpetual contracts for APTUSD and OPUSD. This decision forces investors to readjust their strategies before next Wednesday.
This move follows periodic reviews conducted by Binance to ensure market liquidity and efficiency. Exchange data reveals that COIN-M contracts use the underlying asset as collateral, distinguishing them from USD-M contracts.
At the time of the announcement, the market capitalization of Aptos and Optimism remains stable; however, the removal of these specific derivatives could trigger localized volatility in their respective futures pairs.
Risk Management and Automatic Settlement on Binance Futures
Binance recommends that traders manually close their positions before the cutoff time to mitigate unnecessary risks. Failure to do so will trigger the system to close positions automatically based on the final liquidity price, which may differ from the user’s profit expectations depending on market conditions at that moment.
Furthermore, the company clarified that factors such as trading volume and user experience are decisive in keeping a product listed. The removal of these contracts suggests an optimization focus toward pairs with higher institutional or retail demand in the current economic cycle.
In summary, the departure of APT and OP from the COIN-M segment is a technical inventory management measure by Binance. Users must act promptly to avoid forced liquidations and stay tuned for further announcements regarding the availability of these assets in other margin formats within the platform.
