Cryptocurrency exchange giant Binance has recently outlined a series of significant operational adjustments, impacting users of specific perpetual contracts and certain blockchain networks. These updates underscore Binance's ongoing management of its diverse offerings and support for evolving blockchain ecosystems.
Perpetual Contract Delistings
Binance Futures is set to delist the USDⓈ-Margined perpetual contracts for Hifi Finance (HIFI) and BakeryToken (BAKE). Effective October 3, 2025, at 9:00 a.m. (UTC), the exchange will close all open positions and conduct an automatic settlement for HIFIUSDT and BAKEUSDT perpetual contracts. Users are strongly advised to close any existing positions before 8:30 a.m. (UTC) on the same date to avoid automatic settlement, as opening new positions will be prohibited prior to the delisting.
Supporting Polkadot and Kusama Network Migrations
In addition to contract delistings, Binance has announced temporary suspensions of deposits and withdrawals for tokens on the Kusama (KSM) and Polkadot (DOT) networks. These suspensions are crucial for supporting the respective network migrations to Asset Hub Kusama and Asset Hub Polkadot. Deposits and withdrawals for KSM will be suspended from 7:00 a.m. (UTC) on October 7, 2025, while DOT will see a similar suspension starting November 4, 2025, at 7:00 a.m. (UTC). Importantly, the trading of KSM and DOT tokens will remain unaffected during these periods, allowing users to continue trading as usual.
