Key Information
- •Binance will delist MANAUSD and EGLDUSD perpetual contracts on November 13, 2025, impacting derivatives trading.
- •This action reflects a liquidity-driven strategy shift by Binance.
- •There has been no direct statement from Binance leadership or the affected projects regarding this decision.
Binance will delist MANAUSD and EGLDUSD perpetual contracts on November 13, 2025, impacting their derivatives trading but not spot trading on the exchange.
This decision underscores Binance’s focus on high-liquidity markets, prompting shifts in trader strategies and liquidity across derivatives platforms.
Binance Justifies Delisting Due to Liquidity Concerns
Binance, the world's largest crypto exchange, announced it will delist the MANAUSD and EGLDUSD perpetual contracts for liquidity reasons. This decision, taken by the Binance Futures department, affects the derivatives market but not spot trading of these assets.
MANA and EGLD, core tokens in the Decentraland and Elrond ecosystems, remain available for spot trading. Liquidity concerns led Binance to announce the delisting on its support website, highlighting its strategic refocus.
Market Alternatives as Delisting Drives Changes
The delisting contributes to market consolidations, pushing traders towards platforms like Kraken Pro for similar derivatives. This transition could further fragment liquidity in the futures market for these assets.
Financial implications are primarily seen in reduced market depth and liquidity for MANAUSD and EGLDUSD. Spot trading of these tokens remains stable, showing limited broader market disruption.
Past Delistings Point to Market Volatility
Similar actions have occurred with underperforming contracts like COIN-M FLM and KDA. Such moves by exchanges typically result in forced liquidations and temporary volatility.
Based on past trends, Binance's focus on higher liquidity products may encourage market stability, as traders adjust strategies towards efficient hedging and liquidity solutions on available venues.
"Binance Futures Will Delist COIN-M MANAUSD and EGLDUSD Perpetual Contracts (2025-11-13)" - Official Binance Support Announcement