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NEIROETH Jumps Over 30% After Binance Delisting Announcement

Binance Futures announces the automatic settlement and delisting of the NEIROETHUSDT perpetual contract, triggering a 30% price surge in NEIROETH.

USDT

Summary

Binance Futures has announced it will settle and delist the NEIROETHUSDT USDT-Margined perpetual contract on September 26, 2025. This move caused a sharp increase in NEIROETH's price, which surged by over 30% to $0.0483, according to HTX data. The delisting marks the end of this derivative product on the platform, significantly impacting market activity.

Terms & Concepts
  • USDT-Margined Perpetual Contract: A type of cryptocurrency derivatives contract settled in Tether (USDT) that allows for indefinite holding without an expiration date.
  • Delisting: The removal of a trading pair or asset from an exchange’s platform, ending its availability for trading.
  • Perpetual Contract Liquidation: The process in which open positions in perpetual futures contracts are forcefully closed, often due to margin requirements or contract termination.