Binance Futures to Delist HIFIUSDT and BAKEUSDT Perpetual Contracts

Binance Futures to Delist HIFIUSDT and BAKEUSDT Perpetual Contracts

Binance announces the automatic settlement and removal of HIFIUSDT and BAKEUSDT perpetual contracts from its platform, effective October 3, 2025.

Summary

Binance has announced the automatic settlement and closure of the HIFIUSDT and BAKEUSDT perpetual contracts at 17:00 Beijing time on October 3, 2025. Following this, both trading pairs will be removed from the platform. This follows the exchange's prior notice of discontinuing these USDⓈ-M perpetual contracts.

Terms & Concepts
  • Perpetual Contract: A type of futures contract with no expiry date, allowing traders to hold positions indefinitely.
  • USDⓈ-M: A Binance futures contract type denominated in USD-pegged stablecoins such as USDT.
  • HIFIUSDT / BAKEUSDT: Trading pairs representing the value of Hifi Finance (HIFI) or BakeryToken (BAKE) against Tether (USDT).