**Binance to Delist MANAUSD and EGLDUSD Perpetual Contracts: What Traders Need to Know**
Binance has announced plans to automatically settle and delist its MANAUSD and EGLDUSD coin-margined perpetual contracts on November 13, 2025. Trading on these contracts will cease at 16:30 UTC on the same day, with all open positions automatically settled shortly after. This move comes as Binance continues its broader portfolio optimization strategy, responding specifically to low demand for these instruments.
**What Does the Delisting Mean for Traders?**
Users currently holding positions in these contracts must close them by 16:30 UTC to avoid automatic settlement by Binance. The exchange has clarified that this decision only impacts the MANAUSD and EGLDUSD COIN-Margined perpetual contracts, with no effects on ETH, BTC, or other major pairs.
While derivatives trading for these pairs will cease, spot trading for both MANA (Decentraland) and EGLD (MultiversX) will continue uninterrupted on Binance. This ensures that traders and investors can still buy and sell MANA and EGLD, even after the futures contracts are delisted.
**Expected Market Impacts**
The delisting of low-demand perpetual contracts typically results in short-term price volatility and shifts in liquidity, as traders settle or reallocate their positions. In the short term, spot trading volumes for MANA and EGLD may see a temporary uptick as former derivatives traders move to spot markets.
Historically, similar delistings on Binance have led to brief periods of increased price fluctuation, but the underlying assets have remained tradable, and market interest often persists.
**Recent Market Performance of MANA**
– *Current price:* $0.23
– *Market capitalization:* $460.44 million
– *Market dominance:* 0.01%
– *24-hour trading volume:* rose 57.42%, coinciding with a 13.59% price increase
– *30-day performance:* down 27.84% (CoinMarketCap data)
These figures reflect the inherent volatility in the crypto market and suggest that, despite the delisting of derivatives contracts, Decentraland (MANA) remains actively traded.
**Community and Industry Response**
Binance’s official statement advises users:
*”Binance Futures will automatically settle and delist the COIN-M MANAUSD and EGLDUSD perpetual contracts on 2025-11-13 at 17:00 (UTC). Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.”*
Community reactions have mainly focused on timely reminders to close positions, with discussions across crypto forums and social platforms echoing Binance’s advice to exit trades ahead of the deadline.
**Looking Forward**
According to the Coincu research team, this move targets only futures contracts and preserves spot market access for MANA and EGLD traders. Market participants can expect some short-term volatility, but historical patterns suggest continued interest in both tokens.
As always, traders are encouraged to monitor official Binance announcements for updates and manage their positions according to platform guidance.
https://bitcoinethereumnews.com/tech/binance-to-settle-and-delist-manausd-egldusd-contracts/
