Binance Delists 8 USDC Margin Pairs Amid Phased Rollout

Binance has announced that it will delist eight USDC margin pairs in its Cross Margin and Isolated Margin modalities on August 21. The affected pairs include AUCTION/USDC, BEAMX/USDC, CETUS/USDC, HUMA/USDC, LAYER/USDC, NXPC/USDC, UMA/USDC, and VELODROME/USDC.

The delisting process will be phased to mitigate risks on active positions. Isolated Margin borrowing services for HUMA/USDC, LAYER/USDC, and NXPC/USDC will cease on August 18 at 06:00 UTC. On August 21, the system will automatically close open positions, execute account settlements, and cancel pending orders.

Binance management advises traders to close their positions and transfer their remaining assets to Spot wallets before the cutoff date to avoid forced liquidations. The removal of these leveraged pairs does not affect the availability of the tokens in regular Spot market operations.