Binance Delists Eight USDC Margin Pairs Amid Trading Platform Update
Crypto exchange Binance has announced it will delist eight USDC margin pairs in its Cross Margin and Isolated Margin modalities. The affected pairs include AUCTION/USDC, BEAMX/USDC, CETUS/USDC, HUMA/USDC, LAYER/USDC, NXPC/USDC, UMA/USDC, and VELODROME/USDC in Cross Margin, as well as HUMA/USDC, LAYER/USDC, and NXPC/USDC in Isolated Margin. Manual or automatic transfers of funds into isolated margin accounts for these assets have been disabled with immediate effect.
The delisting process will take place in phases to mitigate risks on active positions. On August 18 at 06:00 UTC, Isolated Margin borrowing services for HUMA/USDC, LAYER/USDC, and NXPC/USDC will formally cease. The system will automatically close open positions, execute account settlements, and cancel pending orders on all designated pairs on August 21 at 06:00 UTC.
Binance management has advised traders to close their positions and transfer their remaining assets to their respective Spot wallets before the August 21 cutoff to avoid forced liquidations. This move is part of a larger effort to optimize order book depth and concentrate capital into pairs with higher institutional and retail demand.