Binance to remove SLERFUSDT and CHZUSD futures contracts

Binance will delist the SLERFUSDT U-margined and CHZUSD coin-margined contracts as a part of its regular futures optimization. Automatic liquidation will occur at the same time, with users advised to manage their positions to prevent liquidation.

Following the announcement, SLERF’s trading volume spiked by 4,133.51%, reflecting a 13.68% price increase. However, the recent 30-day data shows a 31.14% decline, indicating volatility despite the major cryptocurrencies like BTC and ETH remaining stable.

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