Binance Futures will be delisting the COIN-M RUNEUSD perpetual contract on November 19, 2025, with all open positions automatically settled at 09:00 UTC. Users are urged to close their open positions before this time to avoid automatic settlement. Starting at 08:30 UTC, opening new positions for this contract will be prohibited. Binance Futures clarifies that the Futures Insurance Fund won’t support liquidations during the final hour preceding the scheduled settlement. Instead, any liquidation triggered during this period will happen as an Immediate or Cancel (IOCO) order, which will automatically be placed in the market to execute. If this IOCO successfully reduces the position to meet required Margin Maintenance requirements, the liquidation process ends. However, if it fails to fully reduce the position and does not meet these requirements, the unfilled portion will resolve through Auto-Deleveraging (ADL). Open positions during this final hour are subject to heightened volatility and potentially reduced liquidity. To mitigate potential risks, Binance Futures may implement additional measures without further notice to protect users and minimize market impact. These steps might include adjusting leverage, position value, maintenance margin, funding rates, price index constituents, and utilizing the Last Price Protected mechanism for Mark Price updates.