Binance Futures will perform final settlements for BIDUSDT, DMCUSDT, ZRCUSDT and TANSSIUSDT perpetual contracts at 09:00 UTC on Jan 21, closing all positions (no new positions allowed from 08:30 UTC). Binance cited extreme volatility, reduced liquidity and lack of insurance-fund support; open positions may be auto-deleveraged. Market moves followed: BID dropped to $0.022 after heavy selling, DMC fell near $0.0011, TANSSI briefly surged ~30% then faded, and ZRC showed little reaction. The delisting has been framed as a reality check for AI, EV and sovereign appchain narratives.

Binance announced final settlements and removal of four perpetual contracts with a fixed settlement time and a 30-minute cutoff for new positions; the exchange cited extreme volatility, reduced liquidity and lack of insurance-fund support. Binance warned open positions risk auto-deleveraging. Immediate market reactions included heavy selling and sharp price moves for BID and DMC and a brief TANSSI spike, indicating direct short-term downside pressure on the listed tokens.