Delisting of 48 Perpetual Swap Contracts
04 Sept 2025 · 03:39 UTC · BitMEX Blog RSS Feed · Original source
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Summary
On 11 September 2025 at 12:00 UTC, 48 perpetual swap contracts, including SAGAUSDT and HAEDALUSDT, will be delisted.
Why it matters
Delistings usually create uncertainty among traders and can lead to liquidations or position adjustments. The likelihood of impact is heightened if affected trading pairs are heavily leveraged. Overall, as the delisting approaches, traders may opt to exit positions, contributing to increased volatility and slightly bearish sentiment in the market. However, the long-term effects may not be as significant once the initial shock is absorbed, leading to a potential normalizing of prices post-event.
Expected impact
The upcoming delisting of multiple perpetual swap contracts may lead to short-term bearish sentiment in both BTC and alt markets, especially given that traders often react negatively to such announcements. There may be moderate volatility as traders adjust their positions prior to and after the delisting date.