Binance Axed 4 Obscure USDC Margin Pairs And Refuses To Explain Why

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Oh great, another thrilling episode of “Big Crypto Exchanges Delete Random Stuff And Don’t Tell You Why”. Turns out Binance is yeeting four USDC margin trading pairs off its margin platform later this month, no notes, no warning, just a little “lol these are gone now” announcement dropped out of nowhere.

The axe falls on June 19 at 6am UTC, by the way, and the unlucky pairs are all cross margin trades for the crypto equivalents of that band your cousin was obsessed with at uni that no one has streamed since 2021: Civic (CVC), Rocket Pool (RPL), XAI (XAI) and Ravencoin (RVN). So if you’ve got any skin in those CVC/USDC, RPL/USDC, RVN/USDC or XAI/USDC games, you might wanna pay attention.

And in a move that shocks exactly no one who has ever dealt with a crypto exchange, Binance didn’t bother to explain why they’re pulling these pairs. No “liquidity issues”, no “regulatory stuff”, no “we accidentally deleted the code and don’t wanna admit it”-just a blank announcement outlining the delisting process like they’re returning a library book they borrowed 10 years ago and don’t want to make eye contact with the librarian.

If you’re one of the unlucky sods holding positions in these pairs, Binance is forcing you to close up shop or move your assets to a spot account before that 6am June 19 cutoff, if you don’t wanna lose money. You won’t be able to touch your positions during the delisting process, which will take about three hours-conveniently, exactly the amount of time it takes to rewatch the Fleabag hot priest scene 12 times and question all your life choices, so you won’t even notice the downtime, honestly.

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Binance Is Now Basically The King Of SpaceX Futures, Apparently

In a report that definitely isn’t just a flex, Binance says it now holds 60% of the market for SpaceX perpetual futures (that’s SPCXUSDT for the finance nerds in the room), making it the second biggest traded product on the platform, only beaten by Bitcoin perpetuals. Which, fair, if you’re gonna bet on a random internet coin, might as well bet on the one tied to the guy who sends cars to space, right?

As of June 13, that SPCXUSDT pair had done over $5.6 billion in 24 hour rolling trading volume, and over $9 billion in total volume since SpaceX’s pre-IPO and post-listing phases launched on Binance. That’s more money than I’ve earned in my entire life, and also probably more than the GDP of that tiny island country I went on holiday to once and got food poisoning.

As of June 15, Binance is still holding over 60% of the SPCXUSDT market across all crypto platforms, centralized and decentralized, and it’s beating every other exchange on open interest, whatever that means. I’m sure that’s very impressive, I just hope no one’s using their rent money to bet on it.

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2026-06-16 14:45