Introduction
Binance is currently making significant changes to its leverage parameters. This move involves the removal of several leveraged and margin trading pairs, aligning with the company's efforts to create a more stable and less volatile market environment for Bitcoin and other digital assets.
The reduction in leverage comes amid Binance's ongoing priority to adapt to regulatory demands and market conditions. Despite the changes, no direct statements have been released by Binance's founder Changpeng Zhao (CZ) or CEO Richard Teng.
Upcoming Margin Pair Delistings
Binance plans to delist specific margin trading pairs with precise timelines established for this process. According to official announcements, the margin trading pairs will be delisted on November 6, 2025, at 06:00 UTC.
On November 5, 2025, at 06:00 UTC, Binance Margin will suspend isolated margin borrowing on these affected pairs. The following day, on November 6, at 06:00 UTC, Binance will close all user positions, conduct automatic settlements, and cancel pending orders.
- •PEOPLE/BTC
- •SCR/FDUSD
- •RARE/BTC
- •OM/BTC
- •IOTX/BTC
Futures Contract Adjustments
Binance is also making changes to its futures contracts, with plans to close all positions and perform an automatic settlement on November 13, 2025, at 09:00 UTC. The contracts will be delisted after the settlement process is complete.
The futures changes expand to include products like the STABLEUSDT Perpetual Contract, which will be offered with up to 5x leverage. This aligns with Binance's ongoing initiative to provide a structured trading environment.
"Binance is set to introduce the STABLEUSDT perpetual contract on Binance Futures, with pre-market trading scheduled to commence on 2025-11-06... This new offering will allow traders to engage with up to 5x leverage."
Binance Announcement
Historical Context and Market Effects
Binance's decision to lower leverage is not unprecedented. Similar measures were implemented in 2021 and early 2022, which led to reduced liquidation cascades during volatile market periods. These activities are often seen as beneficial for creating a more resilient trading atmosphere.
Such changes have historically resulted in temporary drops in perpetual swap open interest and have been perceived positively by institutional investors as a strategy to curb systemic liquidations.
Reactions and Future Implications
Though no direct reactions from leading crypto figures or financial regulators were available as of November 9, 2025, such systemic changes frequently draw responses from market influencers and analysts once their impacts become evident.
Community reactions are often anticipated on social platforms such as Twitter and Reddit, particularly as these changes take effect and market participants observe any shifts in volatility or market dynamics.