⚠️ Delisting of BTC/ETH USDT perpetuals, BNB and PAXG options. At Deribit, we are committed to offering a best-in-class trading environment that aligns with the needs of our clients. As part of our ongoing effort to optimize our product offering, we periodically review demand and consolidate liquidity. Based on current market activity, we will proceed with the following delistings: 👉 Delisting of BTCUSDT and ETHUSDT (USDT settled perps) - 1st of August 2025 9 AM UTC. In order to consolidate the liquidity into one set of linear perps, Deribit will delist the BTC_USDT-Perpetual and ETH_USDT-Perpetual contracts as of the 1st of August 2025 8 AM UTC after the regular settlement. The following time line will take place: - At 8 AM UTC, trading in the BTC and ETH USDT perps will be halted. - The open positions will be closed based on the time-weighted average of Deribit BTC USD index as measured between 07:30 and 08:00 UTC. - This final settlement price will be published as a notification. - No settlement fees will be charged on final position close-outs. The inverse BTC and ETH, and all linear USDC settled perps (including BTCUSDC and ETHUSDC perps) will remain open for trading. 👉 Delisting of BNB options 25 July 2025. Deribit will stop listing new BNB option expiries after the 25 July 2025 expiry. Daily and weekly options will continue to be listed only up to that date. 👉 Delisting of PAXG options and PAXG dated futures 25 December 2025. - No new PAXG options will be listed with an expiry date beyond 25 December 2025. - No new PAXG dated futures will be listed with an expiry date beyond the same date. - Weekly and monthly options will only be listed up to 25 December. Deribit. Always Open.