Binance Futures has announced plans to close all positions and conduct an automatic settlement on the USDⓈ-M PONKEUSDT, SWELLUSDT, and QUICKUSDT Perpetual Contracts. This procedure is scheduled to execute on November 28, 2025, at 09:00 UTC. Following the completion of the automatic settlement, these contracts will be officially delisted from the platform. Market participants holding positions in these contracts are generally advised to manage their exposure prior to the cessation time to avoid automatic settlement procedures. The tokens associated with these contracts currently represent lower-cap assets within the market. Available data suggests market capitalizations of approximately $22 million for PONKE, $10 million for QUICK, and $9 million for SWELL.