According to an official announcement from Odaily Planet Daily, Binance will automatically settle and delist USDⓈ-MDEFIUSDT and MEMEFI perpetual contracts at 09:00 (UTC) on August 11, 2025. Users must close their positions before 08:30 (UTC) on August 11, 2025, and will not be able to open new positions after that date. The IOCO mechanism will be activated one hour before settlement to handle forced liquidation, and unfulfilled positions will enter the ADL process. (This news flash was generated with AI assistance.)