A major exchange has delisted four contract products. What happened to these tokens?

Question

【Crypto World】A major exchange's official announcement states that on January 21, they will delist BIDUSDT, DMCUSDT, ZRCUSDT, and TANSSIUSDT perpetual contracts, and forcibly close all positions. The exchange cited three main issues with these tokens: excessive price volatility, obvious lack of market liquidity, and absence of an insurance fund to provide backing.Once the news broke, the market reacted quickly. The prices of related tokens such as CreatorBid and DeLorean dropped accordingly, and traders' psychological expectations also fluctuated. This matter seems simple, but it reflects the exchange's attitude toward risk management—when a token's fundamentals are weak, and liquidity dries up to the point that maintaining market order becomes difficult, the exchange would rather make aggressive decisions to protect the entire trading ecosystem.For investors, this is a signal: when choosing contract products, it's not enough to just look at popularity; attention must also be paid to the fundamentals, liquidity, and the exchange's risk control red lines.

WalletDoomsDay · Accepted Answer

Another wave of retail investors is about to be cut, this is the fate of contracts.

WagmiAnon · Answer

Another wave of cutting leeks, is the exchange just removing listings due to insufficient liquidity? It seems like the exchange is just passing the problem onto retail investors.

DeFi_Dad_Jokes · Answer

Here comes another round of cutting leeks, this time with a direct liquidation. Truly ruthless.

MerkleDreamer · Answer

Here comes the pump and dump again. I knew these few coins looked suspicious, and the exchange finally took action.

WenAirdrop · Answer

Another round of cleanup. To put it simply, these few coins have poor fundamentals, and exchanges are also left with no choice.

NftBankruptcyClub · Answer

Another wave of retail investors is about to be harvested. Holders of these coins need to think about how to cut losses.

BlockchainArchaeologist · Answer

Here comes the same old story? I've heard this excuse from exchanges too many times: high volatility, poor liquidity. Honestly, it just means no one is trading.

LiquidityWhisperer · Answer

Another wave of liquidations... These coins really have poor fundamentals and should have been delisted long ago.

0xSleepDeprived · Answer

Another liquidation? These four coins have been worthless for a long time. What are you surprised about?

A major exchange has delisted four contract products. What happened to these tokens?

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