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