In an evolving move that could impact traders and enthusiasts alike, Binance, one of the world’s leading cryptocurrency exchanges, has announced the forthcoming delisting of two perpetual contracts. The decision, which will take effect on October 12, 2025, involves the removal of the popular meme token Shiba Inu (SHIB) and the lesser-known but steadily traded VeChain (VET). This latest announcement has sent ripples through the crypto community, prompting a mix of reactions from stakeholders.
A Strategic Shift
Delisting decisions are not uncommon in the volatile crypto landscape, where exchanges frequently adjust their offerings based on market conditions, regulatory changes, and strategic priorities. Binance’s move to delist SHIBUSDT and VETUSDT perpetual contracts follows a routine review of its products, which aims to ensure the exchange maintains a robust and competitive ecosystem. The company has stated that these decisions are made to protect users and align with its long-term vision of fostering a healthy trading environment.
The delisting of SHIB, a memetic cryptocurrency that initially surged in popularity due to its playful branding and community-driven ethos, is perhaps the more surprising of the two. Shiba Inu, often dubbed the “Dogecoin killer,” gained significant traction in 2021 and has since been a staple in the portfolios of meme coin enthusiasts. Its removal could signify Binance’s intent to streamline its product offerings and focus on more stable and utility-driven tokens.
Market Reactions
The announcement has sparked varied reactions across the crypto community. Proponents of Shiba Inu have expressed disappointment, citing the token’s robust community engagement and recent technological developments, such as the launch of Shibarium, a layer-2 blockchain solution aimed at enhancing transaction speeds and reducing costs. These advancements, they argue, underscore SHIB’s potential beyond its meme origins.
However, critics of meme tokens see the delisting as a necessary step towards maturity in the cryptocurrency markets. They argue that the speculative nature of meme coins can lead to increased volatility and risk, which might not align with the strategic goals of major exchanges like Binance. By focusing on more established and utility-centric tokens, Binance may be positioning itself to appeal to a broader range of institutional and conservative investors who prioritize stability.
Implications for Traders
For traders actively engaged in SHIBUSDT and VETUSDT perpetual contracts, Binance has outlined a clear timeline and transition process. Open positions on these contracts will be closed automatically on October 12, 2025, with users advised to manage their positions proactively to avoid any last-minute disruptions. Binance has also assured users that all pending orders will be canceled, and the funds will be returned to their spot wallets.
This development presents a critical juncture for traders who must now reconsider their strategies and explore alternative avenues for trading these assets. Some may migrate to other platforms that continue to support these contracts, while others might pivot towards new investment opportunities within the Binance ecosystem. The exchange, renowned for its expansive range of offerings, is likely to continue attracting users with its diverse portfolio of tokens and innovative solutions.
Looking Ahead
As Binance continues to refine its product offerings, the broader crypto community will be watching closely to see how these changes impact market dynamics. The exchange’s decision to delist SHIB and VET perpetual contracts reflects a broader trend of consolidation within the industry, where exchanges are increasingly selective about the tokens they support.
In the coming months, it will be crucial to observe how other exchanges respond to Binance’s move. Will they follow suit and delist similar assets, or will they seize the opportunity to capture a segment of Binance’s user base by offering continued support for these contracts? This competitive interplay between exchanges could significantly shape the future landscape of cryptocurrency trading.
For now, Binance’s announcement serves as a reminder of the dynamic and ever-evolving nature of the crypto markets. As traders and investors adjust their strategies, the industry continues its journey towards greater maturity and mainstream acceptance. While meme tokens like Shiba Inu may face hurdles, their enduring popularity and community backing suggest that they might still have a role to play in the broader crypto narrative.
In conclusion, Binance’s decision to delist SHIB and VET perpetual contracts is a strategic move with far-reaching implications. It challenges traders to adapt and reassess their positions while highlighting the ongoing transformation of the cryptocurrency landscape. As the industry evolves, one thing remains certain: change is the only constant in the world of crypto.
Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
