Binance Futures will close all positions and conduct an automatic settlement on the USDⓈ-M WAVESUSDT Perpetual Contract at 2024-06-11 09:00 (UTC). The contract will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the aforementioned contract starting from 2024-06-11 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the USDⓈ-M WAVESUSDT Perpetual Contract without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. Please note that users may continue trading USDⓈ-M OMGUSDT and XEMUSDT Perpetual Contracts.