- Gemini and MEXC to remove perpetual contracts in May 2025.
- Delisting involves altcoins paired with GUSD.
- No direct commentary from CEOs or leading figures noted.
Gemini and MEXC exchanges will delist multiple perpetual contracts in mid-to-late May 2025, affecting several altcoins paired with GUSD across both platforms.
These delistings matter for managing risk and liquidity on these platforms and have a minor impact on the market. There are no notable reactions from major
market influencers yet.
Gemini and MEXC will remove several
perpetual contracts and leveraged currency pairs from their offerings, driven by internal strategy. Gemini announced the delisting of contracts for BOME,
DOT, and other altcoins.
“On 2 May 2025 at 12:00pm SGT, Gemini Derivatives will delist the following contracts: BOMEGUSDPERP, DOTGUSDPERP, GOATGUSDPERP, MOODENGGUSDPERP, PNUTGUSDPERP,
PYTHGUSDPERP…All open orders for these perpetual contracts will be automatically cancelled.”
– Gemini Derivatives Team, Official Blog,
Gemini
The actions are handled by the exchange platforms without direct commentary from founders or high-profile leaders. The exchange’s blogs state
risk management as a priority. Neither platform involves major assets like BTC or ETH in this round.
The delisting has limited broader market impacts, primarily affecting traders holding these altcoins.
Market reactions appear subdued, with a focus on effective settlement procedures.
Financially, this aligns with regular platform optimization to
improve liquidity. There are no
institutional or regulatory influences highlighted in the delisting explanations.
Enhanced risk mitigation and internal decision-making are evident. This mirrors
past patterns of delisting due to low liquidity or demand,
emphasizing user safety and platform efficiency.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
Circle Wires USDC Into Crypto’s New Settlement Infrastructure
Circle is positioning USDC inside crypto's emerging settlement infrastructure, signaling a deeper role for stablecoins in market plumbing and payments.
SEC Gives Some Self-Custody Crypto Apps 5-Year Relief
The SEC gave some self-custody crypto apps temporary relief from broker rules until April 2031. Here is what qualifies, what is excluded, and why it matters.
Circle CEO Jeremy Allaire Sees Opportunity for a Yuan-Backed Stablecoin
Circle CEO Jeremy Allaire says a yuan-backed stablecoin could present a tremendous opportunity. Here is the key context, why the remark matters, and what it could mean for crypto markets.
Senator Thom Tillis Says He Is ‘Guardedly Optimistic’ on Stablecoin Legislation
Senator Thom Tillis said he is "guardedly optimistic" about stablecoin legislation and expects to schedule a next step, signaling movement in the crypto policy debate.
Top Crypto News for Wed, Apr 15: CLARITY Act Deadline, Senate Gridlock
Top crypto news for Wed, Apr 15, led by the CLARITY Act's two-week deadline, Senate gridlock, and the wider market and policy themes shaping crypto.
White House Study Challenges Stablecoin Yield Ban as Senate CLARITY Stakes Rise
A White House study is undercutting the case for a stablecoin yield ban, adding pressure to the Senate as CLARITY-related crypto policy debate intensifies.
