According to an official announcement from Binance, Binance contracts will automatically liquidate the DEFIUSDT and MEMEFI U perpetual contracts on August 11, 2025, at 17:00 (UTC+8), and the aforementioned U perpetual contract trading pairs will be removed after the liquidation ends. Users are advised to close their positions themselves before trading stops to avoid automatic liquidation of positions. Starting from 16:30 (UTC+8) on August 11, 2025, users will not be able to add new positions in the aforementioned U perpetual contracts. During the last hour before contract settlement, the contract risk protection fund will not participate in the forced liquidation process of the contract.