Binance Delists IP Perpetual Futures Ahead of Story Rebrand to Data Network

Binance, the world's largest cryptocurrency exchange by trading volume, will delist its IP/USDT and IP/USDC perpetual futures contracts on June 27 at 9:00 a.m. UTC.

This move is tied to the Story (IP) project's rebranding to Data Network, which will fundamentally alter the asset's underlying identity and tokenomics.

The delisting of perpetual futures removes a key trading vehicle for IP, potentially leading to reduced trading activity and increased volatility in the spot market.

Binance has not indicated whether spot trading pairs for IP will be affected, but traders holding open positions are advised to close them before the deadline to avoid automatic settlement.