Gemini and MEXC to Delist Crypto Contracts in May

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.