Binance delisting $IP perpetual contracts on June 28, 2026

Both USDⓈ-M IPUSDT and IPUSDC perps getting axed. Current mcap sitting at $110.5M.

Usually means liquidity drying up or compliance issues. If you're holding $IP derivatives, start planning your exit or roll into spot. Delisting announcements typically trigger vol spikes and funding rate chaos in the final weeks.

Watch for:
- Funding rate anomalies as traders unwind
- Spot premium/discount shifts
- Potential cascade if leveraged positions get liquidated near expiry

Not financial advice but historically these delistings = red flags for sustained futures interest.