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The Binance contract will close all PTBUSDT and MITOUSDT U-based perpetual contract positions and perform automatic settlement on October 23, 2026 at 17:00 (UTC+8). After settlement is completed, the contract will be taken offline; Starting from 17:30 UTC+8 on October 21, 2026, users will not be able to place new orders for contracts other than reducing inventory. (Source: Binance Official Announcement)