LBank to delist UBIKUSDT and STANDARDUSDT perpetuals on Nov 13
LBank says it will auto-settle and delist two USDT-margined perpetual contracts at 12:00 UTC on November 13, 2026, and advises holders of open positions to close them first.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
LBank Futures announced that it will automatically settle the UBIKUSDT and STANDARDUSDT perpetual contracts and delist them at 12:00 UTC on November 13, 2026, once settlement is complete. The announcement advises users to close any open positions before the delisting time to avoid automatic settlement. The source does not state that any account action, withdrawal, or conversion is required, and it does not address asset safety, pricing, or service availability beyond these two contracts.
On this page
- 01
LBank Futures will delist the UBIKUSDT and STANDARDUSDT perpetual contracts.
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Delisting is scheduled for 12:00 UTC on November 13, 2026, after automatic settlement is complete.
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LBank advises users to close open positions before the delisting time to avoid automatic settlement.
Key timeline
Scheduled automatic settlement and delisting of UBIKUSDT and STANDARDUSDT perpetual contracts, per LBank.
Who may be affected
- LBank Futures users holding open positions in UBIKUSDT perpetual contracts
- LBank Futures users holding open positions in STANDARDUSDT perpetual contracts
Impact analysis
The confirmed operational effect is limited to two LBank Futures perpetual contracts: UBIKUSDT and STANDARDUSDT will be automatically settled and then delisted at 12:00 UTC on November 13, 2026. For users with open positions in either contract, the source indicates that automatic settlement will occur at delisting unless they close positions beforehand, which is why LBank advises closing them prior to that time. The announcement does not describe settlement pricing mechanics, fees, margin treatment, or what happens to positions left open. It also does not state effects on any other LBank product, on spot markets, or on users without positions in these two contracts.
What the announcement does not say
The source does not specify the settlement price methodology, fee treatment, margin or liquidation handling for positions left open, whether the contracts can be reopened, or any effects on products other than these two perpetual contracts.
Risk notes
- Positions left open at delisting are subject to automatic settlement, per the announcement; the source does not detail how that settlement is priced.
- The announcement does not address asset safety, market liquidity, or price effects, so no conclusion on those points should be drawn from it.
- Only the two named contracts are covered; the source is silent on any other LBank market or service.
- This article is for checking the exchange's official announcement only and is not investment or trading advice.
- This article verifies official exchange announcements and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Do I have to close my UBIKUSDT or STANDARDUSDT position?
LBank advises closing open positions before delisting to avoid automatic settlement. The announcement does not state that closing is mandatory or describe penalties for leaving positions open.
What happens to positions still open at 12:00 UTC on November 13, 2026?
They are subject to automatic settlement as part of the delisting. The source does not disclose the settlement price method or any related fees.
Does this affect other LBank contracts or spot trading?
The announcement names only UBIKUSDT and STANDARDUSDT perpetual contracts and does not mention other markets or services.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.
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