Binance Delists Five Margin Pairs Including CVX and ENJ
Convex Finance (CVX)
Editor:
Eugene Serbin
DigitalToday.co.kr reports that Binance will delist five cross-margin and one isolated-margin trading pair on September 18. The affected cross-margin pairs include ENJ/USDC, GENIUS/USDC, CVX/USDC, GUN/USDC, and VANA/USDC, while GENIUS/USDC is also removed from isolated margin. Binance plans to close positions, execute automatic settlement, and cancel all open orders for these pairs on that date.
Immediate measures include halting isolated-margin borrowing for GENIUS/USDC from September 16 and preventing manual or automatic transfers of related assets into isolated-margin accounts. Users are advised to close positions or move assets to spot accounts before margin trading halts, as the process may take approximately three hours. The delisting applies specifically to these pairs and does not remove the assets from Binance entirely, as they remain tradable in other supported pairs.
Separately, Binance announced the end of spot trading for Pax Dollar (USDP), with all USDP spot pairs delisting on September 24. Deposits for USDP will cease being credited from September 25, and withdrawals will be halted from November 24. After November 25, Binance may convert delisted USDP into another stablecoin on behalf of users. This simultaneous adjustment of margin pairs and stablecoin support highlights Binance's ongoing review of asset support scopes.
How the market reacted
Whalio's own Binance spot order flow for CVX, measured when this story was written up on 16 September 2026. Not the outlet's figures.
Whalio's data for CVX shows a price of $1.86 with a 1-hour buy ratio of 24.8%, which is significantly lower than the 4-hour ratio of 59.5% and the 24-hour ratio of 58.2%. This divergence suggests that while buying pressure has been strong over the last day, it is fading in the immediate short term. The 1-hour volume delta is -$5,078, indicating recent net selling, contrasting with a positive 4-hour delta of +$13,596 and a 24-hour delta of +$235,297. The CVD at the 24-hour close stands at +$187,564, reflecting net buying over the full day. These metrics indicate that the recent buying pressure is weakening as the hour progresses.
The latest daily buy ratio of 48.0% sits at the 31st percentile of the last 322 days, against a median of 49.6% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for CVX, averaged over the days leading up to the story.
Over the preceding week, CVX experienced a 15.8% price decline despite a 24-hour volume of $1,435,223, which is 2.43 times the weekly average. The 7-day average buy ratio was 49.8%, making the latest day's 58.2% ratio an unusual increase of 8.3 points above the norm. Net buying occurred on only 3 of the past 7 days, with a total volume delta of +$305,461 for the period. This indicates that while today saw higher-than-average buying activity, it is not yet the dominant trend for the week.