The day before yesterday, an announcement from a major exchange instantly triggered the market—more than a dozen highly popular meme coins like FDUSD leveraged trading pairs are facing complete delisting or functional restrictions. Coins such as ARB, ATOM, SHIB, PEPE, LDO, GALA, which everyone frequently trades, are all listed. Starting immediately, transfer and lending channels are gradually closing, and by December 30th, all leveraged positions will be forcibly liquidated.

This is not a warning; it’s strict enforcement. The wording of the announcement is chilling—if you don’t close your positions proactively, you bear all the consequences. Many people suddenly found their trading tools disappeared overnight, exposing their risks completely.

Honestly, seeing this news, I feel somewhat relieved about my choices. Before the risk exposure, I had already withdrawn most of my assets that I wanted to grow steadily from leveraged trading. I didn’t put my eggs in the centralized exchange basket but shifted to on-chain stable yield protocols.

While others are calculating how to avoid forced liquidation and quickly transfer their positions, my holdings in on-chain USDD continue to generate stable returns. Unaffected by any exchange policy adjustments, the rules are written in code—transparent and tamper-proof.

In simple terms, I have gained autonomy—my asset security and profit logic do not rely on Binance or any other centralized platform’s "risk control decisions." No one can delist your assets overnight, nor can anyone arbitrarily change the game rules. That’s true peace of mind.