According to CoinWorld, Binance Futures will convert its QNTXUSDT pre-IPO perpetual contracts to standard USDⓈ-margined TradFi perpetual contracts on June 4, 2026. The conversion process will begin at 18:00 (UTC) on that day, and the price smoothing process may take up to 3 hours, depending on price volatility and the availability of the stability index. During the transition, trading functionality will be unaffected, and open orders and positions will not be cancelled.