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Binance sets STG-to-ZRO conversion timeline

Binance details its support for the Stargate Finance (STG) to LayerZero (ZRO) token merge, outlining a staged shutdown of services across its platform.

Binance sets STG-to-ZRO conversion timeline

Binance has published a September 18 announcement detailing its operational support for the Stargate Finance (STG) token merge into LayerZero (ZRO).

The notice covers a wide surface area. Binance says it will manage the transition across spot trading, futures, margin, loans, Simple Earn, Pay, Convert, and Buy & Sell Crypto. It sets separate deadlines for each, which means users with positions spread across products face a patchwork of cutoff times rather than a single exchange-wide shutdown.

The first restriction lands at 06:00 UTC on Saturday, September 19, when Binance Margin suspends new Cross Margin and Isolated Margin borrowings on STG pairs. That’s followed on September 24 at 10:00 UTC, when Binance removes STG from both margin products entirely.

Derivatives traders face the tightest sequence. Binance Futures will stop accepting new STG positions at 08:30 UTC on September 24, thirty minutes before it closes all existing STG futures contracts and runs automatic settlement at 09:00 UTC. The announcement does not state the settlement price, nor does it describe any conversion of futures exposure into ZRO contracts.

Spot trading runs longer. All STG spot pairs, including STG/USDT, get removed and open orders cancelled at 03:00 UTC on October 6. STG deposits and withdrawals stop thirty minutes after that, at 03:30 UTC.

Between the futures cutoff and the spot closure, several other product deadlines fall. Binance Loans — Flexible Rates and VIP Loan products both — will close all outstanding STG loan positions at 03:00 UTC on September 28. Binance Pay drops STG from supported cryptocurrencies at 07:00 UTC on September 29. Binance Simple Earn ends support for STG Simple Earn Flexible Products at 07:00 UTC on September 30; the announcement doesn’t specify what happens to user balances held in that product beyond the general merge framework.

Then October. Convert Low-Value Assets removes STG at 02:00 UTC on October 5. On October 6, Binance Convert and Buy & Sell Crypto remove STG and all associated pairs at 02:00 UTC, one hour before the spot-market closure at 03:00 UTC, followed by the deposit and withdrawal suspension at 03:30 UTC.

Worth noting: Binance’s notice supplies the conversion ratio and its own product-specific schedule, but it doesn’t explain how STG holders outside Binance complete the swap. It refers users to a separate announcement from the project team for those details, without reproducing them.

The announcement does not provide a relisting date for ZRO on Binance Margin or Futures.

binance layerzero stargate finance stg zro
Marcus Feld

Marcus Feld

DeFi & On-chain Analyst · 6 years covering crypto · Author page

Marcus Feld is CoinScoop's DeFi and on-chain analyst. He digs into L2 activity, stablecoin flows and protocol revenue, translating raw chain data into plain-English calls.

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