According to @ThinkingUSD on X on Oct 12, 2025, Binance allegedly offered non-ADL arrangements to certain counterparties, raising neutrality and fairness concerns for futures liquidation mechanics, source: @ThinkingUSD on X. Binance Support's Futures ADL Guide states that Auto-Deleveraging applies to all users when the insurance fund is insufficient, with priority based on leverage and unrealized PnL, and it does not publicly list any ADL exemptions, source: Binance Support Futures ADL Guide. Binance's VIP and Market Maker program materials describe fee rebates and higher API rate limits but do not disclose ADL waivers, a material factor for assessing counterparty and liquidation risk on BTCUSDT and ETHUSDT perpetuals, source: Binance Market Maker Program and Binance VIP Program pages. Regulatory filings have previously alleged preferential treatment for some clients, including notice of law enforcement inquiries, according to the U.S. CFTC complaint filed on Mar 27, 2023 and the U.S. Department of Justice press release on Binance's 2023 plea and compliance undertakings, source: CFTC v. Binance and U.S. DOJ press release. Traders can mitigate tail risk by monitoring the on-screen ADL indicator and insurance fund balances on Binance, diversifying exposure across venues, and using CME BTC and ETH futures for hedges as specified in CME Group product documentation, source: Binance Insurance Fund dashboard and CME Group product specs.