The largest crypto exchange in the world by trading volume, Binance, has declared that it will delist three altcoins, Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP) in November.
The move, part of Binance’s regular asset review process, has already stirred market reactions and raised questions among traders about what comes next.
According to Binance, spot trading for FLM, KDA, and PERP will stop on November 12, 2025, at 03:00 UTC. Users will no longer be able to deposit these tokens after November 13, and withdrawals will close on January 12, 2026.
Several Binance services, including spot copy trading, margin trading, convert, and mining pools, will also wind down in early November.
Why Binance is doing this
Binance said it reviews all listed coins regularly to ensure they meet its quality standards. Factors like project activity, liquidity, security, and regulatory developments are taken into consideration.
In case a token fails to meet these standards, Binance can delist it to safeguard users and ensure market integrity.
In its statement, the exchange said, “We conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics.”
Price impact
The delisting triggered mixed reactions in the market. Kadena (KDA) fell 3% continuing its downward trend. Perpetual Protocol (PERP) fell 18%, reflecting a cautious mood of traders, according to data from CoinMarketCap.
But Flamingo (FLM) defied the norm. Instead of falling, it surged nearly 48% after the announcement. Such moves are rare during delistings, which typically cause panic selling.
For everyday traders, this delisting will lead to reduced liquidity and trading opportunities of these tokens on Binance. Users with FLM, KDA or PERP are advised to make withdrawals before the due dates to prevent loss of access.
Ultimately, the choice of Binance demonstrates that delistings may cause market sentiment to tremble, in both surprising and unexpected directions, as it serves as a reminder to investors that even a delisting can cause unforeseen volatility.
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