Binance Delists Three Cryptocurrencies
Binance has announced the delisting of Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP). Trading for these cryptocurrencies will cease on its platform on November 12, 2025, at 11:00 AM (UTC+8).
This decision is part of Binance's ongoing adjustments to its trading offerings and may impact token liquidity and shift trading activity towards decentralized exchanges.
Binance has announced the delisting of Flamingo, Kadena, and Perpetual Protocol. The cessation of trading for these cryptocurrencies is scheduled to occur on November 12, 2025, in line with compliance and liquidity standards. Flamingo operates on Neo, Kadena is recognized as a Layer 1 asset, and Perpetual Protocol is involved in decentralized perpetual contract offerings.
The delisting may impact liquidity and trading opportunities for these tokens, potentially influencing their market standing. Neither Binance nor these projects have issued detailed explanations or responses on their respective social platforms at this time, though reduced liquidity and potential shifts in trading patterns are likely.
Historical Delisting Patterns and Market Reactions
Binance's past delistings, such as for BAKE, have witnessed volatile price actions, with BAKE surging 170% post-announcement. This reveals the unpredictable market responses possible following delisting events.
According to CoinMarketCap, as of October 29, 2025, Flamingo's market cap reached approximately $11.78 million, with a circulating supply of 559,126,360 tokens. The cryptocurrency recorded a 5.35% 24-hour price increase, yet showed a decline of 27.22% over the last 60 days, highlighting mixed market sentiment amid the delisting news.
Insights from the Coincu research team indicate that delistings from major exchanges may drive migration to decentralized exchanges, influencing liquidity strategies. Historical patterns suggest delisted tokens often face reduced centralized trading activity, urging developers to explore decentralized avenues.
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