Binance recently concluded its first “Vote to Delist” batch, empowering its community to influence which tokens remain on the platform. This initiative marks a significant step toward community-driven governance in the crypto space.
Specific Results of Delisted Tokens
- Badger DAO (BADGER)
- Beta Finance (BETA)
- Balancer (BAL)
- Cortex (CTXC)
- Cream Finance (CREAM)
- Aelf (ELF)
- Firo (FIRO)
- NULS (NULS)
- Status (SNT)
- Kava Lend (HARD)
- Prosper (PROS)
- UniLend (UFT)
- TROY (TROY)
- VIDT DAO (VIDT).
Binance will delist the tokens on April 16, 2025, at 03:00 UTC, and cease trading on all spot pairs at that time. After this date, the platform will no longer credit deposits of these tokens and will support withdrawals only until June 9, 2025, at 03:00 UTC.
Out of 103,942 total votes from 24,141 participants, 93,680 were deemed eligible after filtering out 10,262 invalid votes (e.g., from fake accounts or exploitative behaviors). Tokens like TROY (4,985 eligible votes) and SNT (3,533 votes) ranked high in the final tally, reflecting strong community sentiment for their removal, while others, such as BADGER and BAL, also met the delisting threshold based on Binance’s review. Notably, the $FTT token ranked third on the Vote to Delist list with over 10,000 votes but remains firmly on Binance without being delisted.
This indirectly triggered a price surge for FTT immediately following the announcement. The community is now raising questions about Binance’s process and criteria for delisting tokens on the platform.
Some key factors contributing to the final delist decision are the project team’s commitment, development activity, trading volume, liquidity, network stability, community engagement, transparency, and compliance with regulatory standards. Additional considerations involved evidence of unethical conduct, changes in tokenomics, or shifts in project ownership.
About Binance Vote to Delist
Binance Vote to Delist is a new mechanism by Binance in 2025 to enhance community involvement in token listing management. Users holding at least 0.01 BNB can vote to remove tokens from the platform, particularly those in the “Monitoring Zone”—projects flagged for risks like low liquidity or lack of transparency.
While the community plays a key role, Binance retains the final decision after an internal review, ensuring a balance between user input and the platform’s quality standards. This initiative reflects Binance’s commitment to transparency and sustainable growth, empowering users to shape the exchange’s ecosystem.
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