Binance Announced the First Batch of Vote to Delist Results and Will Delist BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, VIDT on 2025-04-16

2025-04-11 08:31

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Following the Vote to Delist results and completion of the standard delisting due diligence process, Binance will delist BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT and VIDT on 2025-04-16.

The tokens were selected for delisting based on a comprehensive evaluation of multiple factors. Below are the metrics we consider when deciding whether to delist a digital asset:  

  • Vote to Delist results

  • Commitment of team to project

  • Level and quality of development activity

  • Trading volume and liquidity

  • Stability and safety of network from attacks

  • Level of public communication, community engagement, and transparency

  • Responsiveness to our periodic due diligence requests

  • Evidence of unethical/fraudulent conduct or negligence

  • New regulatory requirements

  • Material/unjustified increase in token supply or changes to tokenomics

  • Impact from changes to the project’s ownership structure or to the core team members

  • Community sentiments

Tokens in the first batch of Vote to Delist that were not selected for delisting may still be delisted in the future if they no longer meet our listing requirements.

Raw Results:

  • ​Total votes received: 103,942

  • ​Total participants: 24,141

Community voting results were evaluated after rigorous filtering of ineligible votes and invalid votes. Below is the vote verification process.  

Vote Verification Process

Step 1 - Exclude invalid votes

  • Fraudulent activities (e.g. fake accounts, deceptive practices)

  • Bulk operations (artificial votes via IP/device farming)

  • Exploitative behaviors (tampering with Binance’s code, systems, or APIs)

  • Illegal/harmful actions (fraud, scams, or malicious intent campaigns to attract votes)

To sum up,

  • Total invalid votes filtered: 10,262

  • Remaining authenticated votes: 93,680

Step 2 - Count eligible votes: Users who held 0.01 BNB starting from the voting period. 

Methodology 1:Voters who:

  • Participated at any point during the voting window; and

  • Maintained a minimum balance of ​0.01 BNB throughout the entire voting period.

Methodology 2:Voters who:

  • Participated at any point during the voting window; and

  • Maintained a minimum balance of ​0.01 BNB in their accounts from the snapshot time until the end of the voting period.

Final Voting Results

Ticker

Raw Number of Votes

Method 1

Method 2

Eligible Votes

Ranking

Eligible Votes

Ranking

ALPACA

1,425

1,090

17

1,147

17

ARK

1,984

1,470

11

1,548

11

BADGER

1,540

1,197

12

1,267

12

BAL

1,657

1,204

13

1,281

13

BETA

1,454

1,100

16

1,160

15

CREAM

2,036

1,494

10

1,572

10

CTXC

10,096

2,648

4

3,925

6

ELF

1,403

1,071

18

1,139

18

FIRO

1,410

1,073

15

1,141

16

FTT

10,426

2,931

3

4,117

5

GPS

1,363

1,030

19

1,085

19

HARD

10,971

3,924

6

4,657

7

JASMY

9,494

2,511

7

3,668

4

MBL

1,028

788

22

837

22

NULS

1,252

938

20

991

20

PROS

10,681

3,220

8

4,465

8

SNT

6,393

2,437

2

3,533

2

STPT

1,526

1,179

14

1,256

14

TROY

12,675

4,183

1

4,985

1

UFT

10,345

2,736

5

3,987

3

VIDT

1,175

902

21

951

21

ZEC

3,608

1,765

9

2,455

9

Based on our most recent reviews and the Vote to Delist results, we have decided to delist and cease trading on all spot trading pairs for the following token(s) at 2025-04-16 03:00 (UTC):

  • Badger DAO (BADGER)

  • Balancer (BAL)

  • Beta Finance (BETA)

  • Cream Finance (CREAM)

  • Cortex (CTXC)

  • aelf (ELF)

  • Firo (FIRO)

  • Kava Lend (HARD)

  • NULS (NULS)

  • Prosper (PROS)

  • Status (SNT)

  • TROY (TROY)

  • UniLend (UFT)

  • VIDT DAO (VIDT)

Please note:

  • The delisting schedule may or may not apply to the products listed below, depending on their association with the tokens being delisted.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

Spot

  • The spot trading pair(s) of the aforementioned token(s) will be removed.

  • All trade orders will be automatically removed after trading ceases in each respective trading pair.

  • Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2025-04-16 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.

  • Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2025-04-15 03:00 (UTC) - After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to 2025-04-15 03:00 (UTC) to avoid potential losses.

Accounts

  • The token's valuation will no longer be displayed in users’ accounts after delisting. To view their assets after trading ceases, users should ensure they have not selected “Hide Small Balances” in all of their accounts.

  • Deposits of these token(s) will not be credited to users’ accounts after 2025-04-17 03:00 (UTC)

  • Withdrawals of these token(s) from Binance will not be supported after 2025-06-16 03:00 (UTC).

  • Delisted tokens may be converted into stablecoins on behalf of users after 2025-06-17 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed. A separate notification will be made before the conversion where applicable, and the stablecoins will be credited to users’ Binance accounts after the conversion. 

Futures

  • Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned tokens at 2025-04-14 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the contracts of the aforementioned tokens starting from 2025-04-14 08:30 (UTC). In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the contracts of the aforementioned tokens without further announcement, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. 

Margin

  • Binance Margin will delist the aforementioned token(s) from Cross and Isolated Margin at 2025-04-14 10:00 (UTC). The cross and isolated margin pair(s) of the aforementioned token(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.

    • At 2025-04-09 06:00 (UTC), Binance Margin will suspend isolated margin borrowings on the aforementioned isolated margin pair(s). At 2025-04-14 10:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.

    • At 2025-04-09 06:00 (UTC), Binance Margin will suspend cross margin borrowings on the aforementioned token(s). At 2025-04-14 10:00 (UTC), if users hold both collateral and liabilities of the aforementioned token(s), the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:

      • If users only hold the aforementioned token(s) in the form of collateral

        • If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Accounts, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold

        • If the CML is below 2, the remaining tokens in users’ Cross Margin Accounts that are to be delisted will be fully sold

      • If users only hold the aforementioned token(s) in the form of liabilities:

        • If CML is at or above 2, pending orders will not be affected. 

        • If the CML is below 2, all pending orders in their Cross Margin Accounts will be canceled. 

        • The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.

  • Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Accounts to Spot Accounts prior to the cessation of margin trading at 2025-04-14 10:00 (UTC). Binance will not be responsible for any potential losses.

  • Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Accounts to their Spot Accounts and to top up their margin balance before 2025-04-14 10:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Account. Refer to this FAQ for more information on how any remaining balances of the aforementioned token(s) in Portfolio Margin users’ Margin Accounts will be treated.

Convert

  • Binance Convert will subsequently delist the aforementioned token(s) and all associated pairs at 2025-04-11 09:00 (UTC)

  • Convert Low-Value Assets will delist the token(s) mentioned above at 2025-04-11 09:00 (UTC). Users may choose to convert the low-value assets beforehand. 

Buy & Sell

  • Binance Buy & Sell Crypto will delist the aforementioned token(s) and all associated pairs at 2025-04-09 03:00 (UTC).

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thank you for your support!

Binance Team

2025-04-11

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