Binance announced the removal of six tokens from its platform, effective August 17. Across Protocol (ACX), Hashflow (HFT), PIVX, Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC) failed to meet the exchange’s updated listing standards following a routine review.
The decision triggered swift market reactions. PIVX saw the steepest plunge, tumbling over 19% shortly after the announcement. PYR dropped by around 18%, while Hashflow fell to a record low near $0.007, losing more than 11%. VIC and ACX also dipped by double digits and mid-single digits respectively. Vanar was the exception, gaining 8%, despite Binance’s refusal to support its contract swap, shifting the burden of token migration onto holders.
Binance’s delisting process involves tagging tokens with a Monitoring label before final removal. Each of these six tokens carried that label, signaling increased scrutiny. VIC received it back in April, HFT followed in May, and PIVX was flagged in June. PYR and VANRY joined in early July, with ACX marked just 10 days before delisting the quickest turnaround recorded. This pattern raises concerns for other tokens recently tagged, such as Lisk and Stacks.
Removing tokens from the world's largest exchange significantly impacts liquidity and trading activity, often leading to price declines as holders rush to exit. Binance Futures contracts for these assets will settle by August 7. Deposits will be disabled after August 18, and withdrawals will close October 17. These steps tighten deadlines for investors to act.
Binance cited several factors in its decision, including the projects’ development progress, team engagement, trading volumes, and security posture. Regulatory shifts and tokenomics changes also influenced the review. The exchange emphasized its commitment to maintaining solid listing standards amid evolving market conditions.
This content is for informational purposes only and does not constitute financial advice.
