Binance Delists Flamingo (FLM), Kadena (KDA) and Perpetual Protocol (PERP) on November 12, 2025
Binance removed all FLM, KDA and PERP spot pairs on November 12, 2025. Deposits stopped a day later and withdrawals stay open until January 12, 2026.
Binance announced on October 29, 2025 that it would delist three tokens after its periodic review: Flamingo (FLM), Kadena (KDA) and Perpetual Protocol (PERP). All of their spot pairs stopped trading at 03:00 UTC on November 12, 2025.
Why Binance delists tokens
Binance says it reviews listed assets against a set of factors. These include the team's commitment, development activity, trading volume and liquidity, network security, how openly the project communicates, and whether it responds to due diligence requests. The notice did not say which factors applied to each token.
Key dates
| Item | Time (UTC) |
|---|---|
| Spot Copy Trading removes the pairs | November 5, 2025, 03:00 |
| Spot trading and Trading Bots stop | November 12, 2025, 03:00 |
| Deposits no longer credited | November 13, 2025, 03:00 |
| Withdrawals end | January 12, 2026, 03:00 |
| Possible conversion to stablecoins | after January 13, 2026, 03:00 |
Binance said a conversion of remaining balances into stablecoins was possible but not guaranteed, and that it would post a separate notice first. Futures contracts on these tokens were not part of the spot delisting, though Binance Futures kept the right to change leverage, margin tiers and funding settings.
About the delisted tokens
Flamingo (FLM) is the token of Flamingo Finance, a DeFi platform on the Neo blockchain that offers swaps and other trading tools. Kadena (KDA) is the native coin of the Kadena network, a proof-of-work blockchain that runs several chains in parallel and uses its own smart contract language, Pact.
Perpetual Protocol (PERP) is the governance token of a decentralized perpetual futures exchange that ran on Optimism. Users who still hold any of the three tokens on Binance need to withdraw them to another wallet before the January 12, 2026 deadline.
Source: Official exchange announcement
Binance referral code
Use referral code BIN20 to get 20% off trading fees when you sign up.