Binance, the largest cryptocurrency exchange by volume, has announced that it will Delisting three altcoins. These include Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP).
The decision caused price volatility for all three Token, however FLM saw a strong double-digit surge following the announcement, bucking the usual sell-off trend seen following Delisting.
Binance Delisting Details and Timeline
According to the official announcement from Binance,Spot Trading for FLM, KDA, and PERP will cease on November 12, 2025, at 03:00 UTC. Deposits after November 13, 2025, at 03:00 UTC will not be recorded. Finally, withdrawals will not be available after January 12, 2026.
“The Spot Trading pairs of the mentioned Token will be removed. All trading orders will be automatically removed after trading ceases in each respective trading pair,” Binance noted .
Furthermore, someBinance services will also be affected by the Delisting. Spot Trading for these altcoins will end on November 5.
Meanwhile, margin trading will end on November 4, with borrowing suspended from October 30. Mining services will stop on November 4. Additionally, Convert services will be unavailable after November 6.
Futures Contract related to FLM, KDA, and PERP will still be available. However, Binance said they may be subject to additional risk management measures.
This decision follows the exchange’s regular review process, which evaluates listed assets based on a variety of criteria. These include team commitment, development activity, volume, liquidation, cybersecurity, transparency, and regulatory developments. This approach allows Binance to maintain listing standards while responding to changing market conditions.
“At Binance, we periodically XEM each digital asset we list to ensure it continues to meet our high standards and industry requirements. When a coin or Token no longer meets these standards or the industry landscape changes, we conduct a deeper XEM and may Delisting it. Our priority is to ensure the best service and protection for our users while continuing to adapt to evolving market dynamics,” the exchange added.
Altcoins React to Binance's Latest Delisting
Market reaction to the Delisting announcement was mixed. KDA, which was already facing market difficulties due to the Kadena organization's withdrawal, fell 3.43%, deepening the ongoing decline.
PERP fell 1.37% on the news. The Token operates on Ethereum's Layer 2 Optimism network, which powers a decentralized perpetual Futures Contract .
Price performance of FLM, KDA, and PERP after Binance Delisting. Source: TradingViewMeanwhile, FLM surprised the market by rising 19.7% following the Delisting announcement. This price increase stands out because Delisting announcements often trigger sharp sell-offs as liquidation dries up.
However, this reaction mirrors the case of Alpaca Finance (ALPACA), which surged 71% after Binance Delisting it earlier this year. At that time, the coin's price surge raised concerns about market manipulation among analysts and the community.
“Binance will Delisting FLM on November 12, 2025, but the Token has surged… Big rallies often come with big risks,” one market Watcher posted .
The difference between FLM, KDA, and PERP highlights the unpredictability of Delisting events. While KDA 's collapse deepened an ongoing decline, FLM's sudden surge reflects how market sentiment and speculative trading can go against expectations, even when liquidation risks are present.
