Binance will remove spot trading pairs for Alchemix (ALCX), Ardor (ARDR), NFPrompt Token (NFP), and Marlin (POND) on July 10. The exchange said the decision was made as part of its periodic review process, citing factors such as development activity, trading volume, network security, and team transparency that no longer meet its standards.
The process will not end in a single day, it will move forward in stages. Margin borrowing will be suspended on June 27, spot copy trading will be closed on July 3, and futures positions will be automatically settled on July 2. Spot trading pairs will be fully removed on July 10 at 06:00 TRT. Binance is leaving a wider window for withdrawals: users will be able to withdraw these tokens until September 9. After that, remaining balances may be converted into stablecoins where possible, but Binance specifically states that this is not guaranteed.
How were prices affected?
Looking at the recent price movements of the tokens, the picture differs significantly from one asset to another.
Alchemix (ALCX) is currently trading at $3.21, down 13% on the day. Its weekly decline is approaching 20%, while the token is down more than 30% on a monthly basis. For a protocol known in DeFi for its self-repaying loan mechanism, this has been a difficult week both in terms of price action and the exchange decision.
NFPrompt (NFP) saw the sharpest reaction to the announcement. Its price fell to $0.0068, with a 24-hour loss of 18.70%. The chart clearly shows a steep drop around the time the news was released; markets usually react this way to delisting announcements.
Marlin (POND) is trading around $0.0012, with its daily loss approaching 15%. On a weekly basis, the token is also down more than 25%.
Ardor (ARDR) recorded the smallest decline among the four tokens. Its price fell to $0.0232, with a 24-hour loss of 6.23%. The weekly decline stands at 14.55%, while the monthly drop has reached 36.83%; the chart has been showing an uninterrupted downtrend for the past month.
On the practical side for users, new futures positions will no longer be allowed after July 2 at 11:30 TRT, while existing positions will be automatically closed at 09:00. The margin account process is slightly more complex. Users holding the token as collateral with a collateral margin level (CML) above 2 will have their assets transferred to their spot accounts. If the CML is below 2, the remaining balance will be sold directly. For users with outstanding debt, the system will sell other collateral assets and close the debt automatically.
Balances in flexible and locked earn products will be automatically redeemed and transferred to spot accounts on July 3, while mining pool support will end on July 2. As usual, Binance recommends turning off the “hide small balances” setting, otherwise the tokens may not be visible in accounts after the delisting.
