Binance just announced they’re delisting Flamingo, Kadena, and Perpetual Protocol in November, and the market reaction was all over the place. Spot trading for all three ends on November 12th, with deposits stopping the next day and withdrawals getting cut off by January 12th, 2026.
Usually when Binance delists a coin, it tanks hard because everyone knows liquidity’s about to disappear. Kadena and Perpetual Protocol did exactly what you’d expect: KDA dropped 3.43%, while PERP fell 1.37% as traders started heading for the exits.
But Flamingo did something weird. FLM actually jumped 19.7% after the delisting announcement, which makes zero sense on the surface. This kind of thing happened before, though; earlier this year Alpaca Finance surged 71% after getting delisted, which raised serious concerns about market manipulation.
One market watcher posted, “Binance will delist FLM on Nov 12, 2025, yet the token spiked… Big pumps often mean big risk,” basically warning people that this could be a pump and dump situation.
Binance said they periodically review coins against criteria like team commitment, development activity, trading volume, liquidity, network security, and regulatory stuff. When tokens don’t meet standards anymore, they get cut. Several Binance services are getting shut down for these coins too; spot copy trading ends November 5th, margin trading wraps up November 4th, and mining pool services stop the same day.
Conclusion
Binance announced the November 12th delisting of FLM, KDA, and PERP with mixed reactions as Flamingo surged 19.7%, while Kadena and Perpetual Protocol declined amid manipulation concerns.
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