
Jakarta, Pintu News – Binance, the largest crypto exchange by trading volume, has announced the delisting of three altcoins from its platform. The three altcoins are Flamingo (FLM), Kadena , and Perpetual Protocol .
This decision triggered price volatility in all three tokens. However, unlike the common pattern of delisting, which usually leads to price drops, FLM experienced a double-digit price spike after the announcement.
According to an official announcement from Binance, spot trading for all three altcoins – Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP) – will cease on November 12, 2025 at 03:00 UTC.
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Deposits made after November 13, 2025 at 03:00 UTC will not be credited. Meanwhile, withdrawals will be permanently closed after January 12, 2026.
Binance said that, “Spot trading pairs of the mentioned tokens will be deleted. All open trading orders will be automatically canceled after trading is halted for each pair.”
In addition, a number of Binance services are also affected by this decision. Spot Copy Trading for FLM, KDA, and PERP will be stopped on November 5, while margin trading will end on November 4, with lending stopped since October 30. Mining pool services will also end on November 4, and Convert services will no longer be available after November 6.
Meanwhile, futures contracts associated with these three tokens will remain available, although Binance cautions that they may be subject to additional risk management measures. The delisting decision is the result of Binance’s regular review process, which evaluates crypto assets based on various criteria, including team commitment, development activity, trading volume and liquidity, network security, transparency, and regulatory developments.
Binance emphasized that this evaluation is important to maintain the platform’s high standards while adapting to evolving market dynamics.
The market reaction to Binance’s delisting announcement showed a mixed response. KDA experienced a decline of 3.43%, exacerbating the already ongoing downward trend, especially after the Kadena organization announced its withdrawal from the project.
PERP also recorded a decline of 1.37% post-announcement. The token operates on Ethereum’s Layer 2 Optimism network and supports a decentralized perpetual futures exchange.
On the other hand, FLM surprised the market with a 19.7% price surge after the delisting news was released. This increase is unusual as delisting announcements usually trigger massive sell-offs due to decreased liquidity.

However, FLM’s reaction is reminiscent of the case of Alpaca Finance (ALPACA), which surged 71% after Binance removed the token from the platform earlier this year. At the time, ALPACA’s price spike had sparked concerns among analysts and the community regarding potential market manipulation.
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One market watcher wrote, “Binance will delist FLM on November 12, 2025, yet the token is soaring… Big pumps often mean big risks.”
The difference in movement between FLM, KDA, and PERP reflects the unpredictable nature of delisting events. While KDA continues to fall in line with its long-term decline, FLM’s unexpected surge shows that market sentiment and speculative trading can sometimes go beyond logic, even when liquidity risk looms.
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