KDA slumps 40% after Binance confirms delisting of Kadena from all spot pairs

While the broader crypto market braces for breakouts, the Kadena (KDA) ecosystem took another turn for the worse.

A week after the L1 network declared it would cease all operations due to market uncertainty, the leading cryptocurrency exchange, Binance, revealed it would remove the token.  

According to today’s announcement, Binance will delist Kadena, along with Perpetual Protocol (PERP) and Flamingo (FLM), from all spot pairs on November 12, 2025.

The move is part of the trading platform’s regular review to ensure all available projects are healthy by satisfying conditions like liquidity, ethical, and operational standards. The official blog read:

When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it.