Binance flags 5 tokens as possible delisting risks
Binance added Moonbeam (GLMR), ICON (ICX), Moonriver (MOVR), SuperRare (RARE) and Sophon (SOPH) to its Monitoring Tag list on Aug. 11 after its latest project reviews.
- Binance added five tokens to its Monitoring Tag list after completing its latest periodic reviews.
- GLMR, ICX, MOVR, RARE and SOPH now face closer scrutiny and potential future delisting risks.
- Moonriver fell roughly 21% in 24 hours while Moonbeam dropped about 13% following Binance’s announcement.
- Binance said related services remain unaffected and gave no specific reasons for adding individual tokens.
- Moonbeam and Moonriver announced Base migrations in July, while ICON plans its December 31 shutdown.
The designation places all five tokens under closer scrutiny and signals possible future delisting if they stop meeting the exchange’s listing standards, according to its announcement.
The exchange said the move does not remove any of the tokens from trading and will not affect other related services. Binance did not provide a specific reason for adding each project. The notice was also updated later on Aug. 11 to revise information concerning the Monitoring Tag quiz.
Binance Monitoring Tags do not mean immediate delisting
The exchange uses the Monitoring Tag for assets it considers more volatile or risky than other listed tokens. Its reviews examine team commitment, development activity, trading volume, liquidity, network security, smart contract stability, public communication, due diligence responses, token supply changes and evidence of misconduct.
The exchange said tagged tokens are “at risk of no longer meeting our listing criteria and being delisted.” However, the tag itself is not a delisting decision, and Binance gave no date for its next review. As previously reported, the exchange placed ACX, LSK and STX under closer review on July 24.
The tag appears on corresponding Spot and Margin trading pages and the Markets Overview page, alongside a risk warning banner. The exchange has not published a numerical threshold for individual review factors, so the announcement does not establish which criterion prompted each addition or how close any token may be to removal.
GLMR and MOVR lead losses after the announcement
Market data showed a mostly negative reaction on Aug. 12. Moonriver traded near $0.90, down about 20.7% over 24 hours, while Moonbeam fell about 12.9%. SuperRare declined around 8.3% and ICON lost roughly 5.1%. Sophon was up about 0.8% over the same rolling period.
Trading activity also increased for several assets. CoinGecko showed Moonriver’s 24 hour volume rising more than 600% from one day earlier, while ICON volume increased more than 300%. The figures show higher trading activity but do not establish that the exchange’s decision alone caused the moves.
Recent project changes add context to Binance review
Two of the tagged assets recently underwent major network changes. Moonbeam’s update announced a 1:1 migration of GLMR from its Polkadot parachain to Base with a July 31 deadline. Moonriver separately announced a 1:1 MOVR migration from its Kusama based network to Base with the same deadline. Binance did not say either change prompted its decision.
ICON is also winding down its legacy blockchain. The ICON Foundation’s notice says the network will permanently halt on Dec. 31, 2026, which is also the final deadline to migrate ICX to SODA.
Other projects have their own histories. In related coverage, SuperRare lost about $730,000 in a staking contract exploit in July 2025. Sophon, meanwhile, entered spot trading in May 2025 alongside its token generation event. Binance did not connect either development to the new designation.
What happens next for the five tokens
GLMR, ICX, MOVR, RARE and SOPH remain available under the services covered by Binance’s announcement. The exchange will continue periodic reviews and may remove the tag if conditions change or delist an asset if it decides the token no longer meets its standards.
The latest additions follow several recent listing reviews. As previously reported, four of six assets scheduled for Aug. 17 removal had earlier risk warnings, including ACX, which received its tag on July 24. That history shows a Monitoring Tag can precede removal, although it does not guarantee that outcome.
For holders of the five newly tagged assets, the next concrete development would be another Binance review or a separate notice changing their listing status. The exchange has not announced a timetable for another assessment or a delisting decision.
