Binance has announced it will delist 14 tokens—including BADGER, BAL, and CREAM—following the conclusion of its first-ever “Vote to Delist” initiative, a novel experiment in community governance. The decision came after over 93,000 validated votes were cast, reflecting a shift toward participatory decision-making at the exchange.
The voting process, held over a week, allowed verified Binance users to weigh in on whether underperforming or low-liquidity tokens should remain on the platform. Tokens with high volatility, low trading volumes, or ongoing project concerns were among the candidates nominated for delisting.
Among the tokens set for removal are legacy DeFi names that once enjoyed high popularity during the 2020-2021 bull market but have since seen reduced developer activity and declining investor interest. “The delisting is part of our ongoing effort to maintain high standards and protect our users,” Binance said in a statement.
Some users welcomed the move, citing improved transparency and a proactive approach to curating token listings. Others raised concerns about whether smaller communities had enough visibility or voting power to defend their projects. Nonetheless, Binance stressed that projects are free to reapply for listing once they show renewed momentum and compliance.
This initiative is the latest step in Binance’s strategy to rebuild community trust and decentralize certain decision-making processes after facing regulatory pressures in various jurisdictions. The exchange has also implemented regular asset audits and mandatory disclosure updates from project teams.
While the delisting may spark short-term price volatility for affected tokens, analysts say the move could improve overall liquidity and market integrity on the platform. “This is part of Binance maturing into a more robust, user-focused exchange,” said a research analyst at Kaiko.
Shogun Lin
