On June 5, 2025, Binance, the world’s largest cryptocurrency exchange by trading volume, announced it extended its Monitoring Tag to four altcoins: Beefy (BIFI), StaFi (FIS), Komodo (KMD), and Measurable Data Token (MDT). This tag signals that these tokens exhibit higher volatility and risk compared to other listed assets and may face delisting pending further evaluation.
Following the announcement, these four altcoins experienced significant price drops, some with double-digit losses, reflecting market concerns about their potential removal from Binance's platform. The Monitoring Tag acts as a warning to traders and investors about possible stability or compliance issues associated with these tokens.
Binance requires users trading these tagged tokens on Spot or Margin platforms to complete a risk awareness quiz every 90 days and accept updated Terms of Use, ensuring informed participation. The exchange will conduct ongoing evaluations based on development activity, trading volume, liquidity, network security, community sentiment, and tokenomics changes.
This measure underscores Binance's commitment to maintaining quality listings and protecting its user base from heightened risks while highlighting the precarious position of BIFI, FIS, KMD, and MDT within the crypto ecosystem.