Binance to Delist Multiple Margin and Spot Trading Pairs on May 15, Including LSK, ATOM, and XVS

1 hour ago 1 sources neutral

Key takeaways:

  • Binance's removal of USDC pairs signals market's strong preference for USDT as base currency.
  • Delisting AXS/BTC and PYTH/BTC reflects declining appetite for altcoin-Bitcoin direct trading pairs.
  • Watch GMX and ATOM for brief sell pressure from forced position closures, buying opportunity.

Binance, the world’s largest cryptocurrency exchange, will remove a series of cross and isolated margin trading pairs as well as several spot trading pairs from its platform on May 15, 2025. The move is part of the exchange’s regular review of listed pairs to maintain high liquidity and a healthy trading environment.

Margin pairs to be removed: Effective at 6:00 a.m. UTC, five cross margin pairs (LSK/USDC, HEI/USDC, GMX/USDC, BIGTIME/USDC, MAV/USDC) and two isolated margin pairs (HEI/USDC, BIGTIME/USDC) will be delisted. Traders with open positions in these pairs must close them before the deadline to avoid automatic settlement at the prevailing market rate.

Spot pairs to be removed: At 3:00 a.m. UTC on the same day, 11 spot trading pairs will be delisted: ATOM/FDUSD, AXS/BTC, CELO/BTC, GAS/BTC, MANTA/FDUSD, PYTH/BTC, SANTOS/BTC, SIGN/FDUSD, SOPH/FDUSD, XVS/BNB, and XVS/BTC. Users with open orders in these pairs should cancel them manually to prevent unexpected execution, as Binance will automatically cancel all remaining orders after the cutoff.

The affected tokens—including Lisk (LSK), GMX, Cosmos (ATOM), Axie Infinity (AXS), and Venus (XVS)—will remain tradable on Binance through other available pairs, such as USDT or BTC pairings. Delisting a specific pair does not remove the token itself from the exchange.

Binance regularly assesses factors like trading volume, liquidity, and network stability when deciding which pairs to delist. Removing low-activity pairs helps reduce price slippage and liquidation risks for leveraged traders. While the immediate effect may be a temporary liquidity squeeze for the removed pairs, the underlying tokens are unlikely to suffer lasting harm, especially those with active spot markets elsewhere.

The decision underscores the routine nature of exchange maintenance and the importance of liquidity management. Traders are advised to adjust their strategies before May 15 to avoid any disruptions.

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