Binance to Delist Five Altcoins; Syscoin Drops 33.8%

Binance will remove Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB) and Syscoin (SYS) from spot trading at 03:00 UTC on May 27, 2026. Price moves on Binance spot markets followed the announcement: Syscoin fell 33.77%, Automata slid 33.33%, Phoenix lost 31.58%, Enzyme dropped 27.71% and Harvest Finance declined 23.33%.

The exchange said it will “delist and cease trading on all spot trading pairs” for the tokens at 03:00 UTC on May 27. All open orders tied to those pairs will be canceled automatically and trading bots connected to the pairs will stop. Deposits for the affected tokens will be closed at 03:00 UTC on May 28, and withdrawals will remain available until 03:00 UTC on July 27, 2026.

Binance Futures will close positions and settle relevant contracts at 09:00 UTC on May 19. Margin and loan products tied to the tokens will be wound down ahead of the spot delisting.

Binance’s review compares listed assets against public metrics including trading volume, liquidity, development activity, team commitment and regulatory factors. In April, the exchange added a Monitoring Tag to Harvest Finance, Enzyme and Syscoin.

The company added that “Delisted tokens may be converted into stablecoins on behalf of users after 2026-07-28 03:00 (UTC). Please note that the conversion of delisted tokens into stablecoins is not guaranteed.” A separate notification will be issued before any conversion and any credited stablecoins would appear in users’ Binance accounts after the conversion.

Users holding the affected tokens on Binance must withdraw them before July 27, 2026 or await any possible conversion after July 28, 2026.