Binance Delisting of BAKE, HIFI, and SLF

Effective September 17, 2025, at 03:00 UTC, Binance will cease trading for all spot pairs of BAKE, HIFI, and SLF, with Trading Bots services also terminating at the same time. Spot Copy Trading portfolios will delist these tokens on September 10, with unsellable assets moved to Spot Accounts. Deposits end September 18, and withdrawals are supported until November 18. The purpose is to align Binance’s offerings with its standards for liquidity, development activity, and compliance. The significance lies in its impact on token visibility and accessibility, as Binance’s dominance drives market dynamics. Expected effects include sharp price drops, reduced liquidity, and potential challenges for these projects, with broader implications for small-cap tokens in a consolidating market. Delistings often trigger volatility, so traders should manage positions carefully and review official guidance.

Recent News

In July, Binance flagged BAKE, HIFI, and SLF with a Monitoring Tag due to concerns over volatility and compliance, leading to price declines of 5-10%. BAKE, powering BakerySwap’s DeFi platform, saw trading volume drop to $5 million daily by mid-2025. HIFI faced multi-exchange delistings earlier this year, with an 80% annual price decline after governance issues. SLF, recently migrated to a new contract, suffered from leadership turmoil following its CEO’s removal in June over a $50 million OTC scandal. These struggles reflect broader market trends, with 68% of major exchanges delisting underperforming tokens in 2024.

Future Plans

BakerySwap plans to pivot toward NFT integrations and cross-chain DeFi tools to regain traction, though low liquidity remains a hurdle. Hifi Finance aims to rebuild trust through community governance reforms and new lending features by Q1 2026. Self Chain targets recovery with a Q4 multi-chain wallet SDK and AI partnerships to bolster its keyless wallet tech. All three projects face pressure to diversify exchange listings and enhance on-chain activity to survive in a competitive landscape.

Onchain Data

Specific metrics for BAKE, HIFI, and SLF are limited, but market data shows BAKE’s 24-hour volume at $5 million, HIFI’s at $2 million, and SLF’s at $8.1 million, all down significantly from 2024 peaks. SLF’s turnover ratio of 0.88 signals thin liquidity, while BAKE’s 66.4% monthly drop reflects bearish trends.

Community Sentiment

On X, reactions are mixed, with traders expressing concern over price drops and liquidity risks, particularly for SLF due to its governance issues. Some users see opportunity in buying dips, but influencers stress the need for these projects to secure new listings and deliver roadmap goals to recover confidence.

This delisting highlights the challenges small-cap tokens face, urging crypto enthusiasts to stay proactive in managing their portfolios.