Binance To Delist ICX, SCRT And STORJ On September 3

Binance will remove ICON (ICX), Secret (SCRT) and Storj (STORJ) from all spot markets next month, cutting three long-running altcoins from the exchange after its latest listed-asset review.

The exchange will delist all ICX, SCRT and STORJ spot trading pairs at 03:00 UTC on September 3. Open orders will be removed when trading ends, while deposits will stop being credited on September 4 and withdrawals will remain available until November 3.

Futures And Margin Markets Close First

Binance Futures will close all positions and automatically settle contracts tied to the three tokens at 09:00 UTC on August 26. Traders will be unable to open new futures positions from 08:30 UTC that day.

Margin borrowing stops on August 21, followed by the removal of ICX, SCRT and STORJ from cross, isolated and portfolio margin at 10:00 UTC on August 26. Spot Copy Trading support ends August 27, while Binance Convert removes the tokens shortly before the final spot cutoff on September 3.

The removals extend a wider pruning of Binance’s listed markets. The exchange delisted ALCX, ARDR, NFP and POND in July under the same review framework, which considers trading volume and liquidity, development activity, network stability, team commitment, community engagement and regulatory changes.

ICX, SCRT and STORJ are now small-cap assets despite surviving multiple crypto market cycles. CoinGecko valued ICX at roughly $17.4 million, SCRT at $7.3 million and STORJ at $17.3 million on Thursday.

ICON And Secret Face Major Network Changes

ICON enters the delisting process while its original blockchain approaches retirement. The project has scheduled the ICON Network to shut down on December 31, with ICX holders being directed to migrate before the deadline as activity moves toward the SODA ecosystem.

Binance had already placed ICX under its Monitoring Tag on August 11, a designation reserved for assets facing elevated volatility or a higher risk of eventually failing the exchange’s listing standards.

Secret Network has been navigating a separate battle over its future. SCRT Labs proposed moving SCRT to Arbitrum after concluding that the existing L1 model was no longer sustainable, but the remaining community backed continuation of the Secret L1.

That debate followed the June failure of the Axelar-Secret bridge route, when roughly $4.67 million in bridged assets were drained through a Secret-side ICS-20 contract flaw.

Storj Delisting Lands During Chapter 11 Restructuring

Storj is dealing with a corporate restructuring of its own. Storj Labs filed for Chapter 11 bankruptcy protection in July while continuing to operate its distributed storage network under court supervision.

STORJ’s circulating and total supply both stand at approximately 425 million tokens, giving the asset a fully diluted valuation roughly equal to its $17.3 million market capitalization.