Binance will delist four cryptocurrencies, Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING), with spot trading ending on May 2, 2025, and withdrawals closing on July 4. The move follows what the exchange described as a routine asset review, and market reaction was sharply divided, with ALPACA surging while the other three tokens fell.
Binance Sets May 2 Spot Delisting for 4 Tokens
Binance announced on April 24, 2025 that it would remove ALPACA, PDA, VIB, and WING from its platform. Spot trading on all pairs involving the four tokens will cease at 2025-05-02 03:00 (UTC). For related coverage, see ETHWomen Returns to Toronto, Bringing Together Women Building the Future of Web3 and AI.
The exchange did not cite a specific regulatory enforcement action or name a particular regulator. Instead, Binance framed the decision as part of its standard review process, noting that “when a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it.” For related coverage, see Polymarket to Refund Users After Reported $3 Million Frontend Attack.
Binance’s delisting criteria include factors such as trading volume, development activity, project transparency, and responsiveness to due diligence requests. The exchange has previously removed trading pairs when assets no longer met its listing standards.
Futures, Deposits, and Withdrawals Close on a Staggered Schedule
The delisting is not a single event. Binance laid out a staggered offboarding timeline across multiple product lines, giving holders and traders a series of deadlines to manage positions.
The first product affected was Buy & Sell, where the four tokens were removed on April 25, 2025, at 03:00 UTC. Binance Futures will close all open positions and automatically settle contracts tied to the tokens at April 30, 2025, 09:00 UTC, with new position openings blocked 30 minutes earlier at 08:30 UTC.
Binance Pay support ends on April 30, 2025, at 03:00 UTC. Spot Copy Trading will delist the tokens on May 1, 2025, at 03:00 UTC, one day before the main spot trading halt on May 2.
After trading ends, deposits of ALPACA, PDA, VIB, and WING will not be credited after May 3, 2025, at 03:00 UTC. Withdrawals remain available significantly longer, with the cutoff set for July 4, 2025, at 03:00 UTC, giving holders roughly two months to move tokens off the exchange.
The gap between the trading halt and the withdrawal deadline is a critical distinction for holders. Tokens left on Binance after the July 4 withdrawal cutoff may be converted or lost, so affected users need to plan exits well before that date. Binance’s approach mirrors broader operational adjustments the exchange has made as it navigates evolving market and regulatory conditions.
ALPACA Jumps 71.3% While WING, VIB, and PDA Fall
Market reaction to the delisting notice was unusually split. According to BeInCrypto reporting, ALPACA surged 71.3% after the announcement, while the other three tokens dropped sharply: WING fell 31.8%, VIB fell 29.7%, and PDA declined 17.0%.
The ALPACA spike ran counter to the typical pattern where delisting announcements trigger immediate sell-offs. According to an unconfirmed report cited by BeInCrypto, an analyst attributed the ALPACA squeeze to heavy manipulation, though no independent evidence was provided to support that claim.
At the time of the latest available data, the four tokens were trading at depressed levels. ALPACA sat at $0.00055205, PDA at $0.00075055, VIB at $0.00009995, and WING at $0.01021648. These prices reflect continued weakness well after the initial announcement shock.
The broader market backdrop added pressure. The crypto Fear & Greed Index registered at 13, firmly in “Extreme Fear” territory, suggesting that risk appetite across digital assets was already low when the delisting hit.
Binance’s delisting follows a pattern of periodic asset reviews by major exchanges. For holders of the four tokens still on the platform, the July 4 UTC withdrawal deadline is the last actionable date to retrieve funds.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
