Official Announcement: Binance will halt trading and delist the following tokens on August 22nd at 11:00 AM (GMT+8): Sonm (SNM), Serum (SRM), DFI.Money (YFII). Please take note of the following details:
Trading pairs to be removed: SNM/BTC, SNM/BUSD, SRM/BUSD, YFII/USDT.
All open orders will be automatically canceled after trading is halted.
After trading stops, kindly unhide any small assets to view the mentioned tokens.
Token deposit services for the aforementioned tokens will be terminated on August 23rd, 2023 at 11:00 AM (GMT+8), and any deposits made after this time will not be credited.
Users can make withdrawals until November 22nd, 2023 at 11:00 AM (GMT+8), after which withdrawals will be closed.
Delisted tokens, if applicable, will be converted to stablecoins and distributed to users' Binance accounts after November 22nd, 2023 at 11:00 AM (GMT+8).
Following the delisting news, the prices of the three tokens have begun to decline. Market data shows a 13.61% drop for YFII to 632 USDT, a 13.25% drop for SRM to 0.06 USDT, and a 5.92% drop for SNM.
Note: All times mentioned are in GMT+8.