Binance to Delist SNM, SRM, YFII as Prices Experience Decline

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.