Binance to end MANTRA (OM) ERC20 deposits and ERC20/BEP20 withdrawals on Sept 26, 2025. Users risk asset loss if depositing OM via unsupported networks
Tech
Binance Ends MANTRA (OM) ERC20, BEP20 Support
Binance will disable MANTRA (OM) ERC20 deposits and ERC20/BEP20 withdrawals on September 26, raising the risk of permanent asset loss for users who continue sending tokens over unsupported networks.
Key Deadline and Restrictions
Starting September 26, 2025, at 03:00 UTC, Binance will no longer credit MANTRA (OM) deposits made through Ethereums ERC20 network. Withdrawals via both ERC20 and BNB Smart Chain (BEP20) will also be disabled at the same time.
The exchange warned that deposits sent to ERC20 addresses after the cutoff will not be credited and may result in a permanent loss of funds. Users will need to rely on alternative supported networks for transfers after the deadline.
Linked to Ongoing Risk Management Moves
The latest update comes shortly after Binance Futures announced the delisting of the USDⓈ-M BSWUSDT perpetual contract. That product was closed on September 15, 2025, at 09:00 UTC, following automatic settlement of all remaining positions.
Binance said the OM network changes are part of broader risk management measures. These include possible adjustments to leverage caps, margin requirements, and funding rates during volatile periods. The exchange also reminded users that its English-language notices remain the official reference, even if translations differ.
Why It Matters for Traders
For OM holders, the change directly impacts liquidity and transfer flexibility. Unsupported network deposits will be lost, making it critical for traders and institutions to shift to approved rails before the cutoff.
The move underscores Binances tightening of operational controls, coming as the exchange continues to prune assets, networks, and contracts that no longer meet liquidity or compliance thresholds.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
8.98
0.00