Binance Delists BAKE, HIFI, SLF, Triggers Price Plunge

Published: 2025-09-03 04:59:03 |

Binance delists BakeryToken (BAKE), Hifi Finance (HIFI) and Self Chain (SLF) following its September 3, 2025 announcement. All spot trading pairs were removed at 03:00 UTC on September 17. Withdrawal support for BAKE, HIFI and SLF ends at 03:00 UTC on November 17; from November 18, Binance will automatically convert any remaining balances into stablecoins. After Binance delists these tokens, their prices plunged sharply across markets. Traders should review and close positions before deadlines to avoid forced liquidations. Reduced liquidity and heightened volatility are expected. This update reflects Binance’s ongoing asset management strategy and commitment to strict listing standards in spot trading.

Bearish

Binance’s decision to delist BAKE, HIFI and SLF removes their spot trading pairs and limits withdrawal windows, directly reducing market liquidity for these tokens. The announcement triggered immediate price drops as traders rushed to close positions before the November 17 deadline. In the short term, forced conversions and decreased demand will likely keep downward pressure on BAKE, HIFI and SLF. Over the longer term, removal from a leading exchange undermines confidence and access, sustaining bearish sentiment unless tokens secure new listings or regain sufficient trading volume elsewhere.