Binance said it will remove ATA, FARM, MLN, PHB and SYS from its spot trading platform, with trading set to end at 03:00 UTC on May 27, 2026. The exchange announced the move on May 13, 2026, leaving holders less than two weeks to decide whether to sell, convert, or withdraw.
The five affected tokens are Automata (ATA), Harvest Finance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS). Price action split right after the announcement. MLN fell 18%, while FARM dropped 5%. ATA was listed at $0.00633, PHB rose 10% to $0.82, and SYS gained 11%. The market reaction was uneven, but the exchange’s timetable was not.
Service shutdowns begin before spot trading ends
The delisting goes beyond spot pairs. May 14 marked the closure of margin borrowing. On May 19 at 03:00 UTC, Binance Pool will stop mining support for the affected assets. Later that day, all loans will auto-close at 07:00, no new futures positions will be allowed from 08:30, futures will auto-settle at 09:00, and cross as well as isolated margin services will end at 10:00.
On May 20 at 03:00 UTC, copy trading positions tied to these assets will be force-sold. At 07:00, Simple Earn products will be automatically redeemed into spot accounts. The low-value asset convert function will stop at 02:00 on May 26, Binance Convert will shut down at 02:00 on May 27, and spot trading will end one hour later, with all open orders cancelled.
Monitoring Tag status pointed to growing pressure
Three of the five tokens — FARM, MLN and SYS — had already been placed on Binance’s Monitoring Tag list in April 2026. According to the source material, Binance reviews listed assets against factors including team commitment, development activity, trading volume, liquidity, network security, public communication, community engagement, and possible regulatory concerns.
ATA and PHB were not described in the material as having previously joined that warning list, but they were included in the final delisting group. For holders, that usually means trading support tightens quickly. Liquidity can thin out fast once an asset loses access to a major exchange order book.
Deposit, withdrawal and conversion deadlines
From May 28, deposits of the affected tokens will no longer be credited. July 27, 2026 is the final day to withdraw them from the platform. The source also notes that after July 28, conversion into stablecoins may be available, though it is not guaranteed.
Based on Binance’s published schedule, holders still keeping these assets on the exchange can withdraw to a personal wallet before the deadline, move them to another platform that still supports trading, or use Convert before 02:00 UTC on May 27, 2026. The review is complete and the exchange has made its decision; what happens next for these projects depends on their own teams and communities.