Major Exchange Announces Delisting of BOND, DOCK, MDX, and POLS Tokens

2025-12-29 11:41:59
Altcoins
Crypto Ecosystem
Crypto Trading
Web 3.0
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Explore the details of BOND, DOCK, MDX, and POLS token delisting from Gate in July 2024. Discover the rationale behind their removal, important deadlines, and strategies for handling your impacted assets.
Major Exchange Announces Delisting of BOND, DOCK, MDX, and POLS Tokens

Explanation for Token Removal

The platform regularly audits all listed digital assets to ensure they continue to meet industry-leading standards and requirements. If a token no longer meets these standards or fails to adapt to industry changes, the platform will conduct further review and may proceed with delisting. Our top priority is to deliver the best service and protection mechanisms for users, while adapting to the ever-evolving market landscape.

Considerations for Delisting Decisions

When evaluating whether to delist a token, the platform comprehensively reviews the following factors:

  • The project team's commitment
  • The level and quality of development activity
  • Trading volume and liquidity
  • Network stability and security
  • Smart contract stability and security
  • Community engagement and communication
  • Responsiveness to routine due diligence requests
  • Evidence of dishonest, fraudulent, or negligent conduct
  • Emerging regulatory requirements
  • Contribution to a healthy and sustainable digital asset ecosystem

Tokens Delisted

All spot trading pairs for the tokens below were removed and trading ceased on July 21, 2024, at 19:00 UTC:

  • BarnBridge (BOND)
  • Dock (DOCK)
  • Mdex (MDX)
  • Polkastarter (POLS)

Delisted Trading Pairs

The following trading pairs were removed:

  • BOND/BTC and BOND/USDT
  • DOCK/BTC and DOCK/USDT
  • MDX/USDT
  • POLS/USDT

Important Information

After delisting, users should note the following:

Order Handling: When trading is halted, all open orders will be canceled automatically.

Wallet Display: Once a token is delisted, its value will no longer appear in user wallets. To review these assets after trading ends, make sure the "Hide small balances" option is disabled across all wallets.

Deposit Restrictions: Beginning July 22, 2024, at 19:00 UTC, new deposits of these tokens will not be credited to user accounts.

Withdrawal Deadline: The platform will end withdrawal support for these tokens after October 21, 2024, at 19:00 UTC.

Auto Conversion: Starting October 22, 2024, at 19:00 UTC, the platform may automatically convert the delisted tokens to stablecoins for users. Please note that this process is not guaranteed to succeed. A separate notice will be sent before any conversion, and the stablecoins will be credited to the respective platform account after conversion.

Service Adjustments Across Other Platform Features

Wealth Product Services: These tokens will be removed after July 18, 2024, at 19:00 UTC. Users may redeem positions in flexible products ahead of time. Upon maturity, positions will be redeemed automatically, transferred to spot wallets, and accrued earnings will be settled.

Auto-Invest Plans: Removal will occur after July 14, 2024, at 19:00 UTC. Users may delete plans in advance; otherwise, the next cycle will not execute.

Lending Platform: On July 16, 2024, at 19:00 UTC, all MDX positions and VIP loan positions for BOND, DOCK, and POLS will be closed. Users are strongly encouraged to repay loans before this date.

Funding Rate Arbitrage Bot: All arbitrage strategies will close and BOND/USDT positions will be settled automatically on July 16, 2024, at 22:00 UTC.

Margin Trading: The borrowing function for isolated margin pairs will be suspended on July 12, 2024, at 22:00 UTC. On July 17, 2024, at 22:00 UTC, all positions will close, be automatically settled, and open orders will be canceled. Users should close positions or transfer assets to spot wallets before this deadline.

Swap Feature: The sell function will remain available from July 18, 2024, at 19:00 UTC until July 21, 2024, at 18:00 UTC. Tokens will be delisted at 18:00 UTC on July 21, 2024.

Buy/Sell Digital Assets: Delisting occurs on July 18, 2024, at 19:00 UTC.

Gift Cards: Delisting occurs on July 21, 2024, at 19:00 UTC.

Payment Services: Delisting occurs on July 18, 2024, at 19:00 UTC.

Trading Bots: Platform support ends at 19:00 UTC on July 21, 2024.

Special Notes

The USDⓈ-M perpetual contract for BONDUSDT is unaffected; users may continue trading without interruption.

We appreciate your ongoing support. The platform is committed to building a comprehensive blockchain digital asset ecosystem that promotes transparency and sustainable growth.

FAQ

These tokens were delisted due to a significant drop in trading volume and liquidity, as well as sustained weak price performance, which impacted the quality of user services. The platform prioritizes tokens with greater stability and liquidity.

If you hold these delisted tokens, what should you do?

We recommend converting delisted tokens to other assets before the withdrawal deadline. You can sell these tokens on secondary markets or transfer them to external wallets to preserve their value before they become inaccessible.

What are the BOND, DOCK, MDX, and POLS projects, and why were they removed?

BOND is a decentralized finance platform, DOCK is a digital identity platform, MDX is a decentralized exchange, and POLS is a governance platform. They were removed due to declining performance, reduced activity, and evolving regulatory compliance requirements.

Can you still trade or use these tokens elsewhere after delisting?

Yes, you can trade and hold these tokens on other wallets and decentralized platforms. However, liquidity may decrease, and trading could become more challenging and costly. Review your options before proceeding.

How does delisting from the exchange affect the future development of these projects?

Delisting may temporarily reduce liquidity, but strong projects continue to grow via alternative platforms. The focus will shift toward technological innovation and real-world applications, rather than just trading activity.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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