In brief
- Crypto exchanges are starting to delist the Kadena (KDA) token.
- The company behind the Kadena network said Tuesday that it’s closing down due to market conditions.
- KDA has plunged in price since the announcement, currently down 65% over the last day.
Kadena’s KDA token is being removed from prominent crypto exchanges after the company behind the blockchain announced Tuesday that it is shutting down—and will no longer support the long-running network.
Bybit and OKX both said Wednesday that KDA trading services are starting to be removed from their respective exchanges.
OKX already suspended deposits on KDA and plans to suspend spot trading services on October 26, ahead of removing the trading pairs on October 29. Customer withdrawals for KDA will be disabled on January 22, 2026. Bybit, meanwhile, has ended all lending and borrowing services around KDA and will end perpetual
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Author: Andrew Hayward
