Binance will remove ICON (ICX), Secret (SCRT) and Storj (STORJ) from all of its spot markets on September 3, cutting three long-running altcoins from the exchange following its latest listed-asset review.

The exchange will delist every ICX, SCRT and STORJ spot trading pair at 03:00 UTC on September 3. Open orders will be removed automatically when trading ends. New deposits will stop being credited at 03:00 UTC on September 4, and withdrawals will remain available until 03:00 UTC on November 3.

Futures and Margin Markets Close First

Binance Futures will close all positions and automatically settle contracts tied to the three tokens at 09:00 UTC on August 26. Traders will be unable to open new futures positions from 08:30 UTC on that day.

Margin borrowing stops on August 21, followed by the removal of ICX, SCRT and STORJ from cross, isolated and portfolio margin at 10:00 UTC on August 26. Spot Copy Trading support ends on August 27, while Binance Convert will remove the tokens shortly before the final spot cutoff on September 3.

The removals extend a wider pruning of Binance's listed markets. The exchange delisted ALCX, ARDR, NFP and POND in July under the same review framework, which considers trading volume and liquidity, development activity, network stability, team commitment, community engagement and regulatory changes.

ICX, SCRT and STORJ are now small-cap assets despite having survived multiple crypto market cycles. On Thursday, CoinGecko valued ICX at roughly $17.4 million, SCRT at $7.3 million and STORJ at $17.3 million.

ICON and Secret Face Major Network Changes

ICON enters the delisting process while its original blockchain approaches retirement. The project has scheduled the ICON Network to shut down on December 31, with ICX holders directed to migrate before the deadline as activity moves toward the SODA ecosystem.

Binance had already placed ICX under its Monitoring Tag on August 11, a designation reserved for assets facing elevated volatility or a higher risk of eventually failing the exchange's listing standards.

Secret Network has been navigating a separate battle over its future. SCRT Labs proposed moving SCRT to Arbitrum after concluding that the existing L1 model was no longer sustainable, but the remaining community backed continuation of the Secret L1.

That debate followed the June failure of the Axelar-Secret bridge route, when roughly $4.67 million in bridged assets were drained through a Secret-side ICS-20 contract flaw.

Storj Delisting Lands During Chapter 11 Restructuring

Storj is dealing with a corporate restructuring of its own. Storj Labs filed for Chapter 11 bankruptcy protection in July while continuing to operate its distributed storage network under court supervision.

STORJ's circulating and total supply both stand at approximately 425 million tokens, giving the asset a fully diluted valuation roughly equal to its $17.3 million market capitalization.

Following the spot delisting, Binance will stop crediting new deposits of the three tokens at 03:00 UTC on September 4, while withdrawals will remain available until 03:00 UTC on November 3.