Kraken Sets Aug. 27 Withdrawal Deadline for 21 Delisted Tokens Before Automatic Liquidation

Kraken clients holding any of the 21 delisted tokens must withdraw their balances by 14:00 UTC on Aug. 27, when the exchange's general withdrawal window closes. Any remaining holdings after that deadline will be subject to automatic liquidation by the exchange.

According to Kraken's delisting notice, the exchange intends to liquidate leftover balances between Sept. 1 and Sept. 5, executing sales based on prevailing market conditions during that window. This process removes holders' ability to control the timing of their asset sales, and the outcome could leave some users with little or no value—Kraken has cautioned that several of the affected tokens currently have limited or entirely inactive markets.

The delisting is part of a broader industry pattern in which major exchanges periodically remove tokens that no longer meet listing standards, often due to deteriorating liquidity, project inactivity, or compliance considerations. For holders of tokens that still maintain active markets on other centralized exchanges or decentralized platforms, withdrawing before the deadline preserves the option to trade or hold elsewhere. For tokens with little external market presence, however, the withdrawal window may represent one of the last opportunities to move assets to a self-custody wallet regardless of near-term tradability.

The 21 Affected Tokens

The delisted assets are: AURA, BIT, BOND, BSX, FARM, GARI, K, KET, KINTO, LOBO, MOON, MV, NYM, RAIIN, RHEA, SAROS, SDN, SPC, SPICE, TEA, and TEER.

Kraken's Three-Stage Delisting Timeline

Kraken has structured the delisting across three key phases:

May 29 at 14:00 UTC — Trading and deposits were halted. Some assets were already unavailable for trading at that point, but Kraken confirmed that all subsequent delisting dates remained in effect.

Aug. 27 at 14:00 UTC — The general withdrawal window closes. After this cutoff, Kraken will disable withdrawals for all affected tokens.

Sept. 1–5 — Kraken will automatically liquidate any remaining balances, with execution timing and pricing dependent on market conditions during this period.

The Aug. 27 deadline applies to withdrawals, not to a new trading suspension. For all tokens except TEER, this represents the final opportunity for holders to move their assets off the exchange before Kraken assumes control of the liquidation process.

Special Constraint for TEER Holders

TEER holders face an additional restriction. Kraken stated that the project behind the token has ceased operations, meaning on-chain transactions will no longer process. The exchange has paused both trading and funding for TEER and indicated those functions will remain suspended. This makes TEER effectively unwithdrawable in practice, as no functioning on-chain destination exists for transferred balances.

Liquidation Risks and Outcomes

Kraken has not guaranteed a specific execution time or price during the five-day liquidation window. The exchange noted that several—though not all—of the delisted tokens suffer from limited or inactive markets. Liquidation prices could fall significantly below recent reference prices, and in cases where liquidity is insufficient at the time of execution, some liquidations may yield minimal or no proceeds.

This warning represents a risk assessment rather than a definitive forecast for every account. Actual outcomes will depend on the market conditions and available liquidity at the time Kraken executes each liquidation.

The delisting notice applies to all clients holding the named assets and is not restricted to any particular jurisdiction. However, general disclosures on Kraken's page indicate that geographic restrictions may apply.

For holders who are able to withdraw, Aug. 27 marks the last opportunity to control the timing and terms of their exit. Once the cutoff passes, Kraken will determine when remaining balances are liquidated within the Sept. 1–5 window, and market liquidity will dictate the proceeds from those sales. Holders uncertain about whether a given token remains tradable on other platforms can verify current listings and liquidity before deciding whether to withdraw or allow liquidation to proceed.