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Gate delists 17 token markets and offers capped buybacks after Aug. 19, 2026

Gate delists 17 token markets and offers capped buybacks after Aug. 19, 2026

Gate said 17 tokens will be removed from spot-related services on Aug. 5 after deposits were halted, with a fixed-price buyback application window running Aug. 19-26 and wallet storage remaining available for now.

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Fact Check
Gate's official announcement (article 100896) confirms every element of the claim: 17 tokens delisted, deposits already halted, spot-related services (spot, margin, quant, earn) suspended on 2026-08-05, and a capped buyback window running 2026-08-19 to 2026-08-26 (100 USDT individual cap) after withdrawals and other services are wound down. The only minor imprecision is the claim's framing of the Aug. 5 date as spot removal for '17 token markets' generally, whereas the announcement specifies the suspension of multiple spot-related services on that date; this is consistent, not contradictory. The primary official source fully supports the claim.
    Reference: 12
Summary

Gate said a renewed review found 17 tokens no longer met its trading standards and that related spot services will be removed. The affected markets are SFI_USDT, FRONTIERS_USDT, ZEX_USDT, LKI_USDT, WUSD_USDT, UNA_USDT, DEVVE_USDT, UNCX_USDT, BMEX_USDT, MONKY_USDT, ALMANAK_USDT, HOOLI_USDT, FRAG_USDT, WING_USDT, XLAB_USDT, STARHEROES_USDT and L1_USDT. Deposits have already been suspended, new margin borrowing and collateralized lending will close at 16:00 (UTC+8) on July 30, 2026, and trading and related services will halt at 11:00 (UTC+8) on Aug. 5, 2026. Users still holding the delisted tokens on the platform after Aug. 19, 2026 can apply for a fixed-price buyback through Aug. 26, with compensation capped at 100 USDT per verified user. Gate said users can continue using the platform as a wallet for the delisted tokens for now, while any later wallet-function shutdown and operating details will be announced separately. The exchange also warned it may be unable to provide technical support for issues including transfer abnormalities, token supply increases, and token swaps or replacements. For L1, withdrawals are temporarily unavailable because of on-chain abnormalities and Gate said it has been unable to contact the project team.

Terms & Concepts
  • buyback: A program in which a platform repurchases users' holdings at fixed prices
  • margin trading: Trading with borrowed funds to increase exposure to an asset
  • collateralized lending: Borrowing backed by pledged assets that can be liquidated if requirements are not met