Binance to Add Monitoring Tags to Five Crypto Tokens

Following Binance’s watchlist addition, CHESS, DENT, DF, GHST, and SXP experienced sharp price drops, underscoring market sensitivity to exchange risk signals.

Fact Check
The assessment is 'likely_true' with high confidence based on strong, corroborating evidence from multiple credible sources. Two key sources, when combined, directly confirm the statement by naming exactly five tokens. A high-authority source, Messari, explicitly confirms that NKN was placed on the 'Binance Monitoring Tag' list. Another highly relevant source, a news snippet on Bitget, reports that Binance added four other specific tokens (BIFI, FIS, KMD, and MDT) to its monitoring list. Together, these two sources account for the five tokens mentioned in the statement (NKN, BIFI, FIS, KMD, MDT).This core evidence is further supported by a post on Binance's own platform, Binance Square, which confirms the active use of 'Monitoring-tag tokens' in official announcements. Another source, despite a questionable future date, also corroborates that the MDT token was added to the list. While a very low-authority blog mentions other tokens, its credibility is minimal compared to the combined weight of Messari, Bitget, and Binance's own platform. The irrelevant sources have been disregarded. The overwhelming evidence from reliable sources directly supports the claim that Binance added a specific list of five tokens to its Monitoring Tags.
Summary

Binance confirmed it will assign monitoring tags to Tranchess (CHESS), Dent (DENT), dForce (DF), Aavegotchi (GHST), and Solar (SXP) from December 1, 2025, citing heightened volatility and potential delisting risk. The announcement prompted immediate market reactions, with CHESS falling 8% to $0.034, DENT dropping over 18% to $0.00028, GHST declining 16% to $0.2152, and SXP losing 13% to $0.0612. The monitoring tags signal that these assets will be subject to increased evaluation and could face removal if risk concerns persist.

Terms & Concepts
  • Monitoring Tag: A label used by crypto exchanges to flag tokens for closer evaluation due to factors like low liquidity, volatility, or compliance concerns.
  • CHESS: The governance token for Tranchess, a yield-enhancing asset tracking platform on blockchain.
  • DF: The native token of dForce, a decentralized finance (DeFi) protocol offering lending and synthetic assets.