Kraken presents a three-stage delisting timeline: May 29 stop of trading/deposits, August 27 withdrawal window closure, and September 1–5 automatic liquidation contingent on market conditions.

Kraken warns that liquidation outcomes for some assets could be unfavorable due to thin or inactive markets, potentially yielding minimal or zero proceeds for certain holders.

Some assets are in illiquid markets, increasing the risk that holders may receive little or nothing if they don’t withdraw in time.

General withdrawals for the 21 delisted tokens close at 14:00 UTC on August 27, 2026, after which remaining balances are slated for automatic liquidation between September 1 and 5, 2026.

Holders who don’t withdraw by the August 27 deadline will lose control over when their balances are liquidated, as Kraken will execute sales during September 1–5 based on market conditions.

All 21 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; TEER also faces shutdown of operations and on-chain activities.

Liquidation does not apply to ongoing trading for assets beyond TEER, and non-TEER tokens will have a final withdrawal window before Kraken proceeds with exit via liquidation.

The notice emphasizes that withdrawing before the deadline is the only way to avoid exchange-controlled liquidation at potentially deeply discounted prices or zero proceeds.

Because markets may be thin or inactive, proceeds are not guaranteed and could be significantly discounted depending on prevailing conditions.

The liquidation process is limited to residual spot balances and does not involve leveraged positions or margin calls; it is an exchange-managed conversion rather than self-directed exits.

Withdrawals for these assets were closed, preventing users from moving tokens off Kraken; Kraken has not disclosed the sale venue, order types, fees, spreads, or settlement currency.

Twenty-one tokens are affected, including AURA, BIT, BOND, BSX, FARM, GARI, K, KET, KINTO, LOBO, MOON, MV, NYM, RAIIN, RHEA, SAROS, SDN, SPC, SPICE, TEA, and TEER, with some already unavailable for trading since late May.