Here are some possible reasons why Binance is removing (delisting) the OM token (this is based on Binance’s recent announcement and general patterns for why exchanges delist assets):
🧾 1. Token Conversion / Rebranding
Binance is ending support for the old OM token because it’s being replaced and renamed to a new token called MANTRA (MANTRA). Binance will stop trading OM pairs and introduce MANTRA pairs instead. It will also support an exchange/swap of OM into MANTRA at a fixed ratio.
📉 2. Routine Review & Market Standards
Binance regularly reviews all tokens listed on its platform. If a token no longer meets its quality or listing standards, it may be removed. This often happens because of things like:
Low trading activity or liquidity — not enough people trading the token.
Failure to meet industry or listing requirements — like network stability, development progress, or project transparency.
Even though OM’s official removal is due to rebranding, the background environment for delistings often follows these kinds of criteria.
⚖️ 3. Project Changes / Tokenomics Updates
Sometimes tokens undergo major changes in supply, structure, or tokenomics (how the token works economically). Binance has listed “material/unjustified increases in token supply or changes to tokenomics” as a general reason for delisting assets.
For OM specifically, a lot of its structure was changing because it’s being replaced by the MANTRA token — this fits into that kind of category.
🛡️ 4. Risk Management & Protection
Exchanges sometimes delist or remove tokens to protect users when a token becomes very volatile, risky, or unstable. (This isn’t explicitly stated for OM in the announcement, but past Binance responses have emphasized risk management when tokens have big price crashes or unusual trading behavior.)
📝 What this specifically means for OM
All OM trading pairs (like OM/USDT) will be removed by March 2, 2026.
Binance will support converting OM into its new version (MANTRA).
This isn’t a standard delisting due to failure, but rather part of a token migration/rebranding and token swap process.
