Coinbase to Delist GAL, LIT, DAR, ORN, PRQ Amid Token Upgrades

Coinbase has announced the delisting of five cryptocurrencies—Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ)—following its latest asset review. The decision, shared via a post on X, is part of the exchange’s ongoing effort to ensure that listed tokens meet its compliance and performance standards. Trading for these tokens will be suspended on May 16, 2025, at approximately 2 p.m. ET across Coinbase’s platforms, including Simple and Advanced Trade, Coinbase Exchange, and Coinbase Prime.

According to Coinbase, the delisted tokens no longer meet listing requirements due to the release of new versions, making the original iterations obsolete. In preparation for the suspension, order books for these tokens have been shifted to limit-only mode, where users can place and cancel limit orders, with potential order matching.

This follows an earlier decision to delist Movement (MOVE), with trading suspension scheduled for May 15, 2025. Coinbase emphasized that such reviews are routine and essential for maintaining a secure and high-integrity trading environment.

In contrast, Coinbase continues to expand listings. Recently, Mantle (MANTLE), an ERC-20 token, and Worldcoin (WLD) on the Optimism network became available for trading on the Coinbase mobile apps. Additionally, Coinbase International and Advanced platforms have introduced perpetual futures for ZORA and PAXG, the latter being the exchange’s first commodity-linked perpetual, offering exposure to gold prices with up to 20x leverage.

These strategic adjustments reflect Coinbase’s ongoing efforts to optimize its platform, balancing asset integrity with new investment opportunities.