Based on Announcement, KuCoin will delist and close redemption services for eight leveraged tokens, including PEPEUP, PEPEDOWN, JASMY3L, JASMY3S, BNB3L, BNB3S, DOGE3L, and DOGE3S. The delisting will occur in two phases: the first batch of tokens will be delisted on December 16, 2025, at 01:30 UTC, and the second batch on December 17, 2025, at the same time. Users are advised to manage their positions before the delisting date. Any remaining tokens will be converted to USDT based on their net asset value (NAV) at delisting and distributed to user accounts within 24 hours.
KuCoin to Delist Multiple Leveraged Tokens on December 16 and 17, 2025
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