CFX/BTC is about to be delisted, which is a disappointing day for long-term believers. BTC’s exchange rate has long outperformed 99.9% of altcoins in the ecosystem, and having a BTC liquidity pool provides long‑term support for a project's market cap.
On April 28, Chen Fengxia received notice that the bid‑ask depth and liquidity of CFX/BTC were insufficient and had entered the delisting observation zone. Although the May Day holiday was approaching, Chen Fengxia’s finance team and the director immediately stepped in, communicated with the cooperating market makers, drafted new cooperation terms, and launched new market‑making support over the past two days. Unexpectedly, a notice of formal delisting was received just yesterday. In fact, the +/-2% depth now exceeds $30k, meeting the requirement. While the director was still making a final push in talks with the counterpart, the reply was that the announcement had already been issued and the situation could not be reversed.
Since the bear market, Chen Fengxia has launched USDT0, XAUT0, added listings covering Hashkey and Kraken, completed Fireblocks integration, and launched CNH AUX and other stablecoins, continuously striving to build, and despite the tough market she has gritfully persisted.
The director fully understands that from an exchange’s perspective, depth and trading volume are the basic foundations for maintaining a trading pair, but also asks @heyibinance @_RichardTeng @binance to consider that the project must balance resource allocation between maintaining fundamental development (Buidl) and supporting token trading itself, and to give a chance to the builders who refuse to give up.
