Coinbase to delist BADGER, STORJ on September 28 after listing review

Coinbase will suspend trading in Badger DAO (BADGER) and Storj (STORJ) on September 28, 2026, at 2 PM ET, following a routine listing standards review.

Coinbase said the decision follows its regular review of assets traded on the platform for compliance with listing standards, without specifying a reason for either token's removal. The exchange's official help page lists several possible grounds for delisting, including project changes, failure to meet review standards, or cessation of operations.

Both order books have operated in limit-only mode since the August 28 announcement, meaning investors can only place or cancel limit orders while market orders are no longer accepted. The suspension covers Simple and Advanced Trade on Coinbase's retail platform, Coinbase Exchange, and Coinbase Prime for institutional clients. Withdrawals remain fully accessible before and after the cutoff date.

The delisting removes two tokens from the largest US exchange by trading volume, forcing holders to move to alternative venues or liquidate positions. Storj's removal follows Storj Labs' Chapter 11 bankruptcy filing in July 2026, while Badger DAO has discontinued front-end support for several legacy products. The move comes days after Coinbase suspended IoTeX (IOTX) on September 23 and follows a broader pattern of tightening listing standards through the second half of 2026.

Badger DAO operates as a decentralized project focused on expanding Bitcoin's use in decentralized finance. The ecosystem's native token, BADGER, serves primarily as a governance asset across DeFi protocols connected to the project. The project's website states that front-end support for some legacy products and vaults has been discontinued, with access to relevant smart contracts now available directly through the blockchain.

Storj builds a decentralized cloud storage network that encrypts, fragments, and distributes user data across storage nodes worldwide rather than housing it in a single data center. The network offers S3 compliance as an alternative to traditional cloud storage providers. The STORJ token facilitates payments between storage services and network participants within the project's economic structure.

The delisting pattern extends beyond these two tokens. Earlier in August, Coinbase paused six non-USD trading pairs — including LSETH-ETH, MINA-EUR, GRT-GBP, MASK-GBP, CHZ-USDT, and CRO-USDT — as part of a similar liquidity-focused review, though the underlying assets remained supported through USD markets. The BADGER and STORJ suspensions represent full token trading halts rather than pair-level pauses.

For holders, the practical impact is clear: selling on Coinbase will no longer be possible after September 28, and liquidity will shift to alternative exchanges. The two-week notice period and limit-only order book mode indicate a structured wind-down that may compress trading volumes for both assets as investors reposition.

This article is for informational purposes only and does not constitute investment advice.