[{"data":1,"prerenderedAt":2145},["ShallowReactive",2],{"blog-how-long-does-it-take-to-list-token-on-exchange":3,"related-how-long-does-it-take-to-list-token-on-exchange":542},{"_path":4,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":8,"description":9,"date":10,"author":11,"category":12,"tags":13,"keywords":18,"image":24,"readTime":25,"body":26,"_type":536,"_id":537,"_source":538,"_file":539,"_stem":540,"_extension":541},"/blog/how-long-does-it-take-to-list-token-on-exchange","blog",false,"","How Long Does It Take to List a Token on a Crypto Exchange? A Realistic Timeline","How long does it take to list a token on a crypto exchange? A stage-by-stage timeline, what slows each step down, and how to plan your TGE around the delays.","2026-10-19","Fibonacci Capital","Exchanges",[14,15,16,17],"exchange listing","listing timeline","TGE planning","token listing",[19,20,21,22,23],"how long does it take to list a token on an exchange","exchange listing timeline","crypto listing process time","token listing process","plan TGE exchange listing","/assets/images/blog/how-long-does-it-take-to-list-token-on-exchange.jpg","8 min read",{"type":27,"children":28,"toc":522},"root",[29,37,42,49,54,213,218,224,246,251,257,270,283,289,294,299,305,326,339,345,350,363,369,374,379,385,406,412,452,458,463,492,503,509],{"type":30,"tag":31,"props":32,"children":33},"element","p",{},[34],{"type":35,"value":36},"text","Listing a token on a crypto exchange takes anywhere from a few weeks to several months, and the spread depends mostly on the venue type, how ready your documents are and how quickly you respond to questions. Decentralised venues can be nearly immediate, because listing is permissionless. Centralised venues run a review process with several stages, and the slowest stage is almost never the one founders expect. There is no honest universal number, so this article gives you a stage-by-stage view, shows what drives delay at each step, and explains how to plan a TGE so a slipped listing does not wreck the launch.",{"type":30,"tag":31,"props":38,"children":39},{},[40],{"type":35,"value":41},"Treat any promised timeline from an exchange contact as an estimate, not a commitment. Venues reserve the right to pause, request more information or decline, and the date you can announce is the date the exchange confirms in writing.",{"type":30,"tag":43,"props":44,"children":46},"h2",{"id":45},"the-stages-of-a-centralised-exchange-listing",[47],{"type":35,"value":48},"The Stages of a Centralised Exchange Listing",{"type":30,"tag":31,"props":50,"children":51},{},[52],{"type":35,"value":53},"Most centralised venues follow the same broad sequence. Names and details vary, and some stages overlap.",{"type":30,"tag":55,"props":56,"children":57},"table",{},[58,82],{"type":30,"tag":59,"props":60,"children":61},"thead",{},[62],{"type":30,"tag":63,"props":64,"children":65},"tr",{},[66,72,77],{"type":30,"tag":67,"props":68,"children":69},"th",{},[70],{"type":35,"value":71},"Stage",{"type":30,"tag":67,"props":73,"children":74},{},[75],{"type":35,"value":76},"What happens",{"type":30,"tag":67,"props":78,"children":79},{},[80],{"type":35,"value":81},"Main source of delay",{"type":30,"tag":83,"props":84,"children":85},"tbody",{},[86,105,123,141,159,177,195],{"type":30,"tag":63,"props":87,"children":88},{},[89,95,100],{"type":30,"tag":90,"props":91,"children":92},"td",{},[93],{"type":35,"value":94},"1. Preparation",{"type":30,"tag":90,"props":96,"children":97},{},[98],{"type":35,"value":99},"You assemble documents, tokenomics, audit, legal view and team details",{"type":30,"tag":90,"props":101,"children":102},{},[103],{"type":35,"value":104},"Missing or inconsistent documents",{"type":30,"tag":63,"props":106,"children":107},{},[108,113,118],{"type":30,"tag":90,"props":109,"children":110},{},[111],{"type":35,"value":112},"2. Application",{"type":30,"tag":90,"props":114,"children":115},{},[116],{"type":35,"value":117},"You submit through the exchange's form or a business contact",{"type":30,"tag":90,"props":119,"children":120},{},[121],{"type":35,"value":122},"Wrong channel, unclear fit",{"type":30,"tag":63,"props":124,"children":125},{},[126,131,136],{"type":30,"tag":90,"props":127,"children":128},{},[129],{"type":35,"value":130},"3. 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Commercial terms",{"type":30,"tag":90,"props":168,"children":169},{},[170],{"type":35,"value":171},"Fees, market making expectations, campaign, support",{"type":30,"tag":90,"props":173,"children":174},{},[175],{"type":35,"value":176},"Negotiation",{"type":30,"tag":63,"props":178,"children":179},{},[180,185,190],{"type":30,"tag":90,"props":181,"children":182},{},[183],{"type":35,"value":184},"6. Technical integration",{"type":30,"tag":90,"props":186,"children":187},{},[188],{"type":35,"value":189},"Deposit and withdrawal testing, contract checks, API setup",{"type":30,"tag":90,"props":191,"children":192},{},[193],{"type":35,"value":194},"Chain support, engineering capacity",{"type":30,"tag":63,"props":196,"children":197},{},[198,203,208],{"type":30,"tag":90,"props":199,"children":200},{},[201],{"type":35,"value":202},"7. Scheduling and announcement",{"type":30,"tag":90,"props":204,"children":205},{},[206],{"type":35,"value":207},"Date, trading pair, launch mechanics",{"type":30,"tag":90,"props":209,"children":210},{},[211],{"type":35,"value":212},"Exchange calendar",{"type":30,"tag":31,"props":214,"children":215},{},[216],{"type":35,"value":217},"You control some of these and not others. Preparation and response speed are yours. Queue length and calendar are not.",{"type":30,"tag":43,"props":219,"children":221},{"id":220},"stage-1-preparation-yours-to-control",[222],{"type":35,"value":223},"Stage 1: Preparation (Yours to Control)",{"type":30,"tag":31,"props":225,"children":226},{},[227,229,236,238,244],{"type":35,"value":228},"This stage can take days or months, and it is where most avoidable delay lives. A project that applies with a clean package moves faster than one that has to rebuild its documents halfway through the process. See ",{"type":30,"tag":230,"props":231,"children":233},"a",{"href":232},"/blog/crypto-exchange-listing-requirements",[234],{"type":35,"value":235},"crypto exchange listing requirements",{"type":35,"value":237}," for what venues usually ask for, and ",{"type":30,"tag":230,"props":239,"children":241},{"href":240},"/blog/crypto-exchange-due-diligence-checklist",[242],{"type":35,"value":243},"the due diligence checklist",{"type":35,"value":245}," to see what the review will examine.",{"type":30,"tag":31,"props":247,"children":248},{},[249],{"type":35,"value":250},"A useful rule is to prepare as if you were the reviewer. If your tokenomics page, audit report and team details do not match each other, the reviewer will notice, and the resulting questions add weeks.",{"type":30,"tag":43,"props":252,"children":254},{"id":253},"stage-2-and-3-application-and-screening",[255],{"type":35,"value":256},"Stage 2 and 3: Application and Screening",{"type":30,"tag":31,"props":258,"children":259},{},[260,262,268],{"type":35,"value":261},"Where you apply matters. Some exchanges have public forms that go into a large queue. Others work through business development contacts, where a warm introduction can shorten the wait, though it does not change the criteria. ",{"type":30,"tag":230,"props":263,"children":265},{"href":264},"/blog/how-to-get-listed-on-crypto-exchange",[266],{"type":35,"value":267},"How to get listed on a crypto exchange",{"type":35,"value":269}," explains the channels in more detail.",{"type":30,"tag":31,"props":271,"children":272},{},[273,275,281],{"type":35,"value":274},"Screening speed depends on how many applications the venue receives and how well yours fits. A weak fit tends to get either a silent wait or a quick no. If you hear nothing, follow up politely once or twice, and consider whether the venue is the right match. Our guide on ",{"type":30,"tag":230,"props":276,"children":278},{"href":277},"/blog/crypto-exchange-listing-application-mistakes",[279],{"type":35,"value":280},"the most common listing application mistakes",{"type":35,"value":282}," covers what makes applications stall.",{"type":30,"tag":43,"props":284,"children":286},{"id":285},"stage-4-due-diligence",[287],{"type":35,"value":288},"Stage 4: Due Diligence",{"type":30,"tag":31,"props":290,"children":291},{},[292],{"type":35,"value":293},"Due diligence is often the longest active stage, and your response speed shapes it directly. Typical requests include audit reports, legal opinions or classification analysis, details about token distribution, wallet addresses for team and treasury allocations, and information about your market maker.",{"type":30,"tag":31,"props":295,"children":296},{},[297],{"type":35,"value":298},"Keep a single point of contact who can answer in a day, and keep a shared folder of up-to-date documents. Teams that take a week to answer each question can double the length of this stage without noticing.",{"type":30,"tag":43,"props":300,"children":302},{"id":301},"stage-5-commercial-terms",[303],{"type":35,"value":304},"Stage 5: Commercial Terms",{"type":30,"tag":31,"props":306,"children":307},{},[308,310,316,318,324],{"type":35,"value":309},"Venues differ widely in what they ask. Some expect a listing fee or deposit, some expect market making coverage or a minimum liquidity commitment, and some ask for marketing support or campaign participation. Others have no commercial requirement at all. ",{"type":30,"tag":230,"props":311,"children":313},{"href":312},"/blog/crypto-exchange-listing-fees",[314],{"type":35,"value":315},"Crypto exchange listing fees",{"type":35,"value":317}," explains the categories, and ",{"type":30,"tag":230,"props":319,"children":321},{"href":320},"/blog/crypto-exchange-listing-agreement",[322],{"type":35,"value":323},"the listing agreement guide",{"type":35,"value":325}," covers the clauses to read carefully.",{"type":30,"tag":31,"props":327,"children":328},{},[329,331,337],{"type":35,"value":330},"Negotiation can run quickly or slowly. Budget questions you have not settled internally will extend this stage, so decide your limits before you start. If you have not set a launch budget, the framework in ",{"type":30,"tag":230,"props":332,"children":334},{"href":333},"/blog/how-much-does-it-cost-to-launch-a-token",[335],{"type":35,"value":336},"how much it costs to launch a token",{"type":35,"value":338}," is a good starting point.",{"type":30,"tag":43,"props":340,"children":342},{"id":341},"stage-6-technical-integration",[343],{"type":35,"value":344},"Stage 6: Technical Integration",{"type":30,"tag":31,"props":346,"children":347},{},[348],{"type":35,"value":349},"Integration depends on your chain, your contract and the exchange's engineering schedule. A token on a chain the venue already supports is usually simpler than one that requires new infrastructure. Expect deposit and withdrawal testing, contract verification and, for some venues, a test period with small transfers.",{"type":30,"tag":31,"props":351,"children":352},{},[353,355,361],{"type":35,"value":354},"Problems at this stage are often contract-related: unusual transfer logic, fee-on-transfer mechanics, upgradeable proxies or admin functions that the exchange's risk team wants explained. Resolve these before you apply, not after. ",{"type":30,"tag":230,"props":356,"children":358},{"href":357},"/blog/smart-contract-audits-before-launch",[359],{"type":35,"value":360},"Smart contract audits before launch",{"type":35,"value":362}," explains what auditors flag and how to document your design.",{"type":30,"tag":43,"props":364,"children":366},{"id":365},"stage-7-scheduling-and-announcement",[367],{"type":35,"value":368},"Stage 7: Scheduling and Announcement",{"type":30,"tag":31,"props":370,"children":371},{},[372],{"type":35,"value":373},"Even when everything is ready, the exchange picks the date. Calendars fill up around major events and holidays. Many venues also want listings to coincide with their own campaigns, which can move your date later or earlier than you hoped.",{"type":30,"tag":31,"props":375,"children":376},{},[377],{"type":35,"value":378},"Do not announce a date until the exchange confirms it. If you must give the community an expected window, keep it wide and say clearly that it depends on the venue.",{"type":30,"tag":43,"props":380,"children":382},{"id":381},"decentralised-listings-fast-but-not-the-same-thing",[383],{"type":35,"value":384},"Decentralised Listings: Fast, but Not the Same Thing",{"type":30,"tag":31,"props":386,"children":387},{},[388,390,396,398,404],{"type":35,"value":389},"On a decentralised exchange you can create a pool and start trading in minutes, which makes the listing itself nearly instant. The trade-off is that you are responsible for the whole market: initial liquidity, price discovery, protection from sniping, and communication. ",{"type":30,"tag":230,"props":391,"children":393},{"href":392},"/blog/how-to-protect-token-launch-from-sniper-bots",[394],{"type":35,"value":395},"How to protect a token launch from sniper bots",{"type":35,"value":397}," and ",{"type":30,"tag":230,"props":399,"children":401},{"href":400},"/blog/how-to-lock-liquidity-token-launch",[402],{"type":35,"value":403},"how to lock liquidity at launch",{"type":35,"value":405}," cover the steps. A fast listing is not a finished launch.",{"type":30,"tag":43,"props":407,"children":409},{"id":408},"what-makes-timelines-slip",[410],{"type":35,"value":411},"What Makes Timelines Slip",{"type":30,"tag":413,"props":414,"children":415},"ul",{},[416,422,427,432,437,442,447],{"type":30,"tag":417,"props":418,"children":419},"li",{},[420],{"type":35,"value":421},"Documents that contradict each other",{"type":30,"tag":417,"props":423,"children":424},{},[425],{"type":35,"value":426},"Slow answers to diligence questions",{"type":30,"tag":417,"props":428,"children":429},{},[430],{"type":35,"value":431},"Unclear or unresolved legal position",{"type":30,"tag":417,"props":433,"children":434},{},[435],{"type":35,"value":436},"Contract features the exchange's risk team does not accept",{"type":30,"tag":417,"props":438,"children":439},{},[440],{"type":35,"value":441},"No market making arrangement when the venue expects one",{"type":30,"tag":417,"props":443,"children":444},{},[445],{"type":35,"value":446},"Applying to a venue that is a poor fit",{"type":30,"tag":417,"props":448,"children":449},{},[450],{"type":35,"value":451},"A TGE date announced before the venue confirmed",{"type":30,"tag":43,"props":453,"children":455},{"id":454},"planning-your-tge-around-the-listing",[456],{"type":35,"value":457},"Planning Your TGE Around the Listing",{"type":30,"tag":31,"props":459,"children":460},{},[461],{"type":35,"value":462},"Plan backwards from your target date, then add a buffer. A workable approach:",{"type":30,"tag":464,"props":465,"children":466},"ol",{},[467,472,477,482,487],{"type":30,"tag":417,"props":468,"children":469},{},[470],{"type":35,"value":471},"Start preparation well before you plan to apply, and treat the buffer as real time, not slack.",{"type":30,"tag":417,"props":473,"children":474},{},[475],{"type":35,"value":476},"Apply to more than one venue in parallel where the terms allow, since a single venue can pause indefinitely.",{"type":30,"tag":417,"props":478,"children":479},{},[480],{"type":35,"value":481},"Do not tie your whole launch to one listing. If the date moves, you want a plan that still works.",{"type":30,"tag":417,"props":483,"children":484},{},[485],{"type":35,"value":486},"Confirm technical readiness early, so integration is not the last-minute surprise.",{"type":30,"tag":417,"props":488,"children":489},{},[490],{"type":35,"value":491},"Line up liquidity before the listing date, not after.",{"type":30,"tag":31,"props":493,"children":494},{},[495,501],{"type":30,"tag":230,"props":496,"children":498},{"href":497},"/blog/preparing-for-tge-timeline",[499],{"type":35,"value":500},"The preparing for TGE timeline",{"type":35,"value":502}," shows how listing steps fit into the wider launch calendar.",{"type":30,"tag":43,"props":504,"children":506},{"id":505},"where-fibonacci-capital-fits",[507],{"type":35,"value":508},"Where Fibonacci Capital Fits",{"type":30,"tag":31,"props":510,"children":511},{},[512,514,520],{"type":35,"value":513},"Delay is easier to manage when your market maker and your listing plan are designed together, because exchanges often ask about liquidity coverage during review. Fibonacci Capital helps teams prepare for listings and launches, so if you want to map a realistic timeline for your venues, get in touch through our ",{"type":30,"tag":230,"props":515,"children":517},{"href":516},"/pretge",[518],{"type":35,"value":519},"pre-TGE program",{"type":35,"value":521},".",{"title":7,"searchDepth":523,"depth":523,"links":524},2,[525,526,527,528,529,530,531,532,533,534,535],{"id":45,"depth":523,"text":48},{"id":220,"depth":523,"text":223},{"id":253,"depth":523,"text":256},{"id":285,"depth":523,"text":288},{"id":301,"depth":523,"text":304},{"id":341,"depth":523,"text":344},{"id":365,"depth":523,"text":368},{"id":381,"depth":523,"text":384},{"id":408,"depth":523,"text":411},{"id":454,"depth":523,"text":457},{"id":505,"depth":523,"text":508},"markdown","content:blog:how-long-does-it-take-to-list-token-on-exchange.md","content","blog/how-long-does-it-take-to-list-token-on-exchange.md","blog/how-long-does-it-take-to-list-token-on-exchange","md",[543,1095,1580],{"_path":544,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":545,"description":546,"date":547,"author":11,"category":12,"tags":548,"keywords":551,"image":557,"readTime":25,"body":558,"_type":536,"_id":1092,"_source":538,"_file":1093,"_stem":1094,"_extension":541},"/blog/why-crypto-exchanges-delist-tokens","Why Crypto Exchanges Delist Tokens (and 7 Mistakes That Get Projects Removed)","Why crypto exchanges delist tokens: the real triggers, from thin liquidity to weak disclosure, plus seven mistakes projects make and how to fix each one.","2026-10-18",[549,14,17,550],"delisting","compliance",[552,553,554,555,556],"why crypto exchanges delist tokens","token delisting","how to avoid delisting","exchange delisting criteria","monitoring tag crypto","/assets/images/blog/why-crypto-exchanges-delist-tokens.jpg",{"type":27,"children":559,"toc":1075},[560,565,576,582,587,631,636,642,647,779,785,792,797,815,821,834,850,856,861,870,876,881,890,896,901,910,916,921,930,936,941,950,956,961,999,1005,1058,1064],{"type":30,"tag":31,"props":561,"children":562},{},[563],{"type":35,"value":564},"Exchanges delist tokens when keeping them costs more than it earns. The cost can be regulatory risk, a security concern, or simply a market that no longer works: thin liquidity, collapsing volume, a team that has gone quiet. Most delistings are not a surprise attack on a project. They are the end of a visible, slow process that the team could have interrupted. This guide explains the common triggers, the seven mistakes that most often lead to removal, and what to do about each one before a review starts.",{"type":30,"tag":31,"props":566,"children":567},{},[568,570,574],{"type":35,"value":569},"Getting listed is only half the job. A listing is a continuing relationship with a venue that reviews its tokens on a regular basis, and the criteria are usually broader than founders assume. If you have not yet been through the application stage, read ",{"type":30,"tag":230,"props":571,"children":572},{"href":232},[573],{"type":35,"value":235},{"type":35,"value":575}," first. This article is about what happens after the announcement.",{"type":30,"tag":43,"props":577,"children":579},{"id":578},"how-delisting-reviews-work",[580],{"type":35,"value":581},"How Delisting Reviews Work",{"type":30,"tag":31,"props":583,"children":584},{},[585],{"type":35,"value":586},"Every exchange runs its own process, and the details are rarely published in full. In general terms, most venues follow the same pattern:",{"type":30,"tag":464,"props":588,"children":589},{},[590,601,611,621],{"type":30,"tag":417,"props":591,"children":592},{},[593,599],{"type":30,"tag":594,"props":595,"children":596},"strong",{},[597],{"type":35,"value":598},"Ongoing monitoring.",{"type":35,"value":600}," The exchange tracks trading activity, liquidity, project activity, security events and legal developments for every listed token.",{"type":30,"tag":417,"props":602,"children":603},{},[604,609],{"type":30,"tag":594,"props":605,"children":606},{},[607],{"type":35,"value":608},"A flag or warning.",{"type":35,"value":610}," Many venues mark a token with a risk or monitoring label, which signals to traders that a review is open. Not every exchange does this, and the label's name differs by venue.",{"type":30,"tag":417,"props":612,"children":613},{},[614,619],{"type":30,"tag":594,"props":615,"children":616},{},[617],{"type":35,"value":618},"A review window.",{"type":35,"value":620}," The project may be asked for information, or given time to fix the issue.",{"type":30,"tag":417,"props":622,"children":623},{},[624,629],{"type":30,"tag":594,"props":625,"children":626},{},[627],{"type":35,"value":628},"A decision and notice.",{"type":35,"value":630}," If the token is removed, exchanges typically give a withdrawal-only period so holders can move assets out. The length varies and is set by the venue.",{"type":30,"tag":31,"props":632,"children":633},{},[634],{"type":35,"value":635},"Two practical points follow from this. First, the monitoring label is the best early warning you will get, so treat it as an incident, not a rumour. Second, exchanges have discretion. A listing agreement or the venue's terms usually allow removal for reasons the exchange judges sufficient, so you cannot rely on a single threshold keeping you safe.",{"type":30,"tag":43,"props":637,"children":639},{"id":638},"the-main-triggers",[640],{"type":35,"value":641},"The Main Triggers",{"type":30,"tag":31,"props":643,"children":644},{},[645],{"type":35,"value":646},"Reasons for delisting fall into a handful of groups. Not all venues use all of them, but they cover most cases.",{"type":30,"tag":55,"props":648,"children":649},{},[650,671],{"type":30,"tag":59,"props":651,"children":652},{},[653],{"type":30,"tag":63,"props":654,"children":655},{},[656,661,666],{"type":30,"tag":67,"props":657,"children":658},{},[659],{"type":35,"value":660},"Trigger",{"type":30,"tag":67,"props":662,"children":663},{},[664],{"type":35,"value":665},"What the exchange sees",{"type":30,"tag":67,"props":667,"children":668},{},[669],{"type":35,"value":670},"Typical severity",{"type":30,"tag":83,"props":672,"children":673},{},[674,692,710,727,745,762],{"type":30,"tag":63,"props":675,"children":676},{},[677,682,687],{"type":30,"tag":90,"props":678,"children":679},{},[680],{"type":35,"value":681},"Liquidity and volume",{"type":30,"tag":90,"props":683,"children":684},{},[685],{"type":35,"value":686},"Wide spreads, thin books, volume that is concentrated or has collapsed",{"type":30,"tag":90,"props":688,"children":689},{},[690],{"type":35,"value":691},"Gradual, review-based",{"type":30,"tag":63,"props":693,"children":694},{},[695,700,705],{"type":30,"tag":90,"props":696,"children":697},{},[698],{"type":35,"value":699},"Security",{"type":30,"tag":90,"props":701,"children":702},{},[703],{"type":35,"value":704},"Exploit, compromised contract or admin key, unaudited upgrade",{"type":30,"tag":90,"props":706,"children":707},{},[708],{"type":35,"value":709},"Can be immediate",{"type":30,"tag":63,"props":711,"children":712},{},[713,718,723],{"type":30,"tag":90,"props":714,"children":715},{},[716],{"type":35,"value":717},"Legal and regulatory",{"type":30,"tag":90,"props":719,"children":720},{},[721],{"type":35,"value":722},"Securities concerns, sanctions exposure, a regulator's action in a market the exchange serves",{"type":30,"tag":90,"props":724,"children":725},{},[726],{"type":35,"value":709},{"type":30,"tag":63,"props":728,"children":729},{},[730,735,740],{"type":30,"tag":90,"props":731,"children":732},{},[733],{"type":35,"value":734},"Project conduct",{"type":30,"tag":90,"props":736,"children":737},{},[738],{"type":35,"value":739},"Misleading statements, undisclosed changes, abandoned development",{"type":30,"tag":90,"props":741,"children":742},{},[743],{"type":35,"value":744},"Review-based",{"type":30,"tag":63,"props":746,"children":747},{},[748,753,758],{"type":30,"tag":90,"props":749,"children":750},{},[751],{"type":35,"value":752},"Market integrity",{"type":30,"tag":90,"props":754,"children":755},{},[756],{"type":35,"value":757},"Wash trading, manipulation, suspicious volume patterns",{"type":30,"tag":90,"props":759,"children":760},{},[761],{"type":35,"value":709},{"type":30,"tag":63,"props":763,"children":764},{},[765,770,775],{"type":30,"tag":90,"props":766,"children":767},{},[768],{"type":35,"value":769},"Commercial",{"type":30,"tag":90,"props":771,"children":772},{},[773],{"type":35,"value":774},"Token no longer meets the venue's own listing standards or strategy",{"type":30,"tag":90,"props":776,"children":777},{},[778],{"type":35,"value":744},{"type":30,"tag":43,"props":780,"children":782},{"id":781},"_7-mistakes-that-lead-to-delisting",[783],{"type":35,"value":784},"7 Mistakes That Lead to Delisting",{"type":30,"tag":786,"props":787,"children":789},"h3",{"id":788},"_1-treating-liquidity-as-a-launch-week-problem",[790],{"type":35,"value":791},"1. Treating liquidity as a launch-week problem",{"type":30,"tag":31,"props":793,"children":794},{},[795],{"type":35,"value":796},"Many projects arrange depth for the listing and let it decay. A token whose order book is thin and whose spread is wide is expensive to trade, which pushes volume away, which makes the book thinner. This loop is the most common route to a quiet delisting review.",{"type":30,"tag":31,"props":798,"children":799},{},[800,805,807,813],{"type":30,"tag":594,"props":801,"children":802},{},[803],{"type":35,"value":804},"The fix:",{"type":35,"value":806}," budget for liquidity as a recurring cost, not a one-off. Define spread and depth targets, measure them weekly, and hold your market maker to them. Our guide to ",{"type":30,"tag":230,"props":808,"children":810},{"href":809},"/blog/how-to-evaluate-market-maker-performance",[811],{"type":35,"value":812},"evaluating market maker performance",{"type":35,"value":814}," covers the metrics. Size the starting point against your launch float and expected trading.",{"type":30,"tag":786,"props":816,"children":818},{"id":817},"_2-reporting-volume-that-is-not-real",[819],{"type":35,"value":820},"2. Reporting volume that is not real",{"type":30,"tag":31,"props":822,"children":823},{},[824,826,832],{"type":35,"value":825},"Volume that comes from a project's own wallets trading back and forth is wash trading. Exchanges have tools to detect it, and a listing that shows high volume but little genuine depth or participation invites scrutiny. It also damages the venue's own reputation, so exchanges tend to act when they find it. Read ",{"type":30,"tag":230,"props":827,"children":829},{"href":828},"/blog/what-is-wash-trading-crypto",[830],{"type":35,"value":831},"what wash trading is and how it is detected",{"type":35,"value":833}," before any vendor offers to \"boost\" your numbers.",{"type":30,"tag":31,"props":835,"children":836},{},[837,841,843,849],{"type":30,"tag":594,"props":838,"children":839},{},[840],{"type":35,"value":804},{"type":35,"value":842}," never pay for or tolerate volume you cannot trace to real counterparties. Put a no-wash-trading clause in every market making contract, and review trade logs. The same applies to social proof: inflated community numbers are covered in our guide to ",{"type":30,"tag":230,"props":844,"children":846},{"href":845},"/blog/how-to-spot-fake-engagement-crypto-marketing",[847],{"type":35,"value":848},"spotting fake engagement in crypto marketing",{"type":35,"value":521},{"type":30,"tag":786,"props":851,"children":853},{"id":852},"_3-confusing-volume-with-liquidity",[854],{"type":35,"value":855},"3. Confusing volume with liquidity",{"type":30,"tag":31,"props":857,"children":858},{},[859],{"type":35,"value":860},"A token can show decent volume while the book is empty a few ticks from the mid price. Exchanges look at both, and projects that only watch the first number are often surprised by a review.",{"type":30,"tag":31,"props":862,"children":863},{},[864,868],{"type":30,"tag":594,"props":865,"children":866},{},[867],{"type":35,"value":804},{"type":35,"value":869}," report depth within defined bands of the mid price alongside volume. If depth falls, fix it before the exchange raises it.",{"type":30,"tag":786,"props":871,"children":873},{"id":872},"_4-going-silent",[874],{"type":35,"value":875},"4. Going silent",{"type":30,"tag":31,"props":877,"children":878},{},[879],{"type":35,"value":880},"A token whose team has stopped posting updates, shipping code or answering community questions looks abandoned. Exchanges do not want to list assets that are likely to end up in the news for the wrong reasons. Silence also makes it harder for the exchange to reach you when something needs a response.",{"type":30,"tag":31,"props":882,"children":883},{},[884,888],{"type":30,"tag":594,"props":885,"children":886},{},[887],{"type":35,"value":804},{"type":35,"value":889}," keep a named contact for exchange relations, publish regular updates, and answer exchange information requests promptly. A response that arrives in a day is treated very differently from one that never arrives.",{"type":30,"tag":786,"props":891,"children":893},{"id":892},"_5-changing-the-token-without-telling-the-venue",[894],{"type":35,"value":895},"5. Changing the token without telling the venue",{"type":30,"tag":31,"props":897,"children":898},{},[899],{"type":35,"value":900},"Contract migrations, supply changes, bridge launches, unlock schedule changes and rebrands all affect how the token is held and traded. Exchanges expect advance notice for these. A change that surprises the venue can produce a trading halt or a review even when the change itself was harmless.",{"type":30,"tag":31,"props":902,"children":903},{},[904,908],{"type":30,"tag":594,"props":905,"children":906},{},[907],{"type":35,"value":804},{"type":35,"value":909}," keep a change calendar. Give the exchange written notice before any contract, supply or chain change, and confirm what support it will provide.",{"type":30,"tag":786,"props":911,"children":913},{"id":912},"_6-ignoring-security-hygiene",[914],{"type":35,"value":915},"6. Ignoring security hygiene",{"type":30,"tag":31,"props":917,"children":918},{},[919],{"type":35,"value":920},"An exploited contract, a leaked admin key or an upgrade pushed without review can trigger an immediate suspension of deposits and withdrawals, and a prolonged one can end in removal. Exchanges care because user funds can be touched.",{"type":30,"tag":31,"props":922,"children":923},{},[924,928],{"type":30,"tag":594,"props":925,"children":926},{},[927],{"type":35,"value":804},{"type":35,"value":929}," audit before launch and after meaningful upgrades, secure admin keys with multi-party controls, and publish an incident process.",{"type":30,"tag":786,"props":931,"children":933},{"id":932},"_7-letting-legal-risk-build-up-unnoticed",[934],{"type":35,"value":935},"7. Letting legal risk build up unnoticed",{"type":30,"tag":31,"props":937,"children":938},{},[939],{"type":35,"value":940},"How a token is treated can change with a regulator's guidance, an enforcement action or a change in how the project sells or promotes it. Exchanges serve users in many jurisdictions and tend to be cautious when a token attracts regulatory attention. Marketing language that promises returns, or a token sale that was structured carelessly, can come back as a review.",{"type":30,"tag":31,"props":942,"children":943},{},[944,948],{"type":30,"tag":594,"props":945,"children":946},{},[947],{"type":35,"value":804},{"type":35,"value":949}," keep your legal opinion current, avoid promotional language that sounds like an investment pitch, and watch the markets your exchange serves. This is general information, not legal advice, and counsel should review your specific position.",{"type":30,"tag":43,"props":951,"children":953},{"id":952},"a-delisting-prevention-checklist",[954],{"type":35,"value":955},"A Delisting-Prevention Checklist",{"type":30,"tag":31,"props":957,"children":958},{},[959],{"type":35,"value":960},"Use this as a monthly routine:",{"type":30,"tag":413,"props":962,"children":963},{},[964,969,974,979,984,989,994],{"type":30,"tag":417,"props":965,"children":966},{},[967],{"type":35,"value":968},"Spread and depth measured against targets, with a written report from your market maker",{"type":30,"tag":417,"props":970,"children":971},{},[972],{"type":35,"value":973},"Volume reviewed for concentration and for any activity you cannot explain",{"type":30,"tag":417,"props":975,"children":976},{},[977],{"type":35,"value":978},"Named exchange-relations contact and a tested escalation path",{"type":30,"tag":417,"props":980,"children":981},{},[982],{"type":35,"value":983},"Change calendar shared with every listing venue",{"type":30,"tag":417,"props":985,"children":986},{},[987],{"type":35,"value":988},"Audit status current for every deployed contract, and admin keys reviewed",{"type":30,"tag":417,"props":990,"children":991},{},[992],{"type":35,"value":993},"Legal opinion and marketing language reviewed against current guidance",{"type":30,"tag":417,"props":995,"children":996},{},[997],{"type":35,"value":998},"Public updates and development activity visible over the last 30 days",{"type":30,"tag":43,"props":1000,"children":1002},{"id":1001},"what-to-do-if-you-receive-a-warning",[1003],{"type":35,"value":1004},"What to Do If You Receive a Warning",{"type":30,"tag":464,"props":1006,"children":1007},{},[1008,1018,1028,1038,1048],{"type":30,"tag":417,"props":1009,"children":1010},{},[1011,1016],{"type":30,"tag":594,"props":1012,"children":1013},{},[1014],{"type":35,"value":1015},"Acknowledge fast.",{"type":35,"value":1017}," Reply in writing, name an owner, and ask what the specific concern is.",{"type":30,"tag":417,"props":1019,"children":1020},{},[1021,1026],{"type":30,"tag":594,"props":1022,"children":1023},{},[1024],{"type":35,"value":1025},"Get the criteria.",{"type":35,"value":1027}," Ask which standard you are measured against and what evidence would close the review.",{"type":30,"tag":417,"props":1029,"children":1030},{},[1031,1036],{"type":30,"tag":594,"props":1032,"children":1033},{},[1034],{"type":35,"value":1035},"Fix the cause, not the optics.",{"type":35,"value":1037}," If liquidity is the issue, deepen the book with real quotes. Do not paper over it with volume.",{"type":30,"tag":417,"props":1039,"children":1040},{},[1041,1046],{"type":30,"tag":594,"props":1042,"children":1043},{},[1044],{"type":35,"value":1045},"Document the fix.",{"type":35,"value":1047}," Send before-and-after data and a plan for keeping it in place.",{"type":30,"tag":417,"props":1049,"children":1050},{},[1051,1056],{"type":30,"tag":594,"props":1052,"children":1053},{},[1054],{"type":35,"value":1055},"Prepare for the worst case.",{"type":35,"value":1057}," Know which other venues list the token, and have a holder communication ready in case the removal goes ahead.",{"type":30,"tag":43,"props":1059,"children":1061},{"id":1060},"connecting-this-to-liquidity-and-launch-support",[1062],{"type":35,"value":1063},"Connecting This to Liquidity and Launch Support",{"type":30,"tag":31,"props":1065,"children":1066},{},[1067,1069,1074],{"type":35,"value":1068},"Most delisting paths start with the same root problem: a token that is cheap to list and expensive to keep liquid. Planning the market making budget, the monitoring routine and the exchange relationship before the listing makes the difference between a token that stays on its venues and one that gets a review. Fibonacci Capital works with teams on this side of the launch, from sizing liquidity to ongoing reporting. If you are preparing a listing or already carrying a warning, ",{"type":30,"tag":230,"props":1070,"children":1071},{"href":516},[1072],{"type":35,"value":1073},"get in touch about launch support",{"type":35,"value":521},{"title":7,"searchDepth":523,"depth":523,"links":1076},[1077,1078,1079,1089,1090,1091],{"id":578,"depth":523,"text":581},{"id":638,"depth":523,"text":641},{"id":781,"depth":523,"text":784,"children":1080},[1081,1083,1084,1085,1086,1087,1088],{"id":788,"depth":1082,"text":791},3,{"id":817,"depth":1082,"text":820},{"id":852,"depth":1082,"text":855},{"id":872,"depth":1082,"text":875},{"id":892,"depth":1082,"text":895},{"id":912,"depth":1082,"text":915},{"id":932,"depth":1082,"text":935},{"id":952,"depth":523,"text":955},{"id":1001,"depth":523,"text":1004},{"id":1060,"depth":523,"text":1063},"content:blog:why-crypto-exchanges-delist-tokens.md","blog/why-crypto-exchanges-delist-tokens.md","blog/why-crypto-exchanges-delist-tokens",{"_path":240,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":1096,"description":1097,"date":1098,"author":11,"category":12,"tags":1099,"keywords":1104,"image":1110,"readTime":25,"body":1111,"_type":536,"_id":1577,"_source":538,"_file":1578,"_stem":1579,"_extension":541},"Crypto Exchange Due Diligence Checklist: How to Vet an Exchange Before Listing Your Token","Crypto exchange due diligence checklist for token teams: how to vet liquidity, custody, regulation and listing terms before you sign a listing agreement.","2026-10-17",[1100,17,1101,1102,1103],"exchange due diligence","exchange vetting","listing checklist","cex",[1105,1106,1107,1108,1109],"crypto exchange due diligence","how to vet a crypto exchange","exchange listing checklist","is this exchange safe to list on","exchange vetting for token projects","/assets/images/blog/crypto-exchange-due-diligence-checklist.jpg",{"type":27,"children":1112,"toc":1565},[1113,1118,1123,1129,1134,1139,1145,1157,1162,1185,1197,1203,1208,1231,1244,1250,1255,1273,1278,1284,1289,1389,1408,1414,1419,1442,1447,1453,1465,1471,1504,1510,1530,1543,1549,1554],{"type":30,"tag":31,"props":1114,"children":1115},{},[1116],{"type":35,"value":1117},"To do crypto exchange due diligence before a listing, check six things in order: whether the exchange's volume and order book are real, how it holds customer assets, where it is licensed and what it restricts, what the listing agreement obliges you to do, how it treats listed tokens after launch, and who you can actually reach on its team. A listing is a commercial relationship that can last for years, so a venue that looks prestigious on a rankings page can still be a poor home for your token. This checklist is the vetting process we would want a project team to run before signing anything.",{"type":30,"tag":31,"props":1119,"children":1120},{},[1121],{"type":35,"value":1122},"Most guides cover what an exchange requires from you. This one covers the reverse: what you should require from the exchange.",{"type":30,"tag":43,"props":1124,"children":1126},{"id":1125},"why-vetting-the-exchange-matters",[1127],{"type":35,"value":1128},"Why Vetting the Exchange Matters",{"type":30,"tag":31,"props":1130,"children":1131},{},[1132],{"type":35,"value":1133},"Founders tend to treat any listing offer as a win. That instinct is expensive. A weak venue can leave your token with thin, unrepresentative liquidity, tie you to terms that drain the treasury, or expose holders to an exchange that fails or restricts withdrawals. Your reputation travels with the venues you pick.",{"type":30,"tag":31,"props":1135,"children":1136},{},[1137],{"type":35,"value":1138},"Vetting also changes the negotiation. Exchanges respond differently to a team that asks informed questions, and the answers tell you how the relationship will run once the token is live.",{"type":30,"tag":43,"props":1140,"children":1142},{"id":1141},"step-1-test-whether-the-liquidity-is-real",[1143],{"type":35,"value":1144},"Step 1: Test Whether the Liquidity Is Real",{"type":30,"tag":31,"props":1146,"children":1147},{},[1148,1150,1155],{"type":35,"value":1149},"Reported volume is the easiest number to manipulate, and wash trading has been a known problem across the industry. Do not rely on headline rankings. Our explainer on ",{"type":30,"tag":230,"props":1151,"children":1152},{"href":828},[1153],{"type":35,"value":1154},"what wash trading is in crypto",{"type":35,"value":1156}," covers the patterns to look for.",{"type":30,"tag":31,"props":1158,"children":1159},{},[1160],{"type":35,"value":1161},"Practical checks:",{"type":30,"tag":413,"props":1163,"children":1164},{},[1165,1170,1175,1180],{"type":30,"tag":417,"props":1166,"children":1167},{},[1168],{"type":35,"value":1169},"Open the order book for a comparable mid-cap token on the venue and look at depth within 1-2% of the mid price, not just the top of book.",{"type":30,"tag":417,"props":1171,"children":1172},{},[1173],{"type":35,"value":1174},"Compare the venue's quoted volume for a few tokens against the depth you see. Large volume on a book that empties with a modest order is a warning sign.",{"type":30,"tag":417,"props":1176,"children":1177},{},[1178],{"type":35,"value":1179},"Look for suspiciously regular trade sizes or volume that moves in lockstep regardless of market conditions.",{"type":30,"tag":417,"props":1181,"children":1182},{},[1183],{"type":35,"value":1184},"Ask the exchange which market makers are active on comparable listings, and ask your own market maker for their view of the venue.",{"type":30,"tag":31,"props":1186,"children":1187},{},[1188,1190,1196],{"type":35,"value":1189},"For the underlying logic, see ",{"type":30,"tag":230,"props":1191,"children":1193},{"href":1192},"/blog/trading-volume-vs-liquidity",[1194],{"type":35,"value":1195},"trading volume vs liquidity",{"type":35,"value":521},{"type":30,"tag":43,"props":1198,"children":1200},{"id":1199},"step-2-understand-custody-and-solvency",[1201],{"type":35,"value":1202},"Step 2: Understand Custody and Solvency",{"type":30,"tag":31,"props":1204,"children":1205},{},[1206],{"type":35,"value":1207},"Ask direct questions and note whether the answers are specific:",{"type":30,"tag":464,"props":1209,"children":1210},{},[1211,1216,1221,1226],{"type":30,"tag":417,"props":1212,"children":1213},{},[1214],{"type":35,"value":1215},"How are customer assets split between hot and cold storage?",{"type":30,"tag":417,"props":1217,"children":1218},{},[1219],{"type":35,"value":1220},"Does the exchange publish proof of reserves, and is it independently verified?",{"type":30,"tag":417,"props":1222,"children":1223},{},[1224],{"type":35,"value":1225},"Has it ever frozen withdrawals, and how was that handled?",{"type":30,"tag":417,"props":1227,"children":1228},{},[1229],{"type":35,"value":1230},"What is the policy if a listed token is hacked or exploited on-chain?",{"type":30,"tag":31,"props":1232,"children":1233},{},[1234,1236,1242],{"type":35,"value":1235},"Vague answers to custody questions are an answer in themselves. Remember that your own treasury may also sit on the exchange during the launch, so counterparty risk applies to you directly. Our guide to ",{"type":30,"tag":230,"props":1237,"children":1239},{"href":1238},"/blog/crypto-custody-solutions-for-token-teams",[1240],{"type":35,"value":1241},"crypto custody for token teams",{"type":35,"value":1243}," covers how to limit exposure.",{"type":30,"tag":43,"props":1245,"children":1247},{"id":1246},"step-3-check-licensing-and-jurisdiction",[1248],{"type":35,"value":1249},"Step 3: Check Licensing and Jurisdiction",{"type":30,"tag":31,"props":1251,"children":1252},{},[1253],{"type":35,"value":1254},"Regulation determines who can trade your token. Verify, do not assume:",{"type":30,"tag":413,"props":1256,"children":1257},{},[1258,1263,1268],{"type":30,"tag":417,"props":1259,"children":1260},{},[1261],{"type":35,"value":1262},"Which entity operates the exchange, and where is it registered?",{"type":30,"tag":417,"props":1264,"children":1265},{},[1266],{"type":35,"value":1267},"Which jurisdictions are blocked or restricted for trading and for new listings?",{"type":30,"tag":417,"props":1269,"children":1270},{},[1271],{"type":35,"value":1272},"Does the exchange screen tokens against securities concerns, and will your legal analysis hold up under that screening?",{"type":30,"tag":31,"props":1274,"children":1275},{},[1276],{"type":35,"value":1277},"If a major part of your community lives in a restricted region, the listing may not serve them at all. Take your lawyer's view on the venue before signing, not after.",{"type":30,"tag":43,"props":1279,"children":1281},{"id":1280},"step-4-read-the-listing-agreement-like-a-counterparty",[1282],{"type":35,"value":1283},"Step 4: Read the Listing Agreement Like a Counterparty",{"type":30,"tag":31,"props":1285,"children":1286},{},[1287],{"type":35,"value":1288},"Terms vary widely, and this is where teams lose the most value. Review:",{"type":30,"tag":55,"props":1290,"children":1291},{},[1292,1308],{"type":30,"tag":59,"props":1293,"children":1294},{},[1295],{"type":30,"tag":63,"props":1296,"children":1297},{},[1298,1303],{"type":30,"tag":67,"props":1299,"children":1300},{},[1301],{"type":35,"value":1302},"Term",{"type":30,"tag":67,"props":1304,"children":1305},{},[1306],{"type":35,"value":1307},"What to look for",{"type":30,"tag":83,"props":1309,"children":1310},{},[1311,1324,1337,1350,1363,1376],{"type":30,"tag":63,"props":1312,"children":1313},{},[1314,1319],{"type":30,"tag":90,"props":1315,"children":1316},{},[1317],{"type":35,"value":1318},"Fees",{"type":30,"tag":90,"props":1320,"children":1321},{},[1322],{"type":35,"value":1323},"Whether payment is cash, tokens, or both, and what you get for it",{"type":30,"tag":63,"props":1325,"children":1326},{},[1327,1332],{"type":30,"tag":90,"props":1328,"children":1329},{},[1330],{"type":35,"value":1331},"Token allocations",{"type":30,"tag":90,"props":1333,"children":1334},{},[1335],{"type":35,"value":1336},"Size, lockup and vesting of any tokens the exchange receives",{"type":30,"tag":63,"props":1338,"children":1339},{},[1340,1345],{"type":30,"tag":90,"props":1341,"children":1342},{},[1343],{"type":35,"value":1344},"Market making obligations",{"type":30,"tag":90,"props":1346,"children":1347},{},[1348],{"type":35,"value":1349},"Whether the exchange expects you to provide liquidity and to what standard",{"type":30,"tag":63,"props":1351,"children":1352},{},[1353,1358],{"type":30,"tag":90,"props":1354,"children":1355},{},[1356],{"type":35,"value":1357},"Marketing commitments",{"type":30,"tag":90,"props":1359,"children":1360},{},[1361],{"type":35,"value":1362},"What the exchange promises to do, and what you must do",{"type":30,"tag":63,"props":1364,"children":1365},{},[1366,1371],{"type":30,"tag":90,"props":1367,"children":1368},{},[1369],{"type":35,"value":1370},"Delisting conditions",{"type":30,"tag":90,"props":1372,"children":1373},{},[1374],{"type":35,"value":1375},"Triggers, notice periods, and what happens to holders",{"type":30,"tag":63,"props":1377,"children":1378},{},[1379,1384],{"type":30,"tag":90,"props":1380,"children":1381},{},[1382],{"type":35,"value":1383},"Exclusivity",{"type":30,"tag":90,"props":1385,"children":1386},{},[1387],{"type":35,"value":1388},"Whether you are barred from other venues or launch windows",{"type":30,"tag":31,"props":1390,"children":1391},{},[1392,1394,1399,1401,1406],{"type":35,"value":1393},"Be cautious of any structure that rewards the exchange mainly for the listing itself rather than for sustained trading. See our breakdown of ",{"type":30,"tag":230,"props":1395,"children":1396},{"href":312},[1397],{"type":35,"value":1398},"crypto exchange listing fees",{"type":35,"value":1400}," and the ",{"type":30,"tag":230,"props":1402,"children":1403},{"href":320},[1404],{"type":35,"value":1405},"listing agreement",{"type":35,"value":1407}," for the clauses that matter most.",{"type":30,"tag":43,"props":1409,"children":1411},{"id":1410},"step-5-look-at-how-listed-tokens-fare",[1412],{"type":35,"value":1413},"Step 5: Look at How Listed Tokens Fare",{"type":30,"tag":31,"props":1415,"children":1416},{},[1417],{"type":35,"value":1418},"Past behaviour is the best predictor. Review several recent listings on the venue:",{"type":30,"tag":413,"props":1420,"children":1421},{},[1422,1427,1432,1437],{"type":30,"tag":417,"props":1423,"children":1424},{},[1425],{"type":35,"value":1426},"How did price and liquidity evolve in the first weeks?",{"type":30,"tag":417,"props":1428,"children":1429},{},[1430],{"type":35,"value":1431},"Were there obvious signs of the venue supporting orderly markets?",{"type":30,"tag":417,"props":1433,"children":1434},{},[1435],{"type":35,"value":1436},"How were delistings handled, and with what notice?",{"type":30,"tag":417,"props":1438,"children":1439},{},[1440],{"type":35,"value":1441},"Does the exchange engage with project teams after launch?",{"type":30,"tag":31,"props":1443,"children":1444},{},[1445],{"type":35,"value":1446},"If you know founders who have listed there, ask them privately. Their experience is worth more than any marketing deck.",{"type":30,"tag":43,"props":1448,"children":1450},{"id":1449},"step-6-assess-the-people-and-support",[1451],{"type":35,"value":1452},"Step 6: Assess the People and Support",{"type":30,"tag":31,"props":1454,"children":1455},{},[1456,1458,1464],{"type":35,"value":1457},"Find out who owns the relationship. A named listing contact, clear escalation paths, and fast answers during a volatile day matter more than most teams expect. On launch day you will need the exchange's technical and listing teams quickly, as described in our ",{"type":30,"tag":230,"props":1459,"children":1461},{"href":1460},"/blog/tge-launch-day-runbook",[1462],{"type":35,"value":1463},"TGE launch day runbook",{"type":35,"value":521},{"type":30,"tag":43,"props":1466,"children":1468},{"id":1467},"red-flags-worth-walking-away-from",[1469],{"type":35,"value":1470},"Red Flags Worth Walking Away From",{"type":30,"tag":413,"props":1472,"children":1473},{},[1474,1479,1484,1489,1494,1499],{"type":30,"tag":417,"props":1475,"children":1476},{},[1477],{"type":35,"value":1478},"Pressure to sign quickly or \"limited slots\" without a reason.",{"type":30,"tag":417,"props":1480,"children":1481},{},[1482],{"type":35,"value":1483},"Refusal to discuss custody, reserves or licensing.",{"type":30,"tag":417,"props":1485,"children":1486},{},[1487],{"type":35,"value":1488},"Fees that are large relative to the venue's real liquidity.",{"type":30,"tag":417,"props":1490,"children":1491},{},[1492],{"type":35,"value":1493},"Unwillingness to show comparable listing performance.",{"type":30,"tag":417,"props":1495,"children":1496},{},[1497],{"type":35,"value":1498},"Terms that allow delisting with little notice and no holder protection.",{"type":30,"tag":417,"props":1500,"children":1501},{},[1502],{"type":35,"value":1503},"An order book that looks active but does not hold up under test orders.",{"type":30,"tag":43,"props":1505,"children":1507},{"id":1506},"decide-which-exchanges-deserve-your-token",[1508],{"type":35,"value":1509},"Decide Which Exchanges Deserve Your Token",{"type":30,"tag":31,"props":1511,"children":1512},{},[1513,1515,1521,1523,1528],{"type":35,"value":1514},"Vetting is not about finding a perfect exchange. It is about matching venue quality to your stage. Tier-1 exchanges bring credibility but selective access; smaller venues may be easier to land but demand more scrutiny. Use ",{"type":30,"tag":230,"props":1516,"children":1518},{"href":1517},"/blog/which-crypto-exchanges-to-list-on",[1519],{"type":35,"value":1520},"which crypto exchanges to list on",{"type":35,"value":1522}," to shortlist, then run this checklist on each. Also confirm you meet the venue's ",{"type":30,"tag":230,"props":1524,"children":1525},{"href":232},[1526],{"type":35,"value":1527},"listing requirements",{"type":35,"value":1529}," before spending effort on the pitch.",{"type":30,"tag":31,"props":1531,"children":1532},{},[1533,1535,1541],{"type":35,"value":1534},"Price discovery also depends on how your token reaches the market in the first place. If you are still choosing a sale format, our comparison of ",{"type":30,"tag":230,"props":1536,"children":1538},{"href":1537},"/blog/lbp-vs-fixed-price-vs-dutch-auction-token-sale",[1539],{"type":35,"value":1540},"LBP vs fixed-price vs Dutch auction token sales",{"type":35,"value":1542}," explains how that choice affects your opening on an exchange.",{"type":30,"tag":43,"props":1544,"children":1546},{"id":1545},"connect-the-venue-to-your-liquidity-plan",[1547],{"type":35,"value":1548},"Connect the Venue to Your Liquidity Plan",{"type":30,"tag":31,"props":1550,"children":1551},{},[1552],{"type":35,"value":1553},"A listing only works if the order book is healthy from the first minute. That means matching the venue to a market making plan, deciding inventory before you sign, and confirming the exchange's API and fee tiers allow your strategy. Fibonacci Capital works with token teams on exactly this step, aligning listing venues with liquidity and market making plans before launch day.",{"type":30,"tag":31,"props":1555,"children":1556},{},[1557,1559,1564],{"type":35,"value":1558},"If you want a second pair of eyes on a listing offer before you sign it, ",{"type":30,"tag":230,"props":1560,"children":1561},{"href":516},[1562],{"type":35,"value":1563},"get in touch with Fibonacci Capital",{"type":35,"value":521},{"title":7,"searchDepth":523,"depth":523,"links":1566},[1567,1568,1569,1570,1571,1572,1573,1574,1575,1576],{"id":1125,"depth":523,"text":1128},{"id":1141,"depth":523,"text":1144},{"id":1199,"depth":523,"text":1202},{"id":1246,"depth":523,"text":1249},{"id":1280,"depth":523,"text":1283},{"id":1410,"depth":523,"text":1413},{"id":1449,"depth":523,"text":1452},{"id":1467,"depth":523,"text":1470},{"id":1506,"depth":523,"text":1509},{"id":1545,"depth":523,"text":1548},"content:blog:crypto-exchange-due-diligence-checklist.md","blog/crypto-exchange-due-diligence-checklist.md","blog/crypto-exchange-due-diligence-checklist",{"_path":277,"_dir":5,"_draft":6,"_partial":6,"_locale":7,"title":1581,"description":1582,"date":1583,"category":12,"readTime":1584,"author":11,"tags":1585,"keywords":1590,"image":1591,"body":1592,"_type":536,"_id":2142,"_source":538,"_file":2143,"_stem":2144,"_extension":541},"Crypto Exchange Listing Application Mistakes: 8 Errors That Get Tokens Rejected","Crypto exchange listing application mistakes that get tokens rejected or stalled, from thin liquidity to weak documentation, and exactly how to fix each one.","2026-10-16","9 min read",[14,1586,1587,1588,1589],"listing application","token launch","due diligence","liquidity","crypto exchange listing application mistakes, why exchange listing rejected, exchange listing application tips, token listing rejected, how to apply for exchange listing, listing due diligence","/assets/images/blog/crypto-exchange-listing-application-mistakes.jpg",{"type":27,"children":1593,"toc":2128},[1594,1600,1605,1623,1628,1634,1639,1649,1666,1672,1677,1686,1695,1718,1724,1729,1738,1762,1768,1773,1782,1799,1805,1810,1819,1835,1841,1846,1855,1870,1876,1881,1890,1907,1913,1918,1927,1949,1955,1960,2085,2090,2096,2101,2105,2116],{"type":30,"tag":43,"props":1595,"children":1597},{"id":1596},"the-short-answer",[1598],{"type":35,"value":1599},"The Short Answer",{"type":30,"tag":31,"props":1601,"children":1602},{},[1603],{"type":35,"value":1604},"Most crypto exchange listing applications are not rejected for one dramatic reason. They stall or die because of a handful of repeated, avoidable mistakes: the project applies before its market is ready, the documents contradict each other, the token distribution looks risky, or nobody can show that liquidity will survive the first week. Exchange listing teams read a large queue of applications and look for reasons to say \"not yet.\" Your job is to remove those reasons before you submit.",{"type":30,"tag":31,"props":1606,"children":1607},{},[1608,1610,1614,1616,1621],{"type":35,"value":1609},"This guide covers eight mistakes we see most often, what the listing team is actually worried about in each case, and the fix. If you want the baseline criteria first, read our overview of ",{"type":30,"tag":230,"props":1611,"children":1612},{"href":232},[1613],{"type":35,"value":235},{"type":35,"value":1615}," and the step-by-step ",{"type":30,"tag":230,"props":1617,"children":1618},{"href":264},[1619],{"type":35,"value":1620},"guide to getting listed on a crypto exchange",{"type":35,"value":1622},". This article is the failure-mode companion to both.",{"type":30,"tag":31,"props":1624,"children":1625},{},[1626],{"type":35,"value":1627},"A note on scope: exchanges differ widely, and none of them publish a full scoring model. What follows reflects common patterns in listing due diligence, not a promise of how any single venue will decide.",{"type":30,"tag":43,"props":1629,"children":1631},{"id":1630},"mistake-1-applying-before-the-market-is-ready",[1632],{"type":35,"value":1633},"Mistake 1: Applying Before the Market Is Ready",{"type":30,"tag":31,"props":1635,"children":1636},{},[1637],{"type":35,"value":1638},"The most common error is treating the application as the start of the process rather than the end of preparation. A listing team wants to know what happens to your token once it trades on their venue. If the honest answer is \"we will figure out liquidity after listing,\" the application is premature.",{"type":30,"tag":31,"props":1640,"children":1641},{},[1642,1647],{"type":30,"tag":594,"props":1643,"children":1644},{},[1645],{"type":35,"value":1646},"What they worry about:",{"type":35,"value":1648}," a new listing with an empty order book produces wide spreads, wild price swings and angry users. That reflects on the exchange, not just on you.",{"type":30,"tag":31,"props":1650,"children":1651},{},[1652,1656,1658,1664],{"type":30,"tag":594,"props":1653,"children":1654},{},[1655],{"type":35,"value":804},{"type":35,"value":1657}," before applying, have a liquidity plan with named participants, an inventory plan, and a clear picture of the first-day order book. Our guide on ",{"type":30,"tag":230,"props":1659,"children":1661},{"href":1660},"/blog/how-much-liquidity-does-a-token-need-at-launch",[1662],{"type":35,"value":1663},"how much liquidity a token needs at launch",{"type":35,"value":1665}," is a good starting point for sizing it.",{"type":30,"tag":43,"props":1667,"children":1669},{"id":1668},"mistake-2-inconsistent-or-missing-documentation",[1670],{"type":35,"value":1671},"Mistake 2: Inconsistent or Missing Documentation",{"type":30,"tag":31,"props":1673,"children":1674},{},[1675],{"type":35,"value":1676},"Listing teams cross-check everything. The whitepaper says one total supply, the website says another, and the audit report references a different contract address. Each inconsistency is a small signal of carelessness, and several together look like risk.",{"type":30,"tag":31,"props":1678,"children":1679},{},[1680,1684],{"type":30,"tag":594,"props":1681,"children":1682},{},[1683],{"type":35,"value":1646},{"type":35,"value":1685}," a team that cannot keep its own documents aligned may also mishandle disclosures, unlocks and communications after listing.",{"type":30,"tag":31,"props":1687,"children":1688},{},[1689,1693],{"type":30,"tag":594,"props":1690,"children":1691},{},[1692],{"type":35,"value":804},{"type":35,"value":1694}," build a single source of truth and check every public artifact against it before submitting. At minimum, align:",{"type":30,"tag":413,"props":1696,"children":1697},{},[1698,1703,1708,1713],{"type":30,"tag":417,"props":1699,"children":1700},{},[1701],{"type":35,"value":1702},"Total supply, circulating supply and the contract address across whitepaper, website, audit and block explorer.",{"type":30,"tag":417,"props":1704,"children":1705},{},[1706],{"type":35,"value":1707},"Team names and roles across the site, social accounts and the application form.",{"type":30,"tag":417,"props":1709,"children":1710},{},[1711],{"type":35,"value":1712},"The unlock schedule in the whitepaper and the on-chain vesting contracts.",{"type":30,"tag":417,"props":1714,"children":1715},{},[1716],{"type":35,"value":1717},"Legal entity name and jurisdiction wherever they appear.",{"type":30,"tag":43,"props":1719,"children":1721},{"id":1720},"mistake-3-a-token-distribution-that-looks-dangerous",[1722],{"type":35,"value":1723},"Mistake 3: A Token Distribution That Looks Dangerous",{"type":30,"tag":31,"props":1725,"children":1726},{},[1727],{"type":35,"value":1728},"Listing teams read tokenomics for sell-pressure risk. Heavy insider allocation, short vesting, large unlocks landing right after listing, or one wallet holding most of the circulating float all raise flags.",{"type":30,"tag":31,"props":1730,"children":1731},{},[1732,1736],{"type":30,"tag":594,"props":1733,"children":1734},{},[1735],{"type":35,"value":1646},{"type":35,"value":1737}," retail users buying at listing and then watching early holders dump. That produces complaints and reputational damage for the venue.",{"type":30,"tag":31,"props":1739,"children":1740},{},[1741,1745,1747,1753,1755,1761],{"type":30,"tag":594,"props":1742,"children":1743},{},[1744],{"type":35,"value":804},{"type":35,"value":1746}," present a distribution you can defend, and show the data. Publish the vesting schedule, link the on-chain lockups, and explain the reasoning. If your design has a very low circulating share at launch, be ready to discuss it directly; our explainer on ",{"type":30,"tag":230,"props":1748,"children":1750},{"href":1749},"/blog/low-float-vs-high-float-token-launch",[1751],{"type":35,"value":1752},"low float versus high float launches",{"type":35,"value":1754}," covers the trade-offs. For the unlock side, see ",{"type":30,"tag":230,"props":1756,"children":1758},{"href":1757},"/blog/token-unlocks-managing-sell-pressure",[1759],{"type":35,"value":1760},"token unlocks and managing sell pressure",{"type":35,"value":521},{"type":30,"tag":43,"props":1763,"children":1765},{"id":1764},"mistake-4-unverifiable-traction-and-fake-engagement",[1766],{"type":35,"value":1767},"Mistake 4: Unverifiable Traction and Fake Engagement",{"type":30,"tag":31,"props":1769,"children":1770},{},[1771],{"type":35,"value":1772},"Inflated follower counts, bought Telegram members and recycled engagement are easy to spot. Listing teams look at community quality, not only size: whether people ask real questions, whether the team answers, whether activity continues outside announcement days.",{"type":30,"tag":31,"props":1774,"children":1775},{},[1776,1780],{"type":30,"tag":594,"props":1777,"children":1778},{},[1779],{"type":35,"value":1646},{"type":35,"value":1781}," a community that exists only on paper will not generate organic trading volume, and the project may be a pump vehicle.",{"type":30,"tag":31,"props":1783,"children":1784},{},[1785,1789,1791,1797],{"type":30,"tag":594,"props":1786,"children":1787},{},[1788],{"type":35,"value":804},{"type":35,"value":1790}," report fewer numbers and make them real. Active users, retention and genuine product usage are more persuasive than a headline follower count. If you run an incentive campaign, describe it honestly as one. Our guide on ",{"type":30,"tag":230,"props":1792,"children":1794},{"href":1793},"/blog/how-to-build-a-crypto-community",[1795],{"type":35,"value":1796},"building a crypto community",{"type":35,"value":1798}," explains what healthy engagement looks like.",{"type":30,"tag":43,"props":1800,"children":1802},{"id":1801},"mistake-5-no-credible-security-posture",[1803],{"type":35,"value":1804},"Mistake 5: No Credible Security Posture",{"type":30,"tag":31,"props":1806,"children":1807},{},[1808],{"type":35,"value":1809},"A missing or outdated audit, an unaddressed critical finding, or admin keys held by a single person are common blockers. Listing teams treat a hack of a listed token as an incident of their own.",{"type":30,"tag":31,"props":1811,"children":1812},{},[1813,1817],{"type":30,"tag":594,"props":1814,"children":1815},{},[1816],{"type":35,"value":1646},{"type":35,"value":1818}," an exploit that freezes deposits or withdrawals and forces the venue into an emergency delisting.",{"type":30,"tag":31,"props":1820,"children":1821},{},[1822,1826,1828,1833],{"type":30,"tag":594,"props":1823,"children":1824},{},[1825],{"type":35,"value":804},{"type":35,"value":1827}," complete an audit before you apply, resolve or clearly explain every high-severity finding, and document who controls privileged functions. If upgradeable contracts or multisigs are involved, say so and describe the signer set. See ",{"type":30,"tag":230,"props":1829,"children":1830},{"href":357},[1831],{"type":35,"value":1832},"smart contract audits before launch",{"type":35,"value":1834}," for what a defensible audit process includes.",{"type":30,"tag":43,"props":1836,"children":1838},{"id":1837},"mistake-6-treating-the-listing-fee-as-the-whole-budget",[1839],{"type":35,"value":1840},"Mistake 6: Treating the Listing Fee as the Whole Budget",{"type":30,"tag":31,"props":1842,"children":1843},{},[1844],{"type":35,"value":1845},"Some teams negotiate or pay the listing fee and assume the spend is done. In practice the larger costs sit around the listing: market making inventory, marketing, the cost of keeping spreads tight, and sometimes incentive programs the venue expects.",{"type":30,"tag":31,"props":1847,"children":1848},{},[1849,1853],{"type":30,"tag":594,"props":1850,"children":1851},{},[1852],{"type":35,"value":1646},{"type":35,"value":1854}," a project that exhausts its budget on day one and then cannot support its own market.",{"type":30,"tag":31,"props":1856,"children":1857},{},[1858,1862,1864,1868],{"type":30,"tag":594,"props":1859,"children":1860},{},[1861],{"type":35,"value":804},{"type":35,"value":1863}," budget the full cost stack, not just the fee. Our breakdown of ",{"type":30,"tag":230,"props":1865,"children":1866},{"href":312},[1867],{"type":35,"value":1398},{"type":35,"value":1869}," shows how to think about each component. Do not rely on any number you cannot verify with the venue directly; fee structures and expectations vary and change.",{"type":30,"tag":43,"props":1871,"children":1873},{"id":1872},"mistake-7-ignoring-regulatory-and-jurisdiction-questions",[1874],{"type":35,"value":1875},"Mistake 7: Ignoring Regulatory and Jurisdiction Questions",{"type":30,"tag":31,"props":1877,"children":1878},{},[1879],{"type":35,"value":1880},"Applications that cannot answer basic questions about the legal entity, the jurisdictions where the token will be offered, and whether the token could be treated as a security tend to slow down in compliance review, regardless of how strong the product is.",{"type":30,"tag":31,"props":1882,"children":1883},{},[1884,1888],{"type":30,"tag":594,"props":1885,"children":1886},{},[1887],{"type":35,"value":1646},{"type":35,"value":1889}," regulatory exposure for the venue in the regions where it operates.",{"type":30,"tag":31,"props":1891,"children":1892},{},[1893,1897,1899,1905],{"type":30,"tag":594,"props":1894,"children":1895},{},[1896],{"type":35,"value":804},{"type":35,"value":1898}," have a short, accurate legal summary ready: the issuing entity, where it is incorporated, the restricted jurisdictions, and whether you have taken legal advice on token classification. This is not a substitute for counsel. See ",{"type":30,"tag":230,"props":1900,"children":1902},{"href":1901},"/blog/token-launch-legal-considerations",[1903],{"type":35,"value":1904},"token launch legal considerations",{"type":35,"value":1906}," for the general landscape, and speak to a qualified lawyer for your specific case.",{"type":30,"tag":43,"props":1908,"children":1910},{"id":1909},"mistake-8-a-weak-plan-for-the-first-week-after-listing",[1911],{"type":35,"value":1912},"Mistake 8: A Weak Plan for the First Week After Listing",{"type":30,"tag":31,"props":1914,"children":1915},{},[1916],{"type":35,"value":1917},"Many applications stop at the listing date. Reviewers want to see what comes next: who provides liquidity, how announcements are sequenced, how you will handle volatility, and what happens if the price moves sharply in the first hours.",{"type":30,"tag":31,"props":1919,"children":1920},{},[1921,1925],{"type":30,"tag":594,"props":1922,"children":1923},{},[1924],{"type":35,"value":1646},{"type":35,"value":1926}," a messy first week that generates support tickets, social media complaints and a bad outcome for the venue's users.",{"type":30,"tag":31,"props":1928,"children":1929},{},[1930,1934,1936,1942,1943,1947],{"type":30,"tag":594,"props":1931,"children":1932},{},[1933],{"type":35,"value":804},{"type":35,"value":1935}," attach a short post-listing plan. Cover market making coverage, communications, a point of contact on the team, and how you will respond to abnormal volume. Our ",{"type":30,"tag":230,"props":1937,"children":1939},{"href":1938},"/blog/post-tge-strategy-guide",[1940],{"type":35,"value":1941},"post-TGE strategy guide",{"type":35,"value":1400},{"type":30,"tag":230,"props":1944,"children":1945},{"href":1460},[1946],{"type":35,"value":1463},{"type":35,"value":1948}," give a template.",{"type":30,"tag":43,"props":1950,"children":1952},{"id":1951},"a-pre-submission-checklist",[1953],{"type":35,"value":1954},"A Pre-Submission Checklist",{"type":30,"tag":31,"props":1956,"children":1957},{},[1958],{"type":35,"value":1959},"Run through this list before you hit send:",{"type":30,"tag":55,"props":1961,"children":1962},{},[1963,1979],{"type":30,"tag":59,"props":1964,"children":1965},{},[1966],{"type":30,"tag":63,"props":1967,"children":1968},{},[1969,1974],{"type":30,"tag":67,"props":1970,"children":1971},{},[1972],{"type":35,"value":1973},"Area",{"type":30,"tag":67,"props":1975,"children":1976},{},[1977],{"type":35,"value":1978},"What to confirm",{"type":30,"tag":83,"props":1980,"children":1981},{},[1982,1995,2008,2021,2034,2046,2059,2072],{"type":30,"tag":63,"props":1983,"children":1984},{},[1985,1990],{"type":30,"tag":90,"props":1986,"children":1987},{},[1988],{"type":35,"value":1989},"Liquidity",{"type":30,"tag":90,"props":1991,"children":1992},{},[1993],{"type":35,"value":1994},"Named plan, inventory sized, first-day book modelled",{"type":30,"tag":63,"props":1996,"children":1997},{},[1998,2003],{"type":30,"tag":90,"props":1999,"children":2000},{},[2001],{"type":35,"value":2002},"Documents",{"type":30,"tag":90,"props":2004,"children":2005},{},[2006],{"type":35,"value":2007},"Supply, addresses, team and entity consistent everywhere",{"type":30,"tag":63,"props":2009,"children":2010},{},[2011,2016],{"type":30,"tag":90,"props":2012,"children":2013},{},[2014],{"type":35,"value":2015},"Distribution",{"type":30,"tag":90,"props":2017,"children":2018},{},[2019],{"type":35,"value":2020},"Vesting published, on-chain lockups linked, unlock calendar clear",{"type":30,"tag":63,"props":2022,"children":2023},{},[2024,2029],{"type":30,"tag":90,"props":2025,"children":2026},{},[2027],{"type":35,"value":2028},"Community",{"type":30,"tag":90,"props":2030,"children":2031},{},[2032],{"type":35,"value":2033},"Real engagement metrics, no purchased followers",{"type":30,"tag":63,"props":2035,"children":2036},{},[2037,2041],{"type":30,"tag":90,"props":2038,"children":2039},{},[2040],{"type":35,"value":699},{"type":30,"tag":90,"props":2042,"children":2043},{},[2044],{"type":35,"value":2045},"Audit complete, findings resolved, key control documented",{"type":30,"tag":63,"props":2047,"children":2048},{},[2049,2054],{"type":30,"tag":90,"props":2050,"children":2051},{},[2052],{"type":35,"value":2053},"Budget",{"type":30,"tag":90,"props":2055,"children":2056},{},[2057],{"type":35,"value":2058},"Fee plus liquidity, marketing and support costs covered",{"type":30,"tag":63,"props":2060,"children":2061},{},[2062,2067],{"type":30,"tag":90,"props":2063,"children":2064},{},[2065],{"type":35,"value":2066},"Legal",{"type":30,"tag":90,"props":2068,"children":2069},{},[2070],{"type":35,"value":2071},"Entity, jurisdictions and counsel position summarised",{"type":30,"tag":63,"props":2073,"children":2074},{},[2075,2080],{"type":30,"tag":90,"props":2076,"children":2077},{},[2078],{"type":35,"value":2079},"Post-listing",{"type":30,"tag":90,"props":2081,"children":2082},{},[2083],{"type":35,"value":2084},"Week-one plan with a named contact",{"type":30,"tag":31,"props":2086,"children":2087},{},[2088],{"type":35,"value":2089},"If any row is a \"no,\" fix it before applying. A premature application that gets declined can make a later, better application harder, because the venue already has an impression of the project.",{"type":30,"tag":43,"props":2091,"children":2093},{"id":2092},"which-mistake-matters-most",[2094],{"type":35,"value":2095},"Which Mistake Matters Most",{"type":30,"tag":31,"props":2097,"children":2098},{},[2099],{"type":35,"value":2100},"If you can only fix one thing, fix liquidity readiness. Every other mistake is about reducing risk for the venue, and the largest visible risk to a new listing is a thin, unstable order book. Projects that arrive with a credible market making and liquidity plan answer the question the listing team cares about before they ask it.",{"type":30,"tag":43,"props":2102,"children":2103},{"id":505},[2104],{"type":35,"value":508},{"type":30,"tag":31,"props":2106,"children":2107},{},[2108,2110,2115],{"type":35,"value":2109},"Fibonacci Capital works with token teams on liquidity and market making ahead of listings, so the order book is not a question mark when the application lands. Preparing the market first usually makes every other part of the application easier to defend. If you are mapping out a listing, ",{"type":30,"tag":230,"props":2111,"children":2112},{"href":516},[2113],{"type":35,"value":2114},"talk to us about pre-TGE and listing readiness",{"type":35,"value":521},{"type":30,"tag":31,"props":2117,"children":2118},{},[2119,2121,2127],{"type":35,"value":2120},"For a related look at how derivatives venues evaluate your market, see ",{"type":30,"tag":230,"props":2122,"children":2124},{"href":2123},"/blog/perpetual-futures-funding-rates-token-teams",[2125],{"type":35,"value":2126},"perpetual futures funding rates for token teams",{"type":35,"value":521},{"title":7,"searchDepth":523,"depth":523,"links":2129},[2130,2131,2132,2133,2134,2135,2136,2137,2138,2139,2140,2141],{"id":1596,"depth":523,"text":1599},{"id":1630,"depth":523,"text":1633},{"id":1668,"depth":523,"text":1671},{"id":1720,"depth":523,"text":1723},{"id":1764,"depth":523,"text":1767},{"id":1801,"depth":523,"text":1804},{"id":1837,"depth":523,"text":1840},{"id":1872,"depth":523,"text":1875},{"id":1909,"depth":523,"text":1912},{"id":1951,"depth":523,"text":1954},{"id":2092,"depth":523,"text":2095},{"id":505,"depth":523,"text":508},"content:blog:crypto-exchange-listing-application-mistakes.md","blog/crypto-exchange-listing-application-mistakes.md","blog/crypto-exchange-listing-application-mistakes",1792372899460]