Binance added three tokens to its Monitoring Tag list on July 24, triggering sharp price drops for Across Protocol (ACX), Lisk (LSK), and Stacks (STX). The exchange uses the tag to flag assets with higher volatility and risk, and tokens that fail to meet its criteria can be delisted. Within hours, LSK hit an all-time low of $0.074, ACX fell to $0.286 — its lowest since March — and STX dropped to $0.143, a level not seen since late 2020.
What the Monitoring Tag means
Binance applies the Monitoring Tag to tokens that show signs of elevated risk. The exchange reviews these projects regularly, looking at team commitment, development activity, trading volume, network stability, changes to tokenomics, and any evidence of fraud or negligence. A tag doesn't guarantee delisting, but it's a warning. Previous tokens that received the tag and were later removed include Beefy.Finance (BIFI), Measurable Data Token (MDT), FunToken (FUN), Orchid (OXT), FIO Protocol (FIO), and Wanchain (WAN).
Why these three tokens got flagged
Binance didn't specify a single reason for each token. The criteria are broad. For Lisk, a blockchain platform that launched in 2016, the price had already been sliding for months. The Monitoring Tag news pushed it to a record low. Across Protocol, a cross-chain bridge, saw its token drop to levels last seen in March. Stacks, which brings smart contracts to Bitcoin, fell to its lowest price since late 2020. At press time, LSK was down 3.85%, ACX down 1.14%, and STX down 7.05%.
What happens next
Binance will continue to monitor the projects. If they fail to meet the exchange's standards, they could be delisted — meaning trading pairs would be removed and users would have to withdraw before a cutoff date. The exchange hasn't set a deadline for these three tokens. For now, holders are left watching the price charts and waiting for Binance's next review.
