Bybit will terminate its Kadena (KDA) services, including delisting the KDA/USDT spot pair, by October 28, 2025, following Kadena Foundation’s announcement to cease operations due to market conditions.
Market reactions are significant as Kadena Foundation’s exit impacts KDA trading and services, although mining rewards remain available to support blockchain continuity.
Bybit’s announcement of terminating Kadena services marks a significant shift, driven by the Kadena Foundation’s operational shutdown.
This strategic decision, effective October 2025, involves the cessation of all KDA-related activities on the Bybit platform, reflecting underlying market volatility and structural changes.
Bybit Halts Kadena Services Amid Foundation Closure
Bybit announced the early termination of Kadena (KDA) services, effective late October 2025. This includes phasing out all KDA-related pairs and usage on its platform, prompted by Kadena Foundation’s operational shutdown.
The Kadena Foundation declared a halt to all business operations due to current market conditions. It emphasized a commitment to maintain network functionality via independent miners. This structural change comes as Bybit ceases related services.
Implications of KDA Service Termination on Bybit
The removal affects KDA spot trading, perpetual contracts, and lending services on Bybit. Users are advised to manage their holdings accordingly. Discussions on potential impacts remain limited due to the sudden announcement.
This decision could influence financial practices surrounding KDA, potentially altering liquidity and trading dynamics. There are no regulatory updates mentioned, underscoring uncertainty in the market’s reaction and related technological adjustments.
No Precedent for Layer 1 Token Service Suspension
No directly similar events have been noted regarding Layer 1 tokens. This situation reflects the ongoing challenges within the volatile cryptocurrency market without a benchmark for immediate comparison.
Insights from Kanalcoin highlight heightened market unpredictability post-announcement, with potential impacts on related tokens’ valuations. Observers suggest careful attention to how miners and the remaining network infrastructure might adapt.
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