Upbit Delists Crypto Asset as Trading Support Ends November 16, 2026

Upbit Ends ZIL Support on November 16

South Korean exchange Upbit will terminate trading support for Zilliqa (ZIL) on November 16, 2026, the venue's official delisting announcement confirms. The token's markets close at 09:00 on that date, after which buy and sell orders for ZIL will no longer be available on the platform. The decision is the endpoint of a process that began earlier: the altcoin had already been placed on Upbit's delisting watchlist, a designation the exchange applies when questions surface about whether a listed asset still meets its standards. Placement alone does not remove a token; it puts it under periodic review, with continuation or removal decided once the venue completes its evaluation.

In the review it has now published, Upbit states that the issues behind the watchlist placement were not resolved to its satisfaction. The notice frames the move purely as the outcome of that assessment: the exchange found the outstanding problems remained open and therefore chose to end trading support rather than keep the token under observation. No single incident is cited as the trigger, and no corrective plan from the Zilliqa project is referenced in the announcement. What the notice does fix precisely is the timeline. Trading support ends on November 16, 2026 at 09:00, which gives holders a defined window to adjust positions on the venue before markets close. After that moment, ZIL's order books on Upbit stop running.

The sequencing is explicit. Upbit first flagged ZIL, held it through a review period, and issued the termination only once it judged the flagged issues unresolved. That sequencing matters for every other asset on the venue's watchlist: a listing there is provisional, and the outcome depends entirely on whether the project addresses the exchange's concerns. In ZIL's case the answer came back negative, and the removal date was set.

Bithumb Delists ZIL, Extends MANTRA Review

Bithumb, South Korea's other leading exchange for the token, announced a parallel decision: it too will delist Zilliqa. ZIL, which functions as the Zilliqa network's governance token, will come off the platform, but Bithumb's notice is less specific than Upbit's. The exchange confirmed the removal yet did not disclose the date its ZIL markets will close, leaving Korean traders without an exact deadline on that venue. The same cycle also produced a second, separate decision: the monitoring period for MANTRA, whose delisting review Bithumb had opened earlier, has been extended, meaning the evaluation of that token continues rather than ending in removal.

The two outcomes illustrate how listing oversight works at major Korean venues. Exchanges can review listed assets at regular intervals against their own criteria, which typically span a project's tokenomics, its disclosure quality and the integrity of its markets; where problems emerge and are not fixed, the venue can end trading support. An extension of time on a watchlist is not a delisting. It signals only that the asset remains under review while the exchange gathers what it needs to decide. ZIL has now run out of that runway on two of the country's largest platforms, which means the token loses its retail trading access in South Korea across both venues once the removals complete. Neither notice names a penalty, a legal action or a market-manipulation finding; both keep the specifics of the unresolved issues to themselves.

Our live monitoring shows ZIL down roughly 14.5% over the past 24 hours as the dual delisting news spread. For Korean holders the practical effect arrives in stages: the ability to place any of the standard order types in ZIL disappears on Upbit on November 16, and on Bithumb whenever that venue sets its cut-off.

A coordinated exit from Upbit and Bithumb strips ZIL of its most concentrated retail access points, and the 14.5% one-day drop our monitoring recorded shows the market pricing that loss of access immediately. Neither announcement offers holders anything after the removal dates; Upbit's notice gives no post-delisting schedule beyond the November 16 close, so the exit window is the one the exchange set. Bithumb's lack of a date only widens the uncertainty. The one forward signal on record is Bithumb's MANTRA extension: its review process is still running, so other flagged assets may yet return a different verdict than ZIL. For live levels while the exit window runs, our ZIL technical analysis page tracks the asset's support and resistance picture.