Historical replay · ZIL/USD
Zilliqa's 22% Hour on an Exchange Delisting Notice (October 2026)
In the 07:00 UTC hour of October 16, 2026, Zilliqa fell from $0.00346 to $0.00259 after the Korean exchange Upbit said it would delist ZIL on November 16. Replay a delisting shock in 15-minute candles, from the quiet hours before to the drift lower that followed.
Zilliqa (ZIL) is a smart-contract blockchain launched in 2019 whose token had already been placed on a delisting watchlist by Upbit, South Korea's largest exchange, in July 2026 after a flaw in a Ledger wallet integration. On October 16, Upbit announced that it would end support for its ZIL/KRW and ZIL/BTC markets on November 16, with withdrawals possible until December 16.
The token had spent the Asian night between $0.00329 and $0.00343 on Binance, trading a few tens of thousands of dollars an hour. In the 07:00 UTC hour, 16:00 in Seoul, it fell from $0.003455 to a low of $0.002591, a drop of 25% from high to low, and closed the hour at $0.002697, down 22%, on $1.4 million of volume, more than ten times the busiest hour of the night.
There was no bounce. The price traded between $0.00260 and $0.00278 for the rest of the European session, slipped below $0.00255 in the US afternoon as the wider market sold off, and continued lower overnight to $0.002314 in the 03:00 UTC hour on October 17, 33% below the price before the notice. Binance separately said it would stop offering ZIL to users in Brazil from October 27, a local restriction rather than a delisting.
A delisting from a major exchange removes a market, not just a headline, and Korean exchanges account for a large share of trading in many mid-sized tokens. The replay shows the characteristic shape: one hour of forced selling at any price, then a slow drift as holders who missed the first move sell into the remaining liquidity.