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Dai

DAI is a decentralized stablecoin from MakerDAO (now Sky), soft-pegged to the US dollar. It is backed by crypto collateral locked in smart contracts rather than bank reserves. DAI is a cornerstone of DeFi, functioning as a dollar that lives entirely on-chain without a central issuer.

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Coincheck to End Handling of FLR and DAI on November 2

Coincheck announced on September 28 that it will discontinue handling of FLR (Flare) and DAI on November 2, citing continued declines in liquidity. The delisting date is November 2, 2026, and Flare's external transfers will stop at 2 p.m. that day. For DAI, exchange trading and inbound deposits will stop at 2 p.m. on October 26, followed by a halt to transfers at 2 p.m. on November 2. The company cited declining market liquidity for Flare, and for DAI it pointed to declining market liquidity as well as reduced project continuity on the part of the issuer. Regarding DAI, other domestic exchanges had already announced delistings or temporary suspensions of handling, against the backdrop of the issuer, the MakerDAO project, moving its brand toward the new stablecoin USDS. Among domestic crypto exchange operators, a trend of thinning out listed tokens has been conspicuous: on September 4, Bitpoint announced the delisting of six tokens and SBI VC Trade announced three, one after another, and on September 9, GMO Coin also announced the delisting of three tokens.
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Digital Finance & Tokenization › Crypto Exchanges, Custody & Digital-Asset Infrastructure Competition
CNCK · Regulation · Negative Coincheck is delisting FLR and DAI from its exchange, thinning its listed token lineup.
DAI · Regulation · Negative Coincheck will halt DAI trading, deposits, and transfers on November 2, citing declining liquidity and reduced issuer project continuity.
FLR · Regulation · Negative Coincheck will discontinue handling of FLR on November 2, citing continued declines in liquidity.
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