Help & FAQs / The Next Evolution of CoinList

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What is changing at CoinList?

CoinList is going fully noncustodial and onchain. We are simplifying the product to focus on one core job: helping people access high quality token sales and receive tokens directly into wallets they control. 

Instead of holding assets in CoinList custody, you will use noncustodial wallets where you hold your own keys and control your funds. Later this year, we will introduce these noncustodial wallets in partnership with Privy. 

If you currently hold assets in CoinList custody, we will make migrating them simple and safe.

You will receive emails about product changes that affect you, and we will keep our Next Evolution of CoinList Help Center articles updated as new features roll out.

For more information, please see our blog post “The Next Evolution of CoinList.” 


Other The Next Evolution of CoinList Questions

The End of Custodial Staking: What You Need to Know

As shared in our recent announcement, CoinList is moving to a fully non-custodial, on-chain model.  As part of this transition, there will be several important changes to Staking and onchain offers:

  • Staking and onchain offers will wind down by November 30, 2025. We’ll introduce non-custodial ways to participate in these opportunities next year.
  • Final rewards for assets currently enrolled in autostaking (AXL, SOL, CSPR, SUI) and onchain offers (LBTC, USDe, weETH, wstETH) will be paid out by November 30.

What does “fully noncustodial and onchain” mean?

Noncustodial means you control your wallet and your keys. Your assets sit in a wallet under your control, not in CoinList custody. CoinList does not have access to your funds.

Onchain means token sales, distributions, trading, and other activity will happen directly on public blockchains instead of inside a centralized custodial platform.

In short, you hold your own keys and stay in control of your assets at all times. For more context, see our blog post The Next Evolution of CoinList.

What happens to my pending token unlocks and distributions?

We are reviewing the best path for future token unlocks and distributions as we move toward a non custodial model. Our primary focus is to ensure a smooth and secure process for users who are still awaiting tokens. Every user will receive the tokens they are entitled to.

We will provide clear instructions once the plan is finalized.

When will Trading end on CoinList, and what do I need to do?

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model. 


This change requires your attention to your existing assets.


Key Deadlines & Trading Changes


  • Custodial Trading Ends: Trading is now restricted to sell only mode and limited to USDC and USDT and will wind down completely by November 30, 2025.

  • Future Trading: We plan to launch integrated decentralized trading next year.

  • Action for Users: Please check your balances and decide if you need to trade any assets before the November 30th deadline.


Critical Conversion Notice

  • Withdrawals will not be available for the following assets. Any remaining balances in these assets held in your CoinList wallet after November 30, 2025, will be automatically converted to USDC on your behalf

    • 0G, AERO, APT, ASTER, AVNT, BNB, BONK, EFI, EFIL, ENJ, FLOW, HYPE, JUP, KMNO, MET, PYTH, S, TAO, XLM, XPL, XRP, ZRO.


  • Assets You Must Withdraw: Trading is no longer available for the assets listed below. You can only withdraw these assets:

    • TST, HMT, PLAY



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