Upbit Delists SPURS Fan Token: What Traders Need to Know

South Korean exchange Upbit has officially delisted the Tottenham Hotspur Fan Token (SPURS) from its spot market, citing ongoing evaluation criteria. This move follows a prior caution notice and aligns with a broader trend of fan token delistings on major exchanges. For traders holding SPURS, understanding the implications and remaining liquidity channels is critical.

What Happened and Why It Matters

Upbit’s delisting of SPURS is not an isolated event. The exchange had previously issued a caution notice for the token in April 2026, and Bithumb also delisted SPURS around the same time. Such actions typically occur when a token fails to meet listing standards—such as trading volume, market depth, or community engagement—over a valuation period.

SPURS, launched in 2023 on the Chiliz Legacy Chain, is a fan token tied to Tottenham Hotspur Football Club. While fan tokens offer unique engagement utilities, they often face liquidity challenges outside their native ecosystem. The delisting reduces SPURS’ accessibility on centralized exchanges, potentially impacting price stability and trading activity.

Token Snapshot

• Symbol: SPURS
• Name: Tottenham Hotspur Fan Token
• Platform: Chiliz (CHZ) — token address: 0x93D84Ff2c5F5a5A3D7291B11aF97679E75eEAc92
• Total Supply: 40,000,000 SPURS
• Circulating Supply: ~12.46 million SPURS (self-reported)
• 24-Hour Trading Volume: ~$1.58 million (across 22 markets)
• Tags: Sports, Fan Token, Chiliz Chain Ecosystem

Despite the delisting, SPURS remains tradable on other centralized exchanges such as OKX, where the SPURS/USDT pair sees active volume. However, Binance does not currently list SPURS, limiting top-tier exchange exposure.

Risk Notes

Disclaimer: Delistings can lead to reduced liquidity and increased volatility. Always assess your risk tolerance and consider the token’s fundamentals before trading.

• Exchange Concentration: With Upbit and Bithumb removing SPURS, reliance on fewer exchanges may amplify price swings.
• Fan Token Volatility: Fan tokens are highly sentiment-driven and can experience sharp moves during club events or market shifts.
• Regulatory Uncertainty: South Korean exchange actions may signal tighter scrutiny on fan tokens in the region.

Where to Trade SPURS Now

SPURS is still available on OKX and other smaller exchanges. For automated trading and access to multiple pairs, consider using our dedicated bot: Trade with our bot.

Stay informed and trade cautiously as the SPURS market adjusts to these exchange changes.