I will be sending legitimate emails to a list of recipients and some of them are probably obsolete by now.
I wish to know, based on the email bounces, which are obsolete and delete them from the database. Except VERP I haven't seen anything standardized for this task.
Is there some other way that you know about?
There is no other way than VERP. DSN mails are good to extract the precise reason of bouncing, but not all servers send standard DSN mails. In addition to that, DSN mails can be forged which may be an issue. You can add a simple digital signature to a VERP address.