BNB Chain

BNB Chain has launched a permanent liquidity support program with a total of 100 million USD, rewarding the native tokens of the top ten exchanges in the ecosystem

ChainCatcher message, after the previous two phases of $4.4 million liquidity activities, BNB Chain announced today the launch of a new $100 million permanent liquidity support program. This initiative aims to enhance on-chain liquidity by incentivizing the native project tokens of BNB Chain and collaboratively building long-term value for the industry.The activity starts today and will run for a trial period of 3 months, with adjustments made based on community feedback. BNB Chain native tokens listed on the following three categories of centralized exchanges will be eligible for corresponding rewards, with exchange rankings based on CMC spot rankings and standards:Category 1: Binance, Coinbase, Upbit - listing on any one of these can earn a maximum reward of $500,000.Category 2: Kraken, Bybit, and OKX - listing on any one of these can earn a maximum reward of $250,000.Category 3: Bitget, Mexc, Gate.io, Kucoin, Crypto.com - each listing can earn a reward of $10,000, with a maximum of $50,000.Each project can repeatedly earn rewards, with a single project eligible for a maximum of $800,000 in liquidity rewards across the three categories.Award requirements: The token must be a new token issued after the start of the activity and must be 100% a native token of BNB Chain. The token issuance time must exceed 48 hours to be eligible for rewards.On-chain basic requirements: Market capitalization of no less than $5 million, at least 10,000 unique wallet addresses, daily average on-chain trading volume of no less than $1 million, and distribution of tokens, etc.Final rewards will be distributed in the form of permanent liquidity. Before the rewards are distributed, BNB Chain will announce the reward list on its official Twitter for community review. Any cheating behavior will result in disqualification, and the first user to provide evidence of cheating will receive a $10,000 BNB Chain reward.

The BNB Chain liquidity competition is in full swing: the Meme sector is leading strongly, and the daily trading volume of BSC DEX has topped the entire network for two consecutive days

ChainCatcher news, according to GMGN data, the ongoing $4.4 million liquidity support program for BNB Chain's second round competition weekly ranking shows significant pattern differentiation. Currently, among the top 50 projects, the Meme sector occupies half of the seats with 22 entries, followed by AI (7), DeFi (6), and gaming (3).The trading volume dimension shows a two-tier differentiation trend, with Meme projects contributing 72.52% of the absolute share, among which 59% of Meme project tokens have increased by over 20%. The DeFi sector ranks second with a 14.61% share, with more than 60% of projects achieving over 20% growth. The AI sector contributes 1.75% of the trading volume, while the DeFi derivatives field accounts for 8.67%. Notably, among the top 50 participating projects, 24 have achieved over 20% growth during the competition period, with some assets experiencing nearly a hundredfold increase in a single day.Additionally, according to DeFilama's monitoring on March 18, the 24-hour trading volume of BSC ecosystem DEX reached $2.544 billion, surpassing Ethereum ($1.348 billion) to top the public chain DEX trading leaderboard.The second round of the liquidity incentive program is currently in full swing, and the latest developments of various early projects on BSC can be captured through official channels.
ChainCatcher Building the Web3 world with innovators