BNB Chain has introduced a new $100 million liquidity initiative aimed at bolstering native tokens on major cryptocurrency exchanges.
The Permanent Liquidity Support Program, which is set to launch on March 24, 2025, follows two previous rounds that collectively provided $4.4 million in liquidity assistance to various projects.
Now, the Binance ecosystem blockchain, driven by BNB (BNB), is rolling out a substantial $100 million permanent liquidity initiative, specifically designed for projects reaching listing targets on top centralized crypto exchanges.
According to BNB Chain, incentivizing CEX-listed native projects is expected to stimulate further expansion and momentum within the entire ecosystem.
“In Round 1, we allocated $2.2M in permanent liquidity to leading memecoins. Round 2 broadened the scope to encompass all sectors and increased the pool to $4.4M. Now, Round 3 builds upon this success, focusing on CEX listings across all sectors,” BNB Chain shared on X.
This new initiative will extend support to memecoins, artificial intelligence, decentralized finance, gaming, and various other industry categories.
Projects will be classified into three tiers: tier 1 consists of tokens listed on Binance, Coinbase, and Upbit; tier 2 includes Kraken, Bybit, and OKX. The final group will reward projects listed on Bitget, MEXC, Gate.io, KuCoin, and Crypto.com. Rewards can reach up to $500,000, $250,000, and $50,000 for each tier respectively.
To qualify, tokens must be fully native to the BNB Chain and not have been previously listed on any exchanges. Additionally, they must meet certain on-chain criteria, such as a minimum market cap of $5 million, at least 10,000 holding addresses, and a daily average trading volume of $1 million or more.
Initially, BNB Chain plans a three-month trial for this program, which will then be evaluated for potential long-term implementation based on performance outcomes.