Binance Reveals Bonding Curve Feature—But It's Not Like Solana’s Pump.fun
2025-07-14 15:45:10
Main Idea
The article discusses Binance Wallet's new token generation event model using a bonding curve mechanism, similar to Solana's meme coin launchpad, but with an application requirement for token launches.
Key Points
1. Binance Wallet introduces a token generation event model using a bonding curve mechanism, inspired by Solana's meme coin launchpad.
2. Unlike Pump.fun, users must apply to launch a token on Binance Wallet, maintaining a prerequisite similar to the exchange launchpad introduced in January 2024.
3. The new feature is developed in collaboration with Four.meme, a Binance Smart Chain-based launchpad, with the top token EGL1 having a $92.1 million market cap.
4. The first bonding curve-based token generation event will be on BNB Chain, announced via Binance Wallet's official X account.
5. Bonding curves allow price determination during the token generation event, with tokens potentially listed on Binance's centralized exchange and traded via decentralized exchanges.
Description
Users will be required to apply in order to launch a token via Binance’s new “token generation event model,” a spokesperson confirmed.
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