INIT Debuts on Major Exchanges With 1 Million Token Giveaway
INIT was listed on Binance, Kraken, and KuCoin on April 24, 2025. Binance introduced spot and perpetual contracts for the INIT/USDT pair and launched a trading promotion with a 1,000,000 INIT prize pool from April 24 to May 1, 2025. INIT is the native token of the Initia platform, which uses a modular Layer 1 and Layer 2 architecture built on Cosmos SDK and supports EVM and CosmWasm smart contracts, with a capped supply of 1 billion tokens. The INIT/USDT pair saw a trading volume of about 462.90 million INIT and 320.45 million USDT in the first 24 hours.