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Binance Will Remove the Seed Tag for BONK, EIGEN, ETHFI, PENGU & PEPE on 2025-07-21

Published on 2025-07-21 02:29

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Based on recent reviews, Binance Dubai will remove the Seed Tag for selected tokens on 2025-07-21.

The tokens to be removed from the Seed Tag list are: 

  • Bonk (BONK)

  • EigenLayer (EIGEN)

  • ether.fi (ETHFI)

  • Pudgy Penguins (PENGU)

  • Pepe (PEPE)

Tokens with the Seed Tag represent new, innovative projects that may exhibit higher volatility and risks compared to other listed tokens. 

Binance Dubai will conduct periodic project reviews and decide if the Seed Tag should be removed from tokens as per its latest findings. These criteria are considered during the review:

  • Commitment of team to project

  • Level and quality of development activity

  • Trading volume and liquidity

  • Stability and safety of network from attacks

  • Level of public communication, community engagement, and transparency

  • Responsiveness to our periodic due diligence requests

  • Evidence of unethical/fraudulent conduct or negligence

  • New regulatory requirements

  • Material/unjustified increase in token supply or changes to tokenomics

  • Impact from changes to the project’s ownership structure or to the core team members

  • Community sentiments

Please note:

  • Other services related to the aforementioned tokens will not be affected. 

  • The Seed Tags for the aforementioned tokens will be updated shortly after the publishing of this announcement.

  • There may be discrepancies in the translated version of the original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

We thank you for your support as we continue to build the crypto ecosystem in a way that promotes transparency and long-term, sustainable growth.

Thank you for your support!

Binance Dubai Team

2025-07-21

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Binance FZE is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider (VASP Reference: VL/24/04/001).

Risk warning: Virtual Asset prices can be extremely volatile. The value of your investment may go down or up and you may lose some or all of the amount invested. You are solely responsible for your investment decisions. Binance is not liable for any trading losses you may incur and your investment does not benefit from any form of financial protection. This communication should not be regarded as financial advice. For more information, see our Terms of Use and Risk Warning.