INIT Debuts on Binance With $1 Million Trading Promo and Launchpool Staking Rewards

INIT was listed on Binance with trading for INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY pairs starting on 2025-04-24 at 11:00 UTC. Binance launched a $1,000,000 INIT trading promotion and included INIT in a Launchpool project, allowing users to stake tokens for INIT rewards. The trading promotion is available to users trading at least $10 worth of INIT on Spot before May 1. INIT serves as the gas and governance token for the Initia blockchain, which is built on the Cosmos SDK and supports MoveVM, cross-chain communication, and AMM liquidity integration at Layer 1. At launch in April 2025, about 14.88% of INIT's total supply was in circulation.