INIT Debuts on Binance With $1M Trading Promotion and Launchpool Staking, 14.88% Supply Circulates

On April 24, 2025, Binance listed Initia (INIT) and launched trading for the INIT/USDT pair. This was accompanied by a $1,000,000 INIT trading promotion and Launchpool staking for INIT rewards. At listing, about 14.88% of INIT's total supply was in circulation. INIT is the gas and governance token for the Initia blockchain, which uses the Cosmos SDK, supports MoveVM, enables cross-chain communication, and integrates Layer 1 AMM liquidity.