INIT Debuts on Binance With 1,000,000 INIT Prize Pool Promotion
INIT was listed on Binance on April 24, 2025, with INIT/USDT spot and perpetual contracts available. Binance is holding a spot trading promotion for INIT/USDT with a 1,000,000 INIT prize pool from April 24 to May 1, 2025. INITUSDT perpetual contracts offer up to 5x leverage and support Futures Copy Trading. INIT is the native token of the Initia platform, which uses Layer 1 and Layer 2 architecture, is built on Cosmos SDK, supports EVM and CosmWasm smart contracts, and is used for transaction fees, staking, network security, and governance. Trading volume for INIT/USDT exceeded $319 million in the first 24 hours after listing.