INIT Debuts on Binance With Launchpool Event and 1 Million Token Prize Pool, Powering Modular Blockchain

INIT was listed on Binance with the INIT/USDT trading pair on April 24, 2025, and added to Binance Futures as a USDⓈ-M INIT Perpetual Contract. Binance Launchpool featured INIT with a trading promotion and a 1,000,000 INIT prize pool from April 24 to May 1, 2025, with around 30 million INIT allocated to the Launchpool. INIT is the native token of the Initia platform, which uses a modular Layer 1 and Layer 2 architecture based on Cosmos SDK, supports EVM and CosmWasm smart contracts, and has a capped supply of 1 billion tokens.