Main Takeaways

  • Binance introduces Locked Addresses and Concentration Indicator features to enhance token transparency and help users make more informed decisions.

  • These features make it easier for users to evaluate token distribution and volatility risks directly within the Binance interface.

  • The release is part of Binance’s broader effort to set industry standards for token transparency and user empowerment.

In crypto markets, transparent and reliable information about the tokens users are trading is key to making informed decisions. Tokenomics can be complex, and users need easy-to-understand signals to assess risk and opportunity. At Binance, we’re committed to giving you the tools that help trade confidently and stay informed.

That’s why we’re introducing two new features: Locked Addresses and Concentration Indicator, designed to give our users greater visibility into token supply dynamics and potential volatility risks. These additions build on our broader token information transparency push, which aims to set new benchmarks for how the industry surfaces essential data.

Locked Addresses: Clearer Insights Into Circulating Supply

As they go to market, many crypto projects choose to lock a portion of their tokens for strategic reasons, such as to incentivize long-term commitment from team members, investors, or the community. These tokens are held in locked addresses and remain inaccessible until a predetermined “vesting” period ends.

Our new Locked Addresses feature makes these important supply details visible directly within the Binance platform. Users can now verify whether a portion of a project’s token supply is indeed locked, track how much is involved, and factor that into their trading decisions.

This visibility is critical. A project’s circulating supply is one of the most fundamental inputs into understanding price dynamics. By surfacing locked address information, we allow users to separate circulating tokens from those that are inaccessible, helping avoid misinterpretations of market cap or liquidity.

You’ll find this information by heading to a token’s Info tab and hovering over Circulating Supply. From there, you can examine how locked addresses relate to overall token distribution. It’s a simple tool with powerful implications: better data for users, greater accountability for projects, and a more transparent market overall.

Concentration Indicator: A Signal for Volatility Risk

Another question traders often ask is (or definitely should be asking): How concentrated is this token? If a few holders control most of the supply, the risk of sudden price moves can be much higher. But until now, there hasn’t been an easy way to gauge that concentration in one place.

With our new Concentration Indicator, users get a snapshot of how widely distributed the ownership of a token is, using a weighted average formula that captures concentration both within and outside the Binance platform. We blend and normalize these inputs into a 0–100 score. A higher score means greater concentration, suggesting that a small number of holders may have outsized influence on the token’s price, while a lower score indicates broader distribution and, potentially, lower volatility risk.

Users can view the score and use it as one of several factors in making their investment decisions. It’s not about predicting the future, but rather about giving users a better sense of the landscape they’re navigating.

A Broader Commitment to Transparency

These new features aren’t isolated updates. They’re part of a multi-phase effort to raise the bar for token transparency across the industry. Since 2024, Binance has been steadily adding tools that give users deeper insights without requiring them to leave the platform.

Here’s what we’ve introduced so far:

  • Token Unlock and Vesting Schedules (September 2024): We integrated data from CoinMarketCap to let users view upcoming token unlocks and vesting timelines directly on Binance.

  • Token Methodology Update (February 2025): We revamped how we calculate and display market cap and circulating supply, factoring in unlock schedules for greater accuracy.

  • Financial Reports (April 2025): We began linking to projects’ financial reports right on their token information pages, giving users an even more complete picture.

Final Thoughts

As crypto grows more sophisticated, so must the tools that users rely on to engage with it. At Binance, we believe transparent tokenomics is key to building trust, encouraging healthy market behavior, and reducing the risk of misinformation or manipulation.

Yi He, Binance co-founder, put it simply: “We’ve heard clearly from the community that users want more transparency and tools to better understand the tokens they are trading... Binance is not just making more token information available, we are setting new standards in increasing market transparency.”

Our goal is not just to inform, but to educate and empower. The more users know about how a token works – who holds it, when it unlocks, how it circulates – the better decisions they can make. And the more projects know that transparency is expected, the better our whole ecosystem becomes.

We’re proud to lead on this front, and we welcome feedback from our users as we continue to improve. And as always, your input helps us build better.

Further Reading