Binance Alpha has launched Bluefin's decentralized exchange token, BLUE, on May 14, 2025. This initiative is aimed at enhancing transparency and efficiency in derivatives trading.
The Bluefin Foundation emphasizes the token’s role in decentralizing the derivatives market and providing governance and liquidity incentives.
Market reactions are being observed, with BLUE priced at $0.12 and a market cap of $27.51 million, alongside compliance strategies to address regulatory challenges.
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