With the end of the leveraged trading, risks will no longer be transmitted, avoiding a chain reaction. However, those who added to the koge-zkj pool are suffering significant losses, having undergone a social experiment.

Dear Binance users:

Binance has detected significant fluctuations in the prices of ZKJ and KOGE at the first opportunity. Preliminary investigations show that this is due to several exchanges and token whales on-chain withdrawing liquidity and a series of cascading liquidations.

To maintain the fairness and stability of the market and reduce systemic risks from centralization, Binance will adjust the calculation rules for Alpha points. Starting from June 17, 2025, 08:00 (UTC+8), the trading volume of trading pairs between Alpha tokens will no longer be included in the effective trading volume statistics for Alpha points.

Thank you for your understanding and support.