On June 20, 2025, Binance launched two groundbreaking features—Locked Addresses and the Platform Concentration Indicator—designed to enhance token transparency and equip users with critical insights for informed trading. These tools underscore Binance’s commitment to setting industry standards for transparency, empowering its 280 million users to navigate the crypto market with confidence.
Key Highlights
Locked Addresses: Provides visibility into a token’s locked supply, helping users understand true circulating supply and its impact on market dynamics.
Platform Concentration Indicator: Offers a 0–100 score to gauge token ownership concentration, signaling potential volatility risks.
Transparency Leadership: Part of Binance’s ongoing mission to deliver actionable data, building on features like Token Unlock Schedules (September 2024), Token Methodology Updates (February 2025), and Financial Reports (April 2025).
Locked Addresses: Clarity on Token Supply
Understanding a token’s circulating supply is crucial for assessing its market cap and liquidity. Many projects lock portions of their token supply to incentivize long-term commitment, holding these tokens in locked addresses until a vesting period ends. Binance’s new Locked Addresses feature makes this data accessible directly on the platform.
How It Works: Navigate to a token’s Info tab and hover over Circulating Supply to view details on locked tokens, including the amount and its proportion to the total supply.
Why It Matters: By distinguishing locked tokens from circulating ones, users can better evaluate price dynamics, avoid misinterpretations, and make data-driven trading decisions.
Impact: Enhances project accountability and fosters a more transparent market by providing clear, verifiable supply data.
Platform Concentration Indicator: Assessing Volatility Risk
Token concentration—how widely or narrowly a token’s supply is distributed—can significantly influence price volatility. Binance’s Platform Concentration Indicator simplifies this analysis with a 0–100 score based on two factors:
Distribution of Binance User Holdings: Measures how concentrated a token’s ownership is among Binance users.
Binance’s Share of Circulating Supply: Evaluates Binance’s holdings relative to the token’s total circulating supply.
Scoring Guide:
0–20: Low concentration, broader distribution, potentially lower volatility risk.
20–35: Medium concentration, moderate risk.
35+: High concentration, indicating a few holders may have significant price influence.
How to Use It: Access the score on a token’s Info tab to gauge concentration as one factor in your investment strategy.
Why It Matters: A simple, standardized metric empowers users to assess risk without needing external tools, enhancing decision-making in volatile markets.
Binance’s Commitment to Transparency
These features are part of Binance’s multi-phase effort to lead the industry in token transparency:
September 2024: Integrated Token Unlock and Vesting Schedules from CoinMarketCap, enabling users to track upcoming unlocks directly on Binance.
February 2025: Updated Token Methodology to improve market cap and circulating supply calculations, incorporating unlock schedules.
April 2025: Added links to projects’ Financial Reports on token information pages for a comprehensive view of project health.
These initiatives reflect Binance’s mission to provide users with reliable, in-platform tools, reducing reliance on external data and minimizing misinformation risks.
A Word from Binance Co-Founder Yi He
“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.”
Why This Matters
Empowered Users: Clear data on locked addresses and concentration helps traders make informed choices.
Healthier Markets: Transparency encourages responsible project behavior and reduces manipulation risks.
Industry Leadership: Binance’s tools set a benchmark for exchanges, fostering trust across the crypto ecosystem.
Get Started
Explore these features today on the Binance platform and leverage the Locked Addresses and Platform Concentration Indicator to trade smarter. Visit a token’s Info tab to dive into the data, and share your feedback to help Binance continue refining its tools.
For visuals to share this milestone, download images from our Google Drive folder. Join Binance in shaping a more transparent and accessible crypto future!
