On August 5, 2025, TOWNS was introduced on Binance through a "HODLer Airdrop" and was listed on Binance Alpha for pre-market trading.

The token was listed with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The exact price fluctuated, but the pre-market value was conservatively estimated at $0.08 per token.

TOWNS is the native token of the Towns Protocol, a decentralized messaging and community platform.

Think of it as a user-owned, Web3 version of platforms like Discord. The project aims to give users control over their digital spaces, with the TOWNS token being used for governance, staking, and gaining access to exclusive communities.