OpenEden ( $EDEN ) is rumored to be listed on Binance alpha around 5 PM today, below is a bit of research from the doctor.
📊 1️⃣ Founder
Founded by former Goldman Sachs and ByBit employees, the known co-founder and CEO is Jeremy Ng.
💰 2️⃣ Financing, investor details
• May 2023: Raised $5 million ( $5M ), with lead investor being UXD Protocol.
• September 2024: Seed round financing, specific amount not disclosed (some sources mention total financing of approximately $1.5 million, but primarily confirm $5M as early round).
• Total financing amount: at least $5 million ( $5M ), plus undisclosed investment from Binance Labs.
The project's TVL (Total Locked Value) has reached 234 million USD ($234M).
It is reported that the project has received investment from YZi Labs (originally Binance Labs) and has close cooperation with the Binance ecosystem.
🪙 3️⃣ Airdrop Situation
Airdrop situation: When Binance launched EDEN trading on September 30, 2025, it simultaneously conducted a HODLer airdrop, with a total of 15 million EDEN (accounting for 1.5%).
In addition, the project party also provided an airdrop query tool on the official website, distributing airdrops to users participating in its 'Bills Points Activity'.
📈 4️⃣ Positive
Track Potential: OpenEden is in the popular track of Real World Assets (RWA), dedicated to tokenizing traditional assets like U.S. Treasury bonds, aligning with the development trend in the financial sector.
Compliance Advantage: The project emphasizes compliance, with its TBILL fund receiving high recognition from top rating agencies such as Moody's, and collaborating with traditional financial institutions like Bank of New York Mellon, which helps attract institutional investors.
Exchange Support: Gained listing support from mainstream exchanges like Binance, providing initial liquidity and market attention for the tokens.
📉 5️⃣ Negative
Information Transparency: The financing details and investor backgrounds of the project have not been fully disclosed.
Market Data Chaos: There are significant discrepancies in key data such as price and market capitalization shown on different platforms, posing high risks.
Smart Contract Risk: There are reports that a certain EDEN contract found on the BSC chain has not been verified and is marked as 'Honeypot', meaning investors may not be able to sell after buying. When trading, be sure to confirm the correct contract address through official channels.
🧐 6️⃣ Medical Summary
Its total supply is 1 billion EDEN, with an initial circulating supply of 183,870,000 at launch (accounting for 18.39% of total supply).
RWA big deal, the project's current pre-market price of 0.82 Yuan is still very imaginative. It is estimated that after going live on alpha, it could hit 1u.
💹 7️⃣ Information Sources
Project white paper, official Twitter, RootData, MEXC, http://whales.market, etc.
#OpenEden #EDENAirdrop