This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply.
Fellow Binancians,
Binance is excited to introduce a new Token Generation Event (TGE) model on Binance Wallet featuring the Bonding Curve mechanism — a dynamic pricing approach that adjusts token prices based on demand. Launched in collaboration with Four.Meme, this marks the first TGE on our platform to feature this mechanism.
How Does the Bonding Curve Mechanism Work:
A bonding curve is a dynamic pricing model where the token price is adjusted automatically based on the number of tokens purchased directly from the bonding curve contract during the Token Generation Event (TGE). As more tokens are purchased, the price gradually increases along a predefined curve. This means the token price is not fixed and fluctuates based on demand throughout the event. In a Bonding Curve-based TGE, users buy tokens with BNB within Binance Wallet. These tokens can only be transacted within the Bonding Curve ecosystem during the subscription period. During the event, users have two options:
Sell their purchased tokens back to other participants within the bonding curve ecosystem during the subscription period; or
Wait until the tokens become freely transferable and tradable on Binance Alpha after the event ends.
Please note: Once Buy Orders are placed, they cannot be cancelled, and the BNB deposited is locked until the event concludes.
To learn more, please refer to this FAQ - “What Is a Bonding-Curve Based TGE on Binance Wallet”.
Benefits of the Bonding Curve Model:
Trade Tokens Before Official Launch: Users can trade tokens directly on the Event Landing Page throughout the TGE, giving them early trading opportunities before tokens become transferable and tradable on Binance Alpha or Decentralised Exchanges.
Increased Participation Opportunities: If early buyers choose to sell their tokens during the event, it frees up supply for others, allowing more users to participate throughout the TGE.
Fair and Transparent Pricing: The token price adjusts automatically along a predefined curve based on demand, providing a transparent and rules-based pricing mechanism.
The first project using this Bonding Curve TGE model will be announced on the official Binance Wallet X account on 2025-07-15. Stay tuned for more information!
Bonding Curve Based TGE Timeline:
Phase 1: Purchase Using Bonding Curve Pricing
Users place Buy Orders for non-transferable tokens with BNB through Binance Wallet following a first-come, first-served model. Prices adjust dynamically based on demand, and individual purchase limits apply to ensure fair participation.
Phase 2: Managing Sold-Out and Ongoing Purchases
If the maximum cap is temporarily reached, Buy Orders can still be placed and may be fulfilled as other users sell tokens, maintaining token availability throughout the event. Please note that once Buy Orders are placed, they cannot be cancelled, and the BNB used will remain locked until the TGE ends.
Phase 3: Event Countdown and Conclusion
The TGE runs on a fixed countdown. After it ends, new orders are no longer accepted. Unfulfilled or excess orders due to oversubscription are cancelled, and users can claim refunds for their unused BNB after the event concludes.
Phase 4: Token Transferability and Admission
After the event closes, non-transferable tokens convert to transferable tokens. The project then admits tokens on Binance Alpha, opening the market for trading.
Please note: As this is a Bonding Curve-based TGE, token prices are not fixed and vary based on demand. The final price of tokens you claim may be different from what you expect. Please ensure you understand and accept the risks involved with Bonding Curve TGEs.
Subscription Information
Participant Eligibility: To qualify, participants must have a sufficient number of Binance Alpha Points according to the eligibility criteria for this event.
Allocation of Tokens: Based on a first-come, first-served basis, with prices adjusting dynamically based on the bonding curve.
Order Restrictions: Orders placed during the limit-up phase (when the cap is reached) cannot be cancelled, and BNB used for these orders will remain locked and refunded only after the event concludes.
Please ensure you have sufficient BNB balance in your Binance Wallet (Keyless) before participating. Your allocation of tokens will be proportional to the BNB balance in your Binance Wallet (Keyless). In the event that you do not have any BNB balance, you may not be able to participate in the TGE.
For more information, including activity rules, visit the Event Page that will be shared on the official Binance Wallet X account on 2025-07-15. Please read all the rules and details thoroughly and conduct your own research before committing.
For More Information
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-07-14
Note: This announcement was amended on 2025-07-15 to clarify that in Phase 4, the project admits tokens on Binance Alpha, opening the market for trading.
Disclaimer: Binance Wallet is an optional product. It is your responsibility to determine if this product is suitable for you. Binance is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. Please carefully review the Binance Wallet Terms of Use and always do your own research.
Binance Alpha features emerging digital assets which are not listed on the Binance Exchange. The labelling as an Alpha Asset does not imply that such asset will be listed on the Binance Exchange. You may lose all or part of what you invested. Please note that (i) Alpha Assets are exposed to increased price volatility, and therefore higher risks (ii) you are exposed to price slippage and blockchain fees (iii) Alpha Assets cannot be withdrawn from the Binance Exchange. Binance will not be responsible for any losses that you may incur arising from an investment in Binance Alpha Assets
The price of tokens acquired through participation in the Bonding Curve Based TGEs is not fixed and it can fluctuate depending on market forces and demand for the token. Tokens can only be transacted between users also participating in the Bonding Curve Based TGE during the subscription period. You are responsible to ensure you understand and accept the risks associated with participating in Bonding Curve Based TGEs, including but not limited to the market volatility, dynamic pricing and project-specific risks. Participation in Bonding Curve Based TGEs does not guarantee any profit, return, or liquidity. Users should conduct their own due diligence before participating.