Binance has added another token to its list by listing Berachain (BERA), an innovative Layer-1 blockchain based on Cosmos SDK that is compatible with Ethereum Virtual Machine (EVM). With its unique Proof of Liquidity (PoL) concept, Berachain presents a new solution to combine network security and DeFi liquidity.
๐ What is Berachain (BERA)?
Berachain is a blockchain ecosystem designed to support DeFi applications and strengthen network security through a liquidity-based staking model. With PoL, users can stake their assets while still contributing to the DeFi ecosystem without sacrificing liquidity.
๐น Blockchain Layer-1 berbasis Cosmos SDK & EVM
๐น Konsensus Proof of Liquidity (PoL)
๐น Focus on DeFi and on-chain liquidity
๐ BERA Listing Details on Binance
๐ Listing Date: February 6, 2025
๐ Trading Pairs: BERA/BTC, BERA/USDT, BERA/USDC, BERA/BNB, BERA/FDUSD, BERA/TRY
๐ Current Price: ~$7.07
๐ฐ Market Cap: ~$869.46 million
๐ 24 Hour Trading Volume: ~$1.41 billion
In addition to spot trading, Binance also supports BERA through its Earn, Convert, Margin, and Futures services.
๐ BERA Airdrop for Binance Users
2% of the total initial supply of BERA is allocated as an airdrop to Binance users who participate in the Simple Earn program on January 22-26, 2025. If you participate in this program, check your Binance balance now!
๐ฅ Future Potential of Berachain
With PoL innovation and a strong DeFi ecosystem, Berachain has the potential to be one of the most exciting Layer-1 projects in 2025. However, be aware of market volatility and do your research before investing.
What do you think about BERA listing on Binance? Is this a project worth keeping an eye on? ๐ค๐