The Initia (INIT) token has officially launched today, April 24, 2025, following its six-day farming period on Binance Launchpool. INIT is now actively trading on multiple major centralized exchanges, including Binance, KuCoin, MEXC, Bybit, Gate.io, and Bitget 
🔹 INIT Token Overview
Current Price: Approximately $0.6686 USD
24-Hour Trading Volume: Over $123 million
Circulating Supply: Approximately 148.75 million INIT
Total Supply: 1 billion INIT
Market Cap: Around $99.5 million
🔹 Exchange Listings and Trading Pairs
INIT is available for trading on the following exchanges:
Binance: Trading pairs include INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY .
KuCoin: INIT/USDT pair, with support for margin and futures trading, as well as various trading bots and savings products .
MEXC, Bybit, Gate.io, and Bitget: INIT/USDT pairs available .
🔹 Binance Ecosystem Integration
Starting today, INIT is integrated across several Binance services:
Simple Earn: Flexible products available from 11:00 UTC
Buy Crypto: Purchasable via various payment methods within one hour after spot listing
Convert: Zero-fee conversions against BTC, USDT, and other assets
Margin Trading: INIT/USDT and INIT/USDC pairs live at 11:20 UTC
USDⓈ-M Futures: Available for trading .
🔹 Tokenomics and Distribution
INIT has a fixed supply of 1 billion tokens, distributed as follows:
Staking & Liquidity Rewards: 25%
VIP Rewards: 25%
Protocol Developers: 15%
Protocol Sales: 15.25%
Foundation: 7.75%
Binance Launch Campaign: 6%
Airdrop: 5%
Echo.xyz Community Sale: 1% .
Developers and early investors will receive a combined 30.25% of the supply, subject to a four-year vesting schedule, including a one-year lock-up followed by a three-year linear release .
🔹 Incentives and Promotions
Binance Trading Event: Users can share a 1 million INIT prize pool by trading INIT between April 24 and May 1, 2025 .
KuCoin Deposit Campaign: Users depositing INIT before April 30, 2025, at 16:00 UTC will receive a 50 USDT spot trading fee discount coupon for the INIT/USDT pair .