As of April 25, 2025, the INITtoken—associated with the Initia project—has garnered significant attention following its recent listing on Binance. To celebrate this event, Binance has launched a promotion offering a share of a 1,000,000 INIT prize pool to eligible users who trade INIT between April 24 and May 1, 2025. However, trading activities have faced some disruptions. Coinbase has temporarily halted the INIT-PERP market on its International Exchange and Coinbase Advanced platforms. During this halt, traders can post and cancel limit orders, but no matches will occur. Traders should stay alert and exercise caution amid volatility.
