Binance Alpha is giving out living expenses again. The points threshold is 194, and $XTER is worth 85U. As a fixed income every month, if the dog doesn't do it, I will.
So which coin is the best to use now? Of course it's $BLUE!
$BLUE is Bluefin, the largest trading platform on the SUI chain, and also the only decentralized protocol on the SUI chain that simultaneously has four major products: perpetual contracts, spot, RFQ quotes, and lending.
Founder Michael Luo previously worked at Citadel developing high-frequency trading systems. The core team comes from Google, Dfinity, dYdX, etc.
The financing is also the strongest in the SUI ecosystem - backed by top VCs and Wall Street hedge funds, including Polychain, Brevan Howard, SIG, Tower Research, Wintermute, GSR, CMS and other top players.
The performance of $BLUE in the SUI ecosystem is obvious to all and remains at the top:
Spot + Perp trading volume exceeds $60B
TVL exceeds $160M
Contract trading volume accounts for 85%+ of the SUI ecosystem
Annual revenue $8M
The project is absolutely reliable, and Binance Alpha is now also conducting a SUI ecosystem trading competition. As shown in the picture, the project team is offering 5 million $BLUE as a reward.
So without further ado, in one sentence, just do it! And rushing in now allows you to 'kill four birds with one stone'!
1. Low trading attrition, easy to earn points
Currently, the transaction fee for $BLUE is only 0.01%, with very low slippage, making it very comfortable to use. In my personal test, buying and selling with 1000U + Gas only costs 0.2 ~ 0.3U. With 8000U, I made a small wave and even earned 2U, haha.
2. Trading competition, divide 5 million $BLUE
From May 17th to May 31st, as long as the trading volume ranks in the top 8000, you can share, with an average of about 625 coins, worth 60+ USDT at the current price.
3. Galxe tasks are launched simultaneously
$BLUE has also launched interactive tasks on Galxe. Just complete these four simple tasks to get a 20USDT + 10 Points reward. These are all regular tasks, with no difficulty.
Task entry >> http://app.galxe.com/quest/bluefin/GCJN7tmBAb
4. Spot Beta expectation
From the team background, product maturity, and data performance, Bluefin is very excellent. As the top player on the SUI chain, it has now been included in Binance Alpha, and it is very likely to become the next batch of popular tokens listed on Binance spot.
Moreover, looking at the FDV / public chain ratio compared to major public chains, $BLUE is ridiculously low:
What does that mean? Now is the time to pan for gold in the floor price range.
The project team has been doing things recently, not only launching events and tasks, but also accelerating product iteration and ecological expansion. At the same time, it is collaborating with Yap, the reputation platform on the SUI chain, which is very popular in overseas communities.
So $BLUE has a very strong spot Alpha attribute. Now it's not just about farming points and completing tasks, it's more likely to be a good opportunity to ambush the spot bull market.
In summary: If you missed UNI, JUP, don't miss $BLUE!
$BLUE is currently one of the few projects that truly has: fast on-chain speed, experience comparable to centralized exchanges, strong institutional backing, high product revenue, and is being listed on Binance.
This wave of 'killing four birds with one stone', if you don't act now, it will be too late to FOMO when it hits the Binance hot list!