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Binance Notice: Update on ZKJ & KOGE Volatility and Alpha Points Calculation

Binance has observed unusual price volatility in ZKJ and KOGE. Our preliminary analysis indicates that this was primarily caused by large holders withdrawing on-chain liquidity, which triggered a cascade of liquidations across the market.

To promote market fairness, enhance stability, and reduce the systemic risks associated with concentrated holdings, Binance will be updating the rules for Alpha Points calculation.

Effective from 00:00 UTC on June 17, 2025, trading volumes involving pairs between Alpha tokens will no longer be included in the Alpha Points calculation.

We appreciate your understanding and continued support.