This blog post introduces two new features from Binance: Locked Addresses and the Platform Concentration Indicator. The aim is to enhance token transparency and help users make more informed decisions.
Key takeaway: Binance is committed to providing tools that help users trade confidently and stay informed, as well as setting new standards for how the industry presents essential data.
Locked Addresses:
◦ This feature allows users to see important details about token supply. Many crypto projects lock a portion of their tokens for strategic reasons, and these tokens reside in locked addresses and cannot be accessed until the designated 'vesting' period ends.
◦ This new feature helps users verify whether a portion of the token supply is locked, track the number of related tokens, and factor this into their trading decisions.
◦ This information helps users distinguish between circulating tokens and inaccessible tokens, thereby avoiding misunderstandings about market capitalization or liquidity.
◦ Users can find this information by going to the 'Info' tab of a token and hovering over 'Circulating Supply'.
Platform Concentration Indicator:
◦ This feature provides an overview of the ownership distribution of a token, using a weighted formula focused on concentration within the Binance platform.
◦ This metric measures market concentration by assessing two key factors: the asset distribution of Binance users and Binance's holdings in the total circulating supply of the token.
◦ Score from 0-100: A higher score (closer to 100) indicates higher concentration, suggesting that a small number of holders may significantly influence the token's price, potentially leading to higher price volatility risk.
◦ A lower score indicates broader distribution and, potentially, lower volatility risk.
◦ Users can view this score and use it as one of many factors in making their investment decisions.
Broader commitment to transparency:
◦ These new features are part of Binance's multi-phase effort to enhance the transparency standards of tokens across the industry.
◦ Binance has introduced other tools since 2024, including:
▪ Token unlocking and vesting schedule (September 2024).
▪ Update on token calculation methods (February 2025).
▪ Financial report (April 2025), with direct links to the project's financial reports on the token information page.
◦ Binance's goal is not only to provide information but also to educate and empower users, believing that the transparency of tokens is key to building trust and promoting healthy market behavior.