SUP, the native token of meme-perp app Superp, can be listed on a number of exchanges at present, together with Binance Alpha and Bitget.
Abstract
- SUP, the native token of Superp, is about to debut on Binance Alpha at present at 10:00 AM UTC, adopted by listings on Bitget, KuCoin, and MEXC an hour later.
- A complete of 1 billion SUP tokens can be minted at TGE, with 5% allotted for airdrops.
- Previously referred to as Vanilla Finance, Superp is a meme-focused perpetual DEX on BNB Chain.
In an official X announcement, Binance mentioned it will record SUP for buying and selling on Binance Alpha, a highlight part throughout the crypto alternate that highlights early-stage or trending crypto tasks, on Aug. 5 at 10:00 AM UTC.
Binance Alpha will function the preliminary launch platform for SUP, with the itemizing set to align with the venture’s Token Technology Occasion going down on the identical day.
As well as, Binance has introduced an upcoming airdrop for SUP tokens, which can be distributed to eligible customers primarily based on the Alpha Factors they’ve gathered via taking part in Binance Alpha occasions and campaigns.
Whereas a Binance Alpha itemizing doesn’t assure a full itemizing on the primary Binance alternate, tasks that exhibit robust neighborhood engagement, wholesome liquidity, and sustained development typically have a better chance of being upgraded to the first platform.
An hour following the Binance Alpha itemizing, the token may even be listed on Bitget, KuCoin, and MEXC, all at 11:00 AM UTC on the identical day.
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SUP tokenomics
In keeping with its launched tokenomics, the TGE will set up its complete provide at 1 billion SUP tokens on the BNB chain. Notably, 5% of the max provide, or 50 million tokens, are earmarked for airdrop within the TGE occasion.
Out of the whole, 5% or 50 million SUP tokens have been earmarked for airdrops within the TGE occasion. In the meantime, 19% is reserved for ecosystem development, 6% for advertising and marketing, and 5% for liquidity.
Different allocations embody 35% for the neighborhood reserve, 10% for the Superp staff. The remaining is break up between early traders and advisors.
What’s Superp?
Superp is a meme-fueled perpetual DEX that lets customers commerce high-volatility property, together with meme cash, DeFi tokens, and crypto shares, with as much as 10,000× leverage and no liquidation threat. It’s constructed on BNB Chain and makes use of a novel “NoLiquidation Perps” mechanism to ship high-risk, high-reward buying and selling in a gamified format.
The venture initially launched in 2023 below the identify Vanilla Finance, however later rebranded to Superp final month to raised mirror its meme-centric id.
Superp just lately surpassed $37 billion in buying and selling quantity and onboarded over 6 million customers, making it one of many fastest-growing perpetual DEXs in Web3.
On July 9, the venture accomplished a seed spherical led by UOB Ventures & Brooker Group, and backed by different distinguished names like Sei Community and Tapbit.
Its native token, SUP, will energy the platform’s operations and can be used for governance, ecosystem rewards, and entry to options throughout Superp’s suite of buying and selling merchandise.
Waiting for 2026, Superp plans to roll out normal perps, crypto-stock derivatives, and broaden to Solana, whereas introducing DAO governance and constructing a full-stack perp infrastructure throughout chains.
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Disclosure: This text doesn’t symbolize funding recommendation. The content material and supplies featured on this web page are for instructional functions solely.
