YEREVAN (CoinChapter.com) — BNB Chain liquidity program is offering $100 million in BNB tokens to projects securing listings on centralized exchanges (CEXs). Announced on March 24, the initiative aims to increase liquidity for BNB-based projects.
The program will operate on a first-come, first-served basis and run for an initial three-month trial. Only projects that meet eligibility criteria can apply for incentives.
BNB Chain previously launched two smaller programs, allocating $4.4 million in February and March to encourage memecoin and ecosystem token listings.
BNB Chain Liquidity Program Requirements
The BNB Chain liquidity program sets strict criteria for participation. Projects must have a market capitalization of at least $5 million and $1 million in daily trading volume to qualify.
Rewards depend on the exchange listing. The highest incentives, up to $500,000 in permanent liquidity, are available for projects listing on Binance or Coinbase.
Some incentives will be non-withdrawable BNB liquidity, while others will include token purchases to support two-sided liquidity pools on CEXs.
BNB Chain’s Position in Blockchain Rankings
The BNB Chain ecosystem holds $5.4 billion in total value locked (TVL), ranking fourth among blockchain networks, according to DefiLlama. It follows Ethereum ($46 billion) and Solana ($7 billion) in TVL rankings.
BNB Chain, affiliated with Binance, supports decentralized applications (dApps) and DeFi projects. Despite its position, it continues to compete with smart contract platforms with higher TVL.
BNB Chain and Binance Regulatory Developments
Reports from The Wall Street Journal in March suggested that entities linked to Donald Trump were in discussions to buy Binance.US, an independent crypto exchange.
Former Binance CEO Changpeng “CZ” Zhao denied claims that the deal was connected to Trump granting a pardon related to Zhao’s Bank Secrecy Act violation case. Binance agreed to a $4.3 billion settlement in 2023 for regulatory violations.
The BNB Chain liquidity program comes as Binance navigates legal matters, while the BNB Chain ecosystem expands liquidity efforts for CEX-listed tokens.
