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Cryptocurrency News Articles
title: Binance (BNB) Lists Two New Decentralized Finance (DeFi) Altcoins: Maple Finance (SYRUP) and Kamino Finance (KMNO)
May 07, 2025 at 03:55 am
The world's top crypto exchange by trading volume is listing two new decentralized finance (DeFi) altcoins.
Binance, the world’s leading digital asset exchange, is adding two new decentralized Finance (DeFi) altcoins to its rapidly growing spot markets.
According to a recent announcement by the exchange, both Maple Finance (SYRUP) and Kamino Finance (KMNO) will be listed on Binance’s spot markets, with a seed tag applied.
“Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) and open trading for the following spot trading pairs at 2025-05-06 15:00 (UTC). New Spot Trading Pairs: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC.”
Binance’s seed tag is a classification applied to cryptocurrencies that are still in the early stages of development and may not yet have a fully launched product or a significant user base. These tokens tend to be characterized by high volatility and carry greater investment risks compared to more established and mature crypto assets.
Despite this, or perhaps because of it, these tokens tend to generate huge interest among crypto traders, especially as they are often heavily funded and have clear use cases for their tokens.
One token responding positively to the listing is SYRUP, which saw gains of 42% on the day, with the token now trading for $0.242.
“Finally got a new token listing today. Yay!
“Finally got a new token listing today. Yay!
Now you can trade SYRUP and KMNO on Binance.
Good luck with your trades! ”
Another token being listed is KMNO, which saw less gains of around 3% in the last 24 hours, seeing the token trade for $0.078 at the time of writing.
“Binance is listing Maple Finance (SYRUP) and Kamino Finance (KMNO), two new cryptocurrency tokens, on its spot markets on Monday.
Both tokens will be listed on Binance’s spot trading platform at 3:00 p.m.
“Binance will begin listing SYRUP and KMNO and open trading for the following spot trading pairs at 2025-05-06 15:00 (UTC): SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC,” the exchange announced.
What is Maple Finance?
Maple Finance is a DeFi platform focused on facilitating efficient institutional lending. Through its platform, accredited borrowers can readily access fixed-rate loans, which are typically not available in DeFi.
To secure these loans, borrowers must provide a significant amount of collateral, rendering it an ideal avenue for institutions seeking larger loan amounts.
Moreover, Maple Finance leverages blockchain and smart contracts to enhance the transparency and efficiency of traditional credit markets.
What is Kamino Finance?
Kamino Finance is a DeFi platform on Solana that aims to simplify yield generation and liquidity management.
The platform is designed to provide users with a seamless experience for optimizing their cryptocurrency investments through various DeFi protocols.
Kamino Finance's protocol is designed to automate liquidity provision across different protocols, aiming to achieve optimal capital efficiency.
The platform also offers an integrated token management system, simplifying the process of interacting with multiple DeFi protocols.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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