Binance Launches Bonding Curve Token Sale Model
Binance has unveiled a Pump.fun-style bonding curve token sale model via Binance Wallet in partnership with Four.Meme. The bonding curve token sale dynamically adjusts prices based on real-time demand. Users place buy orders with BNB and Binance Alpha Points that lock funds until the event closes. Early buyers benefit from lower entry prices, while subsequent purchases push costs higher. Orders cannot be cancelled and unfilled allocations are refunded if oversubscribed. Post-sale, tokens become transferable and tradable on Binance Alpha. The first bonding curve token sale event is set for July 15 on Binance Wallet X. This launch follows a surge in memecoin projects like LetsBONK on Solana and comes amid a recent $75,000 loss in PUMP tokens reported by Lookonchain. Binance’s model aims to improve fairness, dynamic price discovery and market participation in token launches.
Bullish
The bonding curve token sale model introduces transparent dynamic pricing and refunds unfilled orders, reducing bot-driven volatility and enhancing price discovery. In the short term, requiring BNB for participation could boost BNB demand and trading volume for new tokens. Long term, the model may attract more projects and traders to Binance’s ecosystem, improving liquidity and token valuations. These factors support a bullish outlook.