Binance, a leading global cryptocurrency exchange, announced the listing of Maple Finance (SYRUP) and Kamino Finance (KMNO) tokens on its platform on May 6, 2025. Spot trading for the tokens began at 3:00 p.m. UTC, according to a statement from the exchange.
The new trading pairs available are SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC. Binance has designated both tokens with a “Seed Tag,” indicating newer projects that may exhibit higher volatility and risk compared to established cryptocurrencies.
Deposits for SYRUP and KMNO were enabled one hour after the announcement on May 6. Withdrawals are set to commence today, May 7, 2025, at 3:00 p.m. UTC, Binance confirmed.
As part of the listing process, SYRUP and KMNO were removed from Binance’s Alpha platform, a testing ground for emerging tokens, upon the start of spot trading. Binance stated that any remaining SYRUP and KMNO balances in users’ Alpha Accounts were automatically transferred to their Spot Accounts at 6:00 a.m. UTC on May 7.
Binance urged users to conduct thorough research before trading, citing the potential risks associated with newer tokens. “Users should fully understand the projects and assess the risks involved,” the exchange said in its announcement.
The listing aligns with Binance’s ongoing efforts to expand its offerings, though it comes amid heightened scrutiny of cryptocurrency exchanges globally.
Maple Finance and Kamino Finance are decentralized finance (DeFi) protocols, with SYRUP and KMNO serving as their respective governance tokens.
For more details, users can refer to Binance’s official announcement at binance.com
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