Binance to List Maple Finance and Kamino Finance for Spot Trading

Binance has announced the listing of Maple Finance (SYRUP) and Kamino Finance (KMNO) for spot trading. Trading for the new pairs, SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC, will commence on May 6, 2025, at 15:00 UTC. Users can begin depositing SYRUP and KMNO an hour before trading opens.

Withdrawals for these tokens will be available starting May 7, 2025, at 15:00 UTC. Notably, Binance has set the listing fee at 0 BNB, making it accessible for users to engage with these new trading pairs.

Transition from Binance Alpha to Spot Trading

Both SYRUP and KMNO are currently listed on Binance Alpha Market but will be delisted once spot trading begins. Users can transfer their tokens from Alpha Accounts to Spot Accounts one hour after the announcement. Binance will automatically transfer these assets from Alpha to Spot Accounts at 06:00 UTC, one working day after the spot listing.

Binance Alpha serves as a pre-listing token selection pool. Once a project is listed on Binance Spot, it will no longer be featured on Binance Alpha. The seed tag, indicating higher volatility and risk, will be applied to SYRUP and KMNO.

Understanding Maple Finance and Kamino Finance

Maple Finance is an on-chain institutional lending platform, while Kamino Finance operates as a leading borrow/lend protocol on Solana, offering various yield and liquidity solutions. Both tokens are relatively new and may experience high price volatility. Binance advises users to conduct thorough research and exercise risk management before trading.

To trade tokens marked with a seed tag, users must pass quizzes every 90 days on Binance Spot and/or Binance Margin platforms. This requirement ensures users are aware of the associated risks. A risk warning banner will also be displayed for all tokens with seed tags.

Trading eligibility for these pairs is subject to regional restrictions. Currently, users in countries such as Canada, the United States, and others listed by Binance will not be able to trade these pairs. The list of restricted countries may change due to legal and regulatory updates.

For more details, the full announcement can be accessed here.

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