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- 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
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Binance's subsidiary CoinMarketCap releases its own launchpad "CMC Launch".
The data platform "CoinMarketCap (CMC)" under the cryptocurrency exchange Binance announced on the 15th that it has started offering a launch pad called "CMC Launch" for new projects to release their tokens.
First, as the initial project, the DEX (Decentralized Exchange) "Aster," supported by "YZi Labs," which has been rebranded from Binance Labs, is adopted for perpetual futures. Currently, users can earn points to receive airdrops of Aster's native token "AST."
What is perpetual futures?
A type of derivative trading that allows leverage trading of virtual currencies. Also known as "perpetual trading," it has no expiration date and allows positions to be held indefinitely by paying a fee.
CMC Launch is a platform that connects project parties before token issuance with CMC users. While other companies also offer launch pads, CMC explained that CMC Launch differentiates itself by requiring strict requirements from the projects it adopts.
The CEO of CMC, Rush Liu, has made the following comments regarding this announcement.
The cryptocurrency space is flooded with thousands of projects, and every project is competing to attract attention. CMC Launch aims to be a meeting place for users actively looking for new projects and potential new projects.
As the home base for cryptocurrencies, we welcome Aster as the first to be adopted and will introduce it to our community in the world.
Overview of Aster
Aster is currently a DEX available on the BNB Chain (BNB) and Arbitrum (ARB) blockchains. In addition to YZi Labs, it has partnered with PancakeSwap and Pendle.
A major feature as a DEX is that it targets all traders, from beginners to experienced users. It offers a simple mode where users can trade with leverage of up to 100 times with one click, and a pro mode equipped with advanced tools for skilled traders.
Users can earn points for airdrops by trading perpetual futures in pro mode or by issuing and holding specified assets.
In addition, it is explained that they will increase the corresponding blockchains in the future.