HomeCoinsBinance Introduces BANK and MET to Its Spot Market

Binance Introduces BANK and MET to Its Spot Market

-

Listing Alert: Binance Expands Spot Trading with Lorenzo Protocol (BANK) and Meteora (MET)

In a move that underscores Binance’s role as the world’s leading crypto exchange—handling over 37% of global Bitcoin spot volume in H1 2025—the platform has announced the listing of two promising DeFi tokens on its spot market: BANK from Lorenzo Protocol and MET from Meteora AG. Effective November 13, 2025, at 17:00 TRT (10:00 UTC), trading pairs including BANK/USDT, BANK/USDC, BANK/TRY, MET/USDT, MET/USDC, and MET/TRY will go live, offering users diverse fiat and stablecoin gateways amid a market cap hovering at $3.57 trillion. Both tokens carry Binance’s “Seed Tag,” a cautionary label for newly introduced, high-volatility projects, signaling potential risks but also explosive upside for early traders.

This listing arrives as crypto digests a mild 0.8% dip today, with Bitcoin at $103,080 and Ethereum near $3,502, following the U.S. government’s 43-day shutdown resolution. Binance’s addition of BANK and MET—both rooted in Solana’s DeFi ecosystem—could inject fresh liquidity and hype, especially as spot trading volumes on the exchange hit record highs in July 2025 ($2.55 trillion in futures alone). As X users buzz, “Binance listings = instant pumps—BANK up 70% already, MET riding the wave.” In this article, we unpack the tokens, the listing’s implications, and why this could signal a DeFi resurgence in late 2025.

The timing is strategic: With stablecoin volumes at $19.4 billion YTD and RWAs tokenization projected to hit $16 trillion by 2030, Binance’s fiat integrations (like TRY pairs) cater to emerging markets, where P2P volumes grew 7-10% monthly this year. Deposits for both tokens opened earlier today, with withdrawals following on November 14 at 17:00 TRT—standard protocol to prevent immediate dumps.

What Are BANK and MET? A Quick Token Primer

Binance’s spot market, supporting over 1,492 trading pairs and 413 coins with fees as low as 0.075% via BNB discounts, is a launchpad for emerging projects. BANK and MET, both Solana-based, fit this mold:

  • BANK (Lorenzo Protocol): The governance and utility token for Lorenzo Protocol, a DeFi platform focused on leveraged yield farming and liquidity provision. With a total supply of 1 billion, BANK enables staking for boosted APYs and DAO voting on protocol upgrades. Pre-listing, it surged over 70% to $0.13, boasting a $72 million market cap—driven by Solana’s meme and AI agent hype in Q1 2025. As part of Binance Alpha’s 9.5% conversion rate to spot (190+ projects vetted), BANK’s listing centralizes liquidity, potentially mirroring Solana ecosystem tokens’ 30% average post-listing gains.
  • MET (Meteora AG): MET powers Meteora, a dynamic AMM (automated market maker) on Solana emphasizing concentrated liquidity pools for efficient trading. Its 500 million total supply supports fee sharing and governance, with integrations for RWAs and tokenized assets. Trading at $0.53 post-announcement (up 10%+), MET’s $250 million cap reflects strong DeFi traction, especially in a market where Solana hosts 32% of Binance Alpha projects.

Both carry the Seed Tag due to their nascent stage—high volatility from low liquidity and unproven track records—but this hasn’t dampened enthusiasm, with X threads predicting “Binance effect” pumps akin to UNI’s 24.8% surge today.

Market Impact: Liquidity Centralization and Price Action

Binance listings are catnip for traders: Historical data shows a 20-50% average 24-hour spike, with 9.5% of Alpha projects graduating to spot for sustained growth. BANK and MET’s transition from Alpha to spot centralizes liquidity, reducing fragmentation and boosting adoption—key in a consolidating market where DeFi TVL holds at $167.5 billion despite a 0.8% cap dip.

Immediate effects:

  • Price Surges: BANK’s 70% pre-listing rally and MET’s 10%+ jump signal FOMO, with volumes potentially exploding on TRY pairs for Turkish users (Binance’s fiat gateway in emerging markets).
  • Broader DeFi Lift: As Solana tokens (32% of Alpha), these listings could recharge the ecosystem, countering today’s altcoin bleed (-4.82% for L1s) and aligning with RWAs’ stablecoin-driven growth.
  • Risks Amplified: Seed Tags warn of volatility; thin books could lead to 20-30% swings, especially with $160 million in BTC liquidations today pressuring risk assets.

X sentiment is electric: “BANK and MET on Binance—Solana DeFi about to eat.”

Trading Details: Pairs, Fees, and Getting Started

Binance’s spot market—lauded for zero-fee BTC/FDUSD pairs and 0.1% maker/taker fees (down to 0.075% with BNB)—makes entry seamless. Key specs:

TokenTrading StartPairsSeed TagPre-Listing PriceMarket Cap
BANK (Lorenzo)Nov 13, 17:00 TRTUSDT, USDC, TRYYes$0.13 (+70%)$72M
MET (Meteora)Nov 13, 17:00 TRTUSDT, USDC, TRYYes$0.53 (+10%)$250M

Deposits: Open now. Withdrawals: Nov 14, 17:00 TRT. Fees: Standard spot (0.1%), with BNB discounts. For new users: KYC via app, deposit via bank/card/P2P, or crypto transfer—Binance Connect supports 300+ assets for Web3 wallets like Trust Wallet.

Why It Matters: Binance’s Gatekeeping Power in 2025

With 39.8% CEX market share and $2.55 trillion futures volume in July, Binance’s listings are endorsements—driving 41.1% spot dominance in June. BANK and MET’s inclusion—amid Binance’s Abu Dhabi $2B funding and U.S. revival talks—bolsters Solana’s DeFi narrative, potentially spilling into altseason as ETF inflows stabilize. In a volatility-prone market (Fear & Greed at 25), these tokens offer high-beta plays, but DYOR: Seed Tags mean rug risks lurk.

As one X post captured: “Binance hype train leaving the station—BANK/MET tickets selling fast.” For traders, it’s a spot market spotlight on DeFi’s next wave—watch the pumps unfold.

LATEST POSTS

KuCoin Pay Integrates With Brazil’s Pix System, Unlocking Instant Crypto Payments for Millions

Bridging Crypto and Everyday Commerce: A Milestone for Brazil's Digital EconomyOn November 21, 2025, KuCoin—a leading global cryptocurrency exchange—announced a groundbreaking integration between its payment...

Russian Spy Ring Funded Through Crypto Laundromat, UK Police Reveal

A Billion-Dollar Web of Crime: From Cocaine Cash to Kremlin EspionageIn a dramatic revelation that exposes the dark underbelly of global cryptocurrency use, UK police...

Analyst to XRP Holders: The Shakeout Before The Storm, What it Means

Navigating the Pullback: A Classic Setup for XRP's Next Leg UpIn the ever-turbulent waters of cryptocurrency trading, XRP holders are no strangers to dramatic shakeouts—those...

New OCC Order Lets US Banks Hold Crypto And It Changes Everything

Unlocking Operational Crypto: The OCC's Latest Step Toward IntegrationIn a significant development for the intersection of traditional banking and blockchain technology, the U.S. Office of...

Most Popular