Binance Lists SUI: Users Deposit $4 Billion to Farm Beforehand

Binance users flooded the exchange with over $4 billion to farm the highly-anticipated SUI token launch. The world’s largest exchange by trading volume added support for the SUI token, prompting a massive influx of deposits as investors sought to capitalize on the opportunity to earn SUI rewards.

Recently, Binance users invested nearly $4 billion ahead of the eagerly awaited launch of SUI tokens. This surge in activity highlights the intense interest surrounding the SUI project and the potential benefits of participating in the Binance Launchpool.

On April 30, Binance announced that the 33rd project on Binance Launchpool was Sui. The incentive will enable Binance customers to farm SUI tokens using their existing BNB and TUSD holdings. The Launchpad event, which permitted BNB and TUSD holders to stake their assets, fueled the substantial deposit activity.

Binance users flooded the exchange with over $4 billion to farm the highly-anticipated SUI token launch. The world’s largest exchange by trading volume added support, making it a prime location for users seeking to acquire SUI tokens. Following its listing on the Launchpad, in order to farm SUI coins, users staked approximately $4 billion worth of tokens. This demonstrates the significant demand and confidence in the SUI project.

While the opportunity to farm SUI tokens was enticing, some users wondered about the profitability, with questions arising such as "But an average dollar invested in the" Launchpad yielding satisfactory returns compared to the immense sums staked. However, the overall enthusiasm surrounding the Binance listing and the SUI token launch remained strong, driven by the project\'s potential and Binance\'s platform.