#Binance suspends lending for some assets#

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Hot Topic Details

Hot Topic Overview

Overview

Binance announced that, effective January 15, 2025, 11:00 AM (UTC+8), it will discontinue offering the following ten assets as collateral for borrowing: Banana Gun (BANANA), Gains Network (GNS), Harmony (ONE), Kadena (KDA), Liquity (LQTY), Livepeer (LPT), Portal (PORTAL), Tellor Tributes (TRB), Viberate (VIB), and Vulcan Forged PYR (PYR). This move signifies that users will no longer be able to use these assets for collateralized borrowing, and Binance will cease supporting borrowing services for these assets.

Ace Hot Topic Analysis

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Analysis

Binance announced that, effective January 15, 2025 at 11:00 AM (Beijing Time), Binance Lending will cease offering certain assets as borrowable assets, including Banana Gun (BANANA), Gains Network (GNS), Harmony (ONE), Kadena (KDA), Liquity (LQTY), Livepeer (LPT), Portal (PORTAL), Tellor Tributes (TRB), Viberate (VIB), and Vulcan Forged PYR (PYR). This move signifies that users will no longer be able to utilize these assets for lending operations. At present, Binance has not disclosed the specific rationale behind discontinuing these assets as borrowable options. However, this decision might be linked to market fluctuations, risk control measures, or other contributing factors.

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Classic Views

BANANA

1

GNS

2

ONE

3

KDA

4

LQTY

5

LPT

6

PORTAL

7

TRB

8

VIB

9

PYR

10