Binance has announced the launch of the "Together Initiative," a $400 million program designed to support the cryptocurrency industry amid recent market volatility. The initiative includes $300 million in token voucher compensation for users who faced forced liquidation in futures and leveraged trading between October 10 and 11, 2025. Eligible users, whose losses exceeded $50 and accounted for more than 30% of their account assets, will receive token vouchers ranging from $4 to $6,000. Distribution is set to begin within 24 hours and complete within 96 hours.
Additionally, Binance is establishing a $100 million institutional support fund to provide low-interest loans to ecosystem partners and institutional users severely affected by the market downturn. This fund aims to alleviate liquidity pressures and ensure operational stability. Binance clarified that this initiative does not imply responsibility for user losses but underscores its commitment to user-centricity and the restoration of market confidence.
Binance Launches $400 Million 'Together Initiative' for Market Recovery
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