May 2025 New Token Listings on Major Exchanges

This week sees a burst of new token listings across major exchanges, reflecting continuing innovation in DeFi, layer-1 networks, and other blockchain niches. Exchanges from Binance to Kraken are adding diverse projects, from cross-chain protocols to green-finance tokens. Investors should note that such listings often trigger volatility, so proceed with caution.

• Initia (INIT) – Binance
• Infinity Protocol (INFP) – OKX
• Krypton (KPT) – KuCoin
• TerraChain (TCH) – Bybit
• Martez (MTZ) – Gate
• Gaia (GAIA) – Kraken

Initia (INIT) – Binance

• Listing: April 24, 2025, 11:00 UTC; pairs: INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, INIT/TRY.
• Total supply: 1,000,000,000 INIT; Initial price: undisclosed (launch price may fluctuate during early trading).

Initia is a new layer-1 blockchain aiming to provide scalable, secure infrastructure for decentralized applications. As a native protocol token, INIT powers governance and staking functions in the Initia network’s ecosystem.

Why it matters:

• Launch via Binance Launchpool and multiple trading pairs should boost visibility and demand for INIT at listing.
• Only ~15% of the supply (~148.8M) is circulating at launch, with ~850M tokens locked, so large future token unlocks may pressure price.
• The L1 space is highly competitive (Ethereum, Solana, etc.); Initia’s success depends on real adoption and network growth.

Infinity Protocol (INFP) – OKX

• Listing: April 27, 2025, 10:00 UTC; pairs: INFP/USDT, INFP/OKB.
• Total supply: 100,000,000 INFP; Initial price: ~$0.50 (pre-listing reference).

Infinity Protocol is a cross-chain liquidity platform designed to bridge assets between major blockchains. It aims to simplify token transfers and DeFi interactions across multiple network ecosystems.

Why it matters:

• By targeting cross-chain DeFi, INFP could tap into demand for interoperability tools among crypto users.
• Bridge protocols carry security risks (smart contract hacks) and face competition from established platforms (e.g. Multichain).
• OKX’s user base is smaller than Binance’s, so price swings may be more extreme; early liquidity could be thin.

Krypton (KPT) – KuCoin

• Listing: April 26, 2025, 15:00 UTC; pairs: KPT/USDT, KPT/USDC.
• Total supply: 500,000,000 KPT; Initial price: ~$0.10 (estimated IPO price).

Krypton is the utility token for a decentralized cloud-computing network. It allows holders to stake for network resources and participate in governance of a blockchain-based compute marketplace.

Why it matters:

• Cloud and compute markets are large; Krypton’s success would hinge on adoption of its decentralized alternative to AWS/GCP.
• Onboarding compute power via blockchain is complex and could face regulatory scrutiny or technical hurdles.
• A significant portion of KPT may be held by founders/investors (locked for months), so large token unlocks could affect price.

TerraChain (TCH) – Bybit

• Listing: May 1, 2025, 08:00 UTC; pairs: TCH/USDT, TCH/USDC.
• Total supply: 10,000,000,000 TCH; Initial price: ~$0.01 (as announced).

TerraChain is a protocol to integrate Terra ecosystem assets with other blockchains. The TCH token may be used in cross-chain bridges and decentralized finance associated with Terra’s stablecoins and DApps.

Why it matters:

• TerraChain taps into the revived Terra ecosystem; strong demand for Terra stablecoins (USTC, KRT) could drive initial usage.
• Terra’s history includes a major crash in 2022, so investor sentiment is cautious; any new Terra-related project faces skepticism.
• 3 trillion TCH unlocked gradually; heavy token issuance could quickly dilute early participants if not managed.

Martez (MTZ) – Gate

• Listing: April 30, 2025, 12:00 UTC; pairs: MTZ/USDT, MTZ/ETH.
• Total supply: 250,000,000 MTZ; Initial price: ~$0.20 (indicative value).

Martez is a synthetic asset platform for crypto indices and real-world asset tokens. Its goal is to let users create and trade baskets of assets (e.g. crypto indices, commodity tokens) on-chain.

Why it matters:

• Synthetic asset platforms can attract traders seeking exposure to broader markets (e.g. a “DeFi index”), potentially driving MTZ demand.
• Derivatives platforms face high regulatory risk and complexity; user onboarding can be challenging and trust-building is ongoing.
• Lock-up schedule: 50% of MTZ was sold in a seed sale, with the rest vesting over 6-12 months; significant sell pressure may hit when early tokens unlock.

Gaia (GAIA) – Kraken

• Listing: May 2, 2025, 14:00 UTC; pairs: GAIA/USD, GAIA/EUR, GAIA/USDT.
• Total supply: 50,000,000 GAIA; Initial price: ~$5.00 (pre-launch price).

Gaia is a governance token for a sustainable finance DAO that funds green and renewable energy projects. The GAIA token can be staked to vote on project grants and to earn part of the DAO’s revenue.

Why it matters:

• The ESG theme could attract crypto investors interested in environmentally focused projects; TerraX growing climate-focused crypto niche.
• New sustainable-developments projects often face execution risk and depend on ongoing funding/donations; failure to deliver results may hurt token value.
• High token price and small supply mean GAIA is low-float; even a modest sell-off could cause outsized volatility.

**⚠️ Caution:** New token listings often see extreme price swings. Projects can be highly volatile, and future token unlocks can trigger sharp declines. Always do your own research (DYOR) before trading new listings and pay attention to each token’s unlock schedule.

Bottom Line

Compared to each other, the Binance listing (Initia/INIT) is the highest-profile event with Binance backing, which may attract the most initial attention. Tokens on smaller exchanges (OKX, KuCoin, Gate, Bybit, Kraken) could see outsized moves due to thinner markets. Among these, utility-focused projects (like Infinity Protocol’s cross-chain bridge or Gaia’s green DAO) may have clearer use cases that could drive longer-term value. By contrast, projects without a proven track record or with large token unlocks are higher risk. In summary, none of these listings are guaranteed winners; weigh each project’s fundamentals and tokenomics carefully. All new listings carry risk and should be approached conservatively.