The SUP token, native to the Superp platform, is set to launch on multiple cryptocurrency exchanges today, including Binance Alpha and Bitget, with a total issuance of 1 billion tokens.
SUP Token Release
Trading for the SUP token will begin on Binance Alpha today, August 5, at 10:00 AM UTC, followed by listings on Bitget, KuCoin, and MEXC at 11:00 AM UTC. This is in relation to the token generation event (TGE) happening on the same day.
SUP Tokenomics
According to the released tokenomics, the total supply of the SUP token will be 1 billion units. Notably, 5% of the total supply, or 50 million, is allocated for airdrops. Additionally, 19% is reserved for ecosystem growth, 6% for marketing, 5% for liquidity, 35% for the community reserve, and 10% for the Superp team.
About Superp
Superp is a platform for trading high-volatility assets, including meme coins and DeFi tokens, with leverage up to 10,000× and no liquidation risk. Originally launched in 2023 under the name Vanilla Finance, the platform rebranded to Superp last month to better reflect its meme-centric identity. To date, Superp has surpassed $37 billion in trading volume and onboarded over 6 million users.
The launch of the SUP token, with high initial demand and community interest, highlights the growing popularity of Superp platforms and their unique trading strategy.