Binance Wallet Completes First Pre-TGE Prime Sale with YieldBasis
Binance Wallet finished its first Pre-TGE Prime Sale featuring YieldBasis (YB) on October 13, 2025. The two-hour event ran from 8:00 to 10:00 UTC. Over 212,000 users participated worldwide.
The sale raised more than 456,060 BNB, worth over $600 million. Binance Wallet reported the event was oversubscribed by 23,772% due to strong community interest.
Binance Wallet stated, “The first Binance Wallet Pre-TGE Prime Sale with YieldBasis (YB) has successfully concluded!”
Sale Details and Token Allocation
The sale offered 25 million YB tokens, representing 2.5% of the total supply. Each token was priced at $0.10. Participants subscribed using BNB, with a maximum limit of 3 BNB per person.
Binance used an over-subscription model. Token allocation was proportional to each user’s contribution. Unused BNB was automatically refunded. Eligible users held Alpha Points earned through Binance Wallet and Alpha campaigns.
Trading for YB tokens will begin on October 15, 2025, via Binance Alpha.
About YieldBasis
YieldBasis is a decentralized finance (DeFi) protocol with a total supply of one billion YB tokens. It aims to maximize yields for Bitcoin and Ethereum holders. The project uses Curve’s crvUSD, leveraged liquidity pools, and risk management strategies to reduce impermanent loss.
