Binance has announced the upcoming listing of Everlyn AI (LYN) on its Alpha platform, marking a significant milestone for the blockchain-based video AI protocol. The trading launch is scheduled for October 6, 2025, at 15:00 UTC, positioning LYN as one of the latest additions to Binance’s expanding cryptocurrency ecosystem.
The listing comes alongside the introduction of perpetual futures trading for the LYNUSDT pair, which will commence at 15:30 UTC on the same day with leverage options up to 50 times. This dual launch approach demonstrates Binance’s confidence in the project’s potential and provides both spot and derivatives trading opportunities for institutional and retail investors.
Eligible users will have access to exclusive token airdrops through Binance Alpha points, available from October 6, 2025, 15:00 to October 7, 15:00. This 24-hour airdrop window represents a strategic move to incentivize early adoption and build initial liquidity for the newly listed token.
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Everlyn AI Platform Technology
Everlyn AI represents a breakthrough in blockchain-integrated artificial intelligence, specifically focusing on decentralized video generation capabilities. The platform has developed one of the world’s first autoregressive video generation models optimized for real-time applications, delivering significantly reduced inference times compared to traditional diffusion-based video systems.
The technology stack supports comprehensive video creation workflows including text-to-video, image-to-video, video upscaling, and multi-shot video generation. This versatility positions Everlyn as a comprehensive solution for content creators, enterprises, and developers seeking to integrate AI-powered video capabilities into their applications.
By bringing large-scale video AI models on-chain, Everlyn enables verifiable content creation and efficient distribution while supporting tokenized participation in the emerging video economy. The platform’s infrastructure is designed to expand beyond current capabilities into 4D world models and embodied AI applications.
The project was launched in October 2025 by Everlyn Labs Inc., a technology company headquartered in Hong Kong with operational presence across Asia, North America, and the Middle East. This global footprint reflects the company’s ambition to serve diverse markets and regulatory environments.
Binance Listing Details
The Binance Alpha listing represents a significant validation for Everlyn AI’s technology and market potential. Binance Alpha serves as a platform for promising early-stage projects, providing enhanced visibility and access to Binance’s massive user base of over 180 million registered users worldwide.
The perpetual futures contract introduction with 50x leverage indicates strong institutional interest and provides sophisticated trading instruments for professional traders. This futures offering complements the spot trading functionality and enables advanced hedging strategies for large-scale investors.
Token distribution through the airdrop mechanism follows Binance’s established pattern of supporting new project launches while rewarding platform loyalty. The 24-hour claim window creates urgency while ensuring broad distribution among eligible participants.
Trading pairs will initially focus on USDT, providing stable pricing mechanisms and reducing volatility concerns during the initial listing period. This approach has proven effective for previous AI-focused token launches on the platform.
Funding and Tokenomics
Everlyn AI successfully completed a $15 million funding round led by MystenLabs, demonstrating strong institutional confidence in the project’s technology and market positioning. This funding round occurred between August and September 2025, providing the necessary capital for platform development and market expansion.
The tokenomics structure features a fixed maximum supply of 1 billion LYN tokens, with an initial circulating supply of approximately 125 million LYN (12.5%) at the Token Generation Event. This controlled supply mechanism is designed to prevent excessive dilution while supporting long-term value appreciation.
Token allocation includes strategic distributions across team members, investors, treasury reserves, ecosystem development, launchpad partnerships, liquidity provision, and community airdrops. Vesting schedules ensure long-term alignment between stakeholders and project success.
The LYN token serves multiple utility functions within the ecosystem, including payment facilitation for video generation services, network security through staking mechanisms, liquidity provisioning, and governance participation. Token holders can vote on protocol upgrades, distribution policies, and ecosystem resource allocation.
Initial IDO pricing was set at 0.1 USDT per LYN token, with 150 million tokens (15% of total supply) allocated for public sale. This pricing structure balances accessibility for retail investors with sustainable project funding requirements.
Key tokenomics metrics include:
- Total Supply: 1,000,000,000 LYN
- Initial Circulating Supply: 125,000,000 LYN (12.5%)
- Public Sale Allocation: 150,000,000 LYN (15%)
- Fundraising Target: $15 million
- IDO Price: 0.1 USDT per token
The project’s development team includes notable AI and blockchain specialists such as Dr. Sernam Lim (AI and video generation), Dr. Harry Yang (blockchain expert), Dr. Philip Torr (computer vision researcher), Dr. Serge Belongie (machine learning specialist), and Dr. Qifeng Chen (deep learning specialist). This academic and industry expertise provides strong technical foundations for the platform’s ambitious roadmap.
Development milestones include the 2024 release of the Everlyn-1 AI model and open-source software, followed by the successful funding round completion in late summer 2025. The October 2025 platform launch coincides with the Binance listing, creating synchronized market entry across multiple channels.
Market analysis platforms like CoinMarketCap are already tracking LYN’s performance metrics and providing comprehensive project information for potential investors. This early tracking presence indicates growing institutional and retail interest in AI-focused blockchain projects.
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The Binance listing of Everlyn AI represents a broader market trend toward AI-blockchain convergence, potentially catalyzing increased investment and development in similar projects. As institutional adoption of AI tokens accelerates, LYN’s performance could serve as a benchmark for future AI-focused cryptocurrency launches, particularly those emphasizing practical utility and real-world application rather than speculative trading dynamics.
- Autoregressive Model
- A type of AI model that generates content sequentially, using previously generated elements to inform subsequent outputs. This approach enables more coherent and contextually appropriate video generation compared to traditional methods.
- Perpetual Futures
- Cryptocurrency derivatives contracts that allow traders to speculate on price movements without expiration dates. These contracts use funding rates to keep prices aligned with underlying spot markets.
- Token Generation Event (TGE)
- The moment when a cryptocurrency project creates and distributes its tokens to investors, team members, and the public. TGE marks the beginning of token circulation and trading availability.
- Binance Alpha
- A specialized platform within Binance that focuses on listing and supporting early-stage cryptocurrency projects. Alpha provides enhanced exposure and trading opportunities for promising tokens before broader market adoption.
- Tokenomics
- The economic model and structure governing a cryptocurrency token’s supply, distribution, and utility functions. Effective tokenomics balance investor incentives with long-term project sustainability and growth.
