​​Despite declining spot volumes on CEXs, listing activity continues to grow.

5,256 tokens have been listed in the current cycle, nearly matching the previous one (5,351) — in just ~700 days vs ~1,444 days last cycle.

Median listing ROI has improved, but still remains below 0.3x.

Supply is outpacing demand. $BNB

BNB
BNB
608.66
-1.19%