Data Date: March 29, 2026
Breaking News: Binance releases new market maker regulations
On March 25, Binance officially released a brand new market maker guideline, which is the most significant action by Binance in terms of trading transparency since 2026.
Core content of the new regulations (directly impacting the cryptocurrencies you hold)
According to the official announcement from Binance, the new regulations include three core requirements:
1. Mandatory disclosure of market maker identity
Project parties must disclose their market maker identity information, legal entities, and contract details to Binance. This means that the previously 'hidden market makers' will have nowhere to hide.
2. Comprehensive ban on profit sharing and capital preservation commitments
Profit-sharing agreements and capital preservation commitments between the project party and market makers are completely prohibited. This is to cut off the direct profit chain that allows project parties to manipulate token prices.
3. The purpose of token lending must be clear
If the project party lends tokens to market makers, they must specify how the lent tokens will be used to ensure transparency.
Binance's punitive measures: Blacklist mechanism
Binance has made it clear that immediate action will be taken against violations, including blacklisting non-compliant market makers.
Key violations targeted include:
Sell in reverse according to the token release rhythm (i.e., shorting using information advantage)
Unilateral trading creates false liquidity
Artificially inflating trading volume
Which tokens are the most dangerous?
Based on the new regulations, the following three categories of tokens face the risk of being cleaned up or downgraded:
Category 1: Tokens that do not disclose market makers
Risk point: If the project party refuses to disclose the identity of market makers, it may be viewed as non-compliant by Binance
Potential consequences: Trading pairs delisted, user warnings
Category 2: Highly controlled tokens (chip concentration > 40%)
Risk point: Although the new regulations do not directly mention it, combined with transparency requirements, highly controlled tokens are often related to hidden market makers
Potential consequences: These projects may fail to meet disclosure requirements
Category 3: Tokens with a history of profit-sharing
Risk point: If the project party has previously signed a profit-sharing agreement with market makers, it must now be terminated
Potential consequences: If not terminated, market makers will be blacklisted, and liquidity will be instantly depleted
Advice for fans
Check your holdings immediately:
Check the project's official website/Twitter: Have there been any announcements of market maker cooperation recently?
Check on-chain data: Use Binance Web3 wallet's 'Token Audit' function to inspect whether the token has 'issuance rights', 'blacklist functionality', or 'high trading taxes'
Pay attention to Binance announcements: In the coming weeks, Binance may publish the first batch of non-compliant project lists
Long-term strategy:
The new regulations are a landmark move by Binance to enhance platform quality. In the future, compliant, transparent, and decentralized tokens will receive more traffic support, while 'dark tokens' will be gradually cleaned up. Your holding structure needs to adjust according to Binance's rules.