Dear Users,
BingX Spot will be listing IBRL (IBRL) in the Innovation Zone. Details are as follows:
• IBRL Deposit Time: 2025-05-22, 02:00:00 (UTC+0)
• IBRL Trading Time: 2025-05-22, 03:00:00 (UTC+0)
• IBRL Withdrawal Time: 2025-05-24, 03:00:00 (UTC+0)
Supported network for the aforementioned asset include: SOL
What is IBRL?
Gavel is an on-chain token distribution and liquidity bootstrapping platform on Solana. Today, teams issuing tokens are forced to wade through an extractive and opaque labyrinth of centralized exchanges and market makers, or launch on-chain while giving up value to snipers and toxic MEV. Users participating in the token economy face toxic MEV that lowers the quality of their fills, and an asymmetric information environment where undisclosed insider side deals abound. Gavel provides: Fair, transparent, and efficient ways to raise capital and distribute tokens, fully on-chain, On-chain liquidity that is safe for users to interact with and easy to manage, Full transparency and auditability throughout the lifecycle of the token. $IBRL is a test token that exists solely to demonstrate the Gavel protocol in production. The token has no present or future utility. 100% of the funds collected and 100% of the token supply are allocated to the Gavel mechanism
Investment Risk Warning:
1. The Innovation Zone is designed to provide users with secure and fast trading of trending on-chain tokens. However, newly issued tokens may experience significant price volatility or even a rapid loss of all value. Please exercise caution and carefully evaluate each project before trading.
2. As many on-chain project tokens have similar names, please verify the token's contract address before trading.
3. Withdrawals for tokens listed in BingX Innovation Zone are typically opened after T+2. Please refer to official announcements for any updates.
4. Cryptocurrencies are highly volatile and come with various risks, including market risk, project risk, technical risk, and compliance risk. As a result, you may incur losses due to these risks and volatility. Please be mindful of the risks and invest cautiously.
BingX remains committed to providing an enhanced trading experience and services. Thank you for your continued support and understanding.
Note:
1. Please make sure that the selected chain or network on BingX is consistent with the platform you're performing the withdrawal or deposit to avoid unnecessary losses.
2. The platform will automatically adjust the relevant parameter limits for spot trading based on market liquidity. If you have any questions, please contact our 24/7 online support.
3. The listing time specified in the announcement is for reference only. We will open the trading service once the deposit requirement for the above asset is met. The actual opening time shall prevail.
BingX Operation Team
2025-05-22
BingX Official Channels
Risk Disclaimer
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and strictly abides by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.