The cryptocurrency exchange Binance has announced the launch of the Together Initiative, aimed at supporting users and institutional partners following significant market fluctuations in October 2025.
This is reported by Finway
Participation Conditions and Fund Distribution Details
As part of the initiative, Binance will allocate up to $300 million for distributing vouchers to users who meet certain criteria. The voucher amounts will range from $4 to $6000 in USDC. Traders who experienced liquidations of positions totaling at least $50 and lost at least 30% of their net assets during the period from October 10 to 11, 2025, may apply for assistance.
In addition, another $100 million will be directed to a special fund for concessional loans. These funds are intended to support institutional counterparties and ecosystem partners who have been affected by recent market upheavals. Eligible clients can apply for loans through their personal managers.
Binance’s Position and Program Limitations
Binance emphasized that users who have already received compensation for the de-pegging of specific assets on the platform will not participate in the Together Initiative. The company also highlighted the importance of adhering to responsible investment principles and reminded users of the high volatility of the crypto market.
“During this challenging time for the industry, we understand that any decision is likely to face disagreements. For clarity: we are not responsible for users’ losses, but we are doing this because we believe it is critically important to restore trust in the industry. Ultimately, Binance has decided to invest these resources where they are most needed: with our users,” the company’s official statement reads.
Binance stressed that, along with market participants, they have felt the pressure and consequences of instability, and they consider the joint restoration of trust to be a primary task for the future development of the crypto industry.