The Wealth Effect has come to the BNB Chain.

On November 25, Binance Futures launched perpetual contracts for 1000WHYUSDT and 1000CHEEMSUSDT. Whether it is the Shiba Inu MEME Cheems with a built-in sarcastic buff on the BNB Chain or WHY as a token from the BSC MEME aggregator platform, both have become the focus of market discussion. Meanwhile, Binance Labs announced an investment in Kernel, the re-staking infrastructure of the BNB Chain, further solidifying the BNB Chain's DeFi ecosystem layout. Two days later, Binance announced the listing of Thena (THE) on November 27.

This DeFi representative project on the BNB Chain has not only attracted a large number of traders and ignited market discussions on the BNB Chain DeFi narrative but has also caused a surge in the prices of various native tokens and MEMEs on the BNB Chain due to its flywheel effect.

Over the past few days, the trading volume of the BNB Chain has rivaled that of the Base Chain, BNB Chain concept tokens have generally risen, and liquidity within the ecosystem has continued to grow. The discussion wave about "BNB Chain season" has heated up again, with the attractiveness of the ecosystem and market attention both steadily increasing.

BlockBeats has compiled in this article which other projects on the BNB Chain are worth paying attention to. This is not investment advice, and all market capitalization and price increase data are as of the draft time on November 28 at 22:00.

AI MEME

Let's first talk about AI MEME on the BNB Chain. Recently, AI has been a hot topic in the crypto world, but memes related to it are mainly found on Solana and the Base Chain. The rise of this concept on the BNB Chain is closely linked to a tweet from Binance founder CZ. In the tweet, CZ mentioned: "AI tagging (or just AI data in general) is very suitable to be done on-chain. Using global low-cost labor resistant to location bias, (micro) instant crypto payment. @BNBCHAIN Greenfield provides storage. More tools still need to be built. Let's build them."

Although Defi OG Lao Lu also said, "Don't overthink it," the market's attention to AI MEME has indeed increased as a result, with AI MEME's surge serving as a direct reflection.

$AICELL

Market Cap: $20.28M;

24h Change: 211.47%;

$AICELL is an AI project MEME coin based on the BNB Chain and was also the winning project of the first quarter 2024 BNB Chain Hackathon. As one of the currently discussed AI MEME-themed projects in the community, it is considered one of the early projects to explore this track on the BNB Chain.

$NMT

Market Cap: $37.6M;

24h Change: 4.28%;

$NMT is the native utility token of NetMind.AI, as an AI project on the BNB Chain, NetMind.AI owns the NetMind Chain adopting the Proof of Authority (PoA) consensus mechanism, offering various specifications and models of GPU computing power rental, and establishing strategic partnerships with several innovative AI companies.

The NetMind.AI team has a deep AI background, with founder Kai Zou graduating from Tsinghua University, having published multiple papers at top academic conferences, and collaborating with OpenAI researchers. This background enables NetMind.AI to connect with professional AI researchers and institutions. Currently, NetMind.AI has established academic partnerships with many world-renowned universities such as Tsinghua University, University of Cambridge, University of Wisconsin-Madison, Shanghai Jiao Tong University, Huazhong University of Science and Technology, Fudan University, and more.

Related Reading: "NetMind.AI: Who Says Academics Can't Do Industry? Tsinghua Team Creates the First Decentralized AI Full Stack Template"

MEME

Let's talk about MEME on the BNB Chain. MEME has already been featured on BN's WHY and Cheems, which are well-known, so I won't go into detail. Currently, their market caps are $80M and $137M, respectively.

$COOKIE

Market Cap: $38M;

24h Change: 54%;

$COOKIE is the token of COOKIE(Dot)FUN, a high-profile AI Agents MEME data platform on the BNB Chain. The platform focuses on providing real-time market data related to AI Agents, including key metrics such as market cap, price changes, and trading volume of each AI agent. As a project that combines AI and meme narratives, $COOKIE provides investors with an important window to observe the market dynamics of AI Agents.

COOKIE(Dot)FUN's unique positioning gives it a certain advantage in the current AI + Crypto craze. With the continued boom of AI Agents projects, the market's demand for data analytics platforms is increasing. $COOKIE, as the token of COOKIE(Dot)FUN, may play a role in the following aspects:

The platform may incentivize users to participate in data uploading or analysis activities through the $COOKIE token, further enhancing the ecosystem's content quality and data accuracy. $COOKIE may serve as a tool for community governance, allowing token holders to participate in the platform's development decisions. As the platform's functionality grows, $COOKIE may be used in more scenarios, such as data subscriptions, analysis tool unlocking, and payment for customized services.

$BOB

Market Cap: $19M;

24h Change: 72%;

$BOB, short for Building On BNB, is a MEME project based on the BNB Chain. It has a lighthearted and humorous style but strong virality. Its narrative revolves around the "BNB Chain mascot," and the community atmosphere is quite good.

「Bob」 was originally a meme in the YouTube comments section, depicted as a simple stick figure. Its largest-scale propagation began in 2013. At that time, YouTube required users to link their comments to a Google+ account, which sparked community discontent. Many users protested by pasting the ASCII art image of 「Bob」 to express their dissatisfaction with this change. Bob in the protest activities was often accompanied by Unicode patterns of a military tank or an AK-47 rifle, expressing the community's spirit of resistance.

$FOUR

Market Cap: $3M;

24hr Change: 0.72%;

$FOUR is the native token of the MEME issuance platform Four.Meme on the BNB Chain. As a community-governed project, $FOUR is considered a significant native IP MEME in the current BSC ecosystem due to its CZ MEME-related attributes and humorous abstract style.

Four.Meme primarily provides issuance support for MEME projects on the BNB Chain, aiming to drive the development of more high-quality projects by empowering the BSC MEME ecosystem.

Previously, Four.Meme had a strategic partnership with Unamano (WHYPAD), launching a $30,000 grant to specifically support MEME projects launched using $WHY on the Four.Meme platform. Although the current market cap of $FOUR is not high, the ecosystem support and strategic partnerships behind it indicate that $FOUR still has significant development potential.

DeFi Infrastructure

$THE

Market Cap: $780M;

24hr Change: 27%;

$THE is the native token of the DEX platform Thena on the BNB Chain, which was the first project launched on Binance after CZ's release from prison. Thena's development has received support not only from users but also from Binance founder CZ's retweets and acknowledgments. As a result, some community members suspect this to be an in-house product of BN, but the Thena team is indeed a wild European team. Related Reading: "Exclusive Interview with THENA: How did the ve(3,3) model pioneer change the DeFi landscape of BNBChain?"

As a DEX platform based on the ve(3,3) model, liquidity providers no longer receive allocation directly from transaction fees but instead through minted tokens as compensation for liquidity mining rewards. This means Thena has provided a more efficient liquidity solution for other projects, attracting more funds and partnerships.

On the first day of listing on Binance, the trading volume of $THE exceeded $1 billion and surpassed mainstream crypto assets such as Dogecoin, Solana, and XRP in trading volume. Currently, DEXs on the BNB Chain rank second in ecosystem trading volume, only behind PancakeSwap.

$CAKE

Market Cap: $1.17B;

24hr Change: 4%;

$CAKE is the native token of the PancakeSwap platform. As a leading decentralized exchange (DEX) on the BNB Chain, PancakeSwap not only covers the core functions of traditional DEXs but also has become a key pillar in the BSC ecosystem through a rich product ecosystem and reward mechanisms. Initially similar to Uniswap, PancakeSwap focused on trading and liquidity provision. However, with the rapid expansion of the platform, it has evolved into a full-featured DEX on BSC, offering a more diverse range of products and services.

According to Dune data, PancakeSwap's trading volume has consistently ranked first on the BNB Chain, far exceeding other DEXs, including a continuous dominance over Uniswap. Its strong market performance and user base have made PancakeSwap one of the most representative DeFi projects on BSC.

$LISTA

Market Cap: $559M;

24hr Change: 15%;

$LISTA is the native token of ListaDAO, which focuses on Liquidity Staking & Derivatives (LSD) and Overcollateralized Loan (CDP), serving as the LSDFi protocol representative in the BNB ecosystem. ListaDAO, formerly known as Helio Protocol, received a $10 million investment from Binance Labs in August 2023, marking the project's successful transition towards liquidity staking.

ListaDAO's core mission is to lower the barrier to entry for DeFi participation by supporting diverse collateral assets and liquidity unlocking tools, providing users with more liquidity options and yield opportunities. Related reading: "Understanding ListaDAO: Backed by Binance Investment and Transparent Airdrop"

Users can stake assets such as BNB, ETH, and more to receive ListaDAO's liquidity tokens slisBNB and overcollateralized stablecoin lisUSD. ListaDAO not only supports traditional collateral assets but also introduces an Innovation Collateral section, bringing in innovative assets such as Ether.fi's weETH, StakeStone's STONE, and Renzo's ezETH, with future plans to expand to multi-chain ecosystems like Ethereum.

ListaDAO is also a key investment of Binance Labs, and its close collaboration with the BNB ecosystem gives it a significant edge in the liquidity staking space. Through partnerships with platforms like PancakeSwap, Thena Finance, and APX, ListaDAO will continue to drive liquidity and user growth.

欢迎加入律动 BlockBeats 官方社群：

Telegram 订阅群：https://t.me/theblockbeats

Telegram 交流群：https://t.me/BlockBeats_App

Twitter 官方账号：https://twitter.com/BlockBeatsAsia