从2024年和2025年以上的Binance代币清单超过94％。

这与Binance的代币清单鼎盛时期形成鲜明对比。加密分析师的研究研究发现，今年迄今为止，Binance列出的27个令牌平均损失为44％。

Crypto analysts have highlighted a stark contrast between the performance of Binance’s token listings from 2024 and 2025 compared to the usual narrative of the exchange’s tokens being massively pumped.

加密分析师强调了Binance的2024年和2025年Binance代币清单的性能与对交易所代币的常规叙述相比的表现之间存在鲜明的对比。

Instead, over 94% of tokens listed by Binance this year are in the red by between 17% and 97%, according to analysis by crypto analyst Dethective.

取而代之的是，根据加密分析师的分析，今年Binance列出的代币中超过94％的红色为17％至97％。

The 27 tokens listed by Binance so far in 2025 had an average loss of 44%, and only three tokens resulted in a positive return. A further 13 tokens suffered losses of over 50%.

到目前为止，Binance列出的27个令牌的平均损失为44％，只有3个令牌导致了正回报。另外13个令牌损失超过50％。

“If the largest, most retail-friendly exchange is pushing only garbage, newcomers will assume crypto is nothing but a scam,” claimed Dethective.

“如果最大，最大的零售友好型交易所仅在推动垃圾，新来者会认为加密货币不过是一个骗局，”他说。

I crunched the numbers for all 2025 Binance listings, and it's a bloodbath. 🩸

我对所有2025年二元列表的数字进行了处理，这是一个血腥。 🩸

• Only 3/27 tokens had a positive return: $FORM, $RED, and $LAYER

•只有3/27代币具有正回报：$形式，$红色和$ layer

• If you put $100 on each of the 27 tokens, you'd now have ~$1,500

•如果您在27个代币中的每个代币中都花了100美元，那么您现在将拥有〜$ 1,500

• The average loss is -44%

•平均损失为-44％

Basically if you bought a token on… pic.twitter.com/dHM5rc9th2

基本上，如果您在…pic.twitter.com/dhm5rc9th2上购买了令牌

— Dethective (@Deth_ctive) September 6, 2025

- 2025年9月6日的dethective（@deth_ctive）

In 2024, nearly 98% of tokens listed by Binance were in the red, and the average loss across 2024 was 54.6%, according to Dune analytics published by @oladee.

根据@oladee发表的Dune Analytics，在2024年，二元列出的代币中有近98％的代币为54.6％。

Twelve tokens listed on Binance in 2024 have seen their prices fall by over 90% since listing, while only one token - BABYDOGE - was positive in 2024 by 8.9%.

自上市以来，2024年在Binance上列出的十二个代币的价格下降了90％以上，而只有一个令牌-Babydoge-在2024年为正值8.9％。

Binance listings used to be known for pumping the price of a token and acting as an unofficial seal of legitimacy for projects. However, those days appear to be over, with the majority of these listings depreciating in the long run.

Binance列表以前以泵送代币的价格并充当项目合法性的非正式印章而闻名。但是，那些日子似乎已经过去了，从长远来看，这些清单中的大多数贬值。

It’s worth noting that this year has seen bearish price action across many major cryptocurrencies. However, 2024’s crypto market was considered bullish, and 98% of listed tokens are down since debuting on Binance that year.

值得注意的是，今年在许多主要加密货币中都有看跌的价格行动。但是，2024年的加密货币市场被认为是看好的，自当年二手车首次亮相以来，有98％的上市令牌就下降了。

In February, former Binance CEO Changpeng Zhao described the platform’s listing process as a “bit broken.” In his post, he complained about the time between announcing a token listing and actually listing it and how it can cause price fluctuations.

2月，前Binance首席执行官Changpeng Zhao将平台的上市过程描述为“有点破碎”。在他的帖子中，他抱怨宣布令牌上市和实际列出它以及如何引起价格波动之间的时间。

In likely related news, Binance just announced another round of its “Vote to List” initiative. Introduced in February, the initiative allows the public to decide which crypto projects should qualify for spot listing on the platform.

在可能的相关新闻中，Binance刚刚宣布了另一轮“投票列表”倡议。该计划于2月推出，允许公众决定哪些加密项目应有资格在平台上列出现场列表。

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