Key points
Binance has launched the "Together" initiative worth $400 million — a program aimed at helping users and ecosystem partners recover from recent market fluctuations and restore confidence in the industry.
The plan includes $300 million in the form of token vouchers for affected users and $100 million as support loans for institutions, separate from the $283 million that has already been allocated to compensate users affected by specific issues on the platform earlier this week.
Based on the fundamental principle upon which Binance was founded — that user trust is unparalleled in importance — this initiative stems from our belief that "a rising tide lifts all boats."
During the past week, the cryptocurrency market faced one of the most severe downturns in recent memory, testing user trust and the resilience of the industry as a whole. The volatility shook the entire ecosystem as we all felt the impact of macroeconomic pressures that exceeded the realm of cryptocurrencies themselves.
Binance was not immune to these disruptions. As a global leader in digital assets, the company naturally faces increased scrutiny, whether fair or not, during such times. However, our priorities have not changed: we are here for our users, and our first instinct is always to support them.
That is why we are launching the "Together" initiative, a $400 million program aimed at helping users and partners recover from this shock, and assisting the sector in regaining its balance.
Two components, one goal
1. $300 million to support users
To support individual traders affected by sharp market fluctuations, Binance will distribute $300 million in the form of token vouchers ranging in value from $4 to $6,000 for users who meet the following criteria:
Forced liquidation losses between October 10 and 11, 2025 (UTC).
Total liquidation losses of at least $50.
Liquidation losses representing at least 30% (loss ratio) of their total wallet value based on a snapshot taken on October 9, 2025 (UTC).
The amount will be determined based on the assessment of the liquidation loss amount, loss ratio, and other factors for each user. Vouchers will be distributed directly to the rewards hub of eligible users within 96 hours of the launch. Users will receive in-app notifications and an email when the process is complete.
2. $100 million for institutional support fund
To help ecosystem partners and institutional clients stabilize their operations, Binance will allocate $100 million in the form of low-interest loans. This support will help businesses regain liquidity, resume trading, and continue serving their users and partners.
Eligible institutional clients and VIP users can apply through their account managers. Binance will process applications quickly and confidentially.
Separate effort: $283 million platform compensation
This initiative differs from the previously announced 283 million dollar compensation plan, which addressed specific platform-related issues such as temporary de-pegs and technical delays during sharp market fluctuations.
That compensation reflects our commitment to transparency and direct accountability when issues arise on our part. The "Together" initiative is about something broader: standing by our community during a difficult moment that the entire industry is facing. Users who have already received compensation under the previous compensation plan related to the platform will not be eligible for compensation from the "Together" initiative.
Principled
We recognize that some may see this initiative as a publicity stunt. But it is not. Binance has a long track record of working in favor of users and the broader cryptocurrency ecosystem — from education and security to disaster relief and market stability.
We do not bear responsibility for general market movements or user losses resulting from volatility, but as leaders, we believe we must do what we can to help everyone rise together. A rising tide lifts all boats, and when users, builders, and innovators are supported during difficult moments, the entire industry becomes stronger.
We were built by the community, and our success depends on the health of that community and its trust. Supporting it in times of need is simply what we always do.
Closing thoughts
Cryptocurrencies have weathered many storms. Each time, the community emerges more mature, resilient, and better prepared for what lies ahead. The "Together" initiative represents part of this evolution — a collective step towards restoring trust and momentum.
We thank you for your trust and patience as we work together through this recovery phase. We urge you to trade responsibly, manage your positions carefully, and remember that volatility, while inevitable, is part of the ongoing transformation of the cryptocurrency world.
Together, we will get through this phase — and build what’s next.