Binance has announced the listing of $SHELL, the native token of MyShell, a decentralized AI consumer layer project.
In a customer update on February 26, 2025, the exchange confirmed that $SHELL will be available for trading on February 27 at 13:00 (UTC) with pairs against BTC, USDT, USDC, BNB, FDUSD, and TRY. Eligible BNB holders have already received $SHELL via Binance’s HODLer Airdrop program.
MyShell is the 10th project featured on Binance’s HODLer Airdrops portal. Users who held BNB in Simple Earn products between February 12 and February 19, 2025, were eligible for the airdrop. A snapshot taken on February 12 determined eligibility, and those users have now received their $SHELL tokens directly in their spot wallets. Binance applied a “Seed” tag to $SHELL, signalling its early-stage status and potential for high volatility.
Founded in 2023, MyShell has grown rapidly, attracting 170,000 AI creators, 5 million consumers, and 200,000 AI agents. The project has raised over $16.8 million in funding rounds, backed by investors including Binance Labs, OKX Ventures, and Dragonfly Capital.
The $SHELL token serves as both a governance and incentive mechanism, fostering a community-driven network that connects creators, AI agents, and users through an open-source framework.
This Binance debut follows a highly successful IDO earlier in February. Also, 6% of MyShell’s 1 billion total token supply was airdropped to MySoul NFT holders and community members, with 600 ShellCoin points converting to 1 $SHELL.
According to data from CoinMarketCap, $SHELL currently has a market cap of $162.35 million and a 24-hour trading volume of $161.91 million. The token is trading at $0.6275, a 33.42% increase in the last 24 hours.
Earlier this month, Binance announced the delisting of AirDAO (AMB), Clover Finance (CLV), StormX (STMX), and Vite (VITE) after determining these tokens no longer met the platform’s standards. The tokens were removed from the exchange’s listings on February 24 at 03:00 UTC.
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