CESS, the native token powering the decentralized storage platform CESS Network, is making its debut on multiple major centralized exchanges today.
Among the first to support the listing is Binance Alpha, which is expected to open trading for CESS later today, according to an official announcement on X.
While the exact listing time remains unconfirmed, Binance Alpha users will be able to redeem Alpha Points for CESS tokens once trading goes live via the Alpha Events page. Details on the token allocation and airdrop distribution will be revealed at launch. In addition to Binance Alpha, trading for CESS will commence at 10:00 UTC on several other top exchanges, including KuCoin, Bitget, Gate.io, and MEXC.
Get ready! Binance Alpha will be the first platform to feature CESS Network (CESS)! Trading will open on June 26th, with the exact time to be announced. 🚀
Eligible users will need to use Binance Alpha Points to claim their airdrop on the Alpha Events page once Alpha trading… pic.twitter.com/aDoNSdUlc7
— Binance (@binance) June 26, 2025
Though the CESS Network’s mainnet is yet to launch, the token is currently issued on the BNB Smart Chain under the BEP-20 standard. A full mainnet deployment is expected in the coming months, after which holders will be able to swap their BEP-20 tokens 1:1 for native tokens through an official token bridge or migration tool backed by the CESS team.
Following its token generation event, the total supply of CESS is capped at 10 billion, with 3.5 billion tokens initially entering circulation. Nearly half (45%) of the total supply is dedicated to incentivizing decentralized storage node operators, distributed over a 31-year period with halving every four years.
Built on the Substrate framework, the CESS Network positions itself as a high-performance Layer-1 blockchain tailored for decentralized physical infrastructure (DePIN) and data availability. The protocol supports scalable, privacy-first data storage, aiming to power key sectors like AI, Web3, and decentralized science (DeSci).
The CESS token serves multiple purposes within the network, from covering data storage fees and staking by node operators to rewarding validators and enabling on-chain governance participation.
Notably, DWF Labs launched a $250 million Liquid Fund to support mid and large-cap crypto projects. The firm says the initiative will drive industry expansion and accelerate web3 adoption.
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