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Binance Alpha Launches GAIN Token With Official Contract Address

Binance Alpha Launches GAIN Token With Official Contract Address

Binance Alpha has revealed a contract swap for Griffin AI's GAIN token, with a 1:1 token swap and compensation plan after a recent hack, resuming trading on October 13, 2025.

Fact Check
The evidence strongly supports the statement. PANews directly reports that 'Binance Alpha has launched GAIN' and provides a contract address. This is corroborated by several other sources, including Griffin AI's own blog and Business Insider, which mention a relaunch of the GAIN token specifically for 'Binance Alpha users'. The context provided about a relaunch due to an exploit further reinforces the existence of a new, official contract address.
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Summary

Following a hack incident, Binance Alpha has announced a contract swap for Griffin AI's GAIN token. Trading will resume on October 13, 2025, with a 1:1 token swap for users, funded partially by Binance Alpha and Griffin AI. The project also plans a buyback, to be announced separately.

Terms & Concepts
  • Token Swap: A process where users exchange an old version of a token for a new one, often used in cases of token upgrades or security incidents.
  • Compensation Plan: A strategy devised by companies to reimburse affected users, often after a security breach or hack, to restore user trust and mitigate losses.