Binance to List Momentum Token for Spot Trading on November 4
Bybit joins Binance in debuting MMT on November 4, offering high-yield Megadrop and USDT trading contests to boost adoption of the asset tokenization project.
USDT
BNB
Summary
Bybit announced the official launch of Momentum (MMT) spot trading on November 4, 2025, alongside Binance’s previously confirmed rollout. In its press release, Bybit detailed a promotional campaign including a 900,000 MMT Megadrop yield event and a 200,000 USDT trading competition. Participants can earn up to 300% MMT yield plus additional airdrop rewards. This launch follows Binance’s expanded MMT offering, which includes margin trading, leveraged perpetual futures, and multiple spot pairs starting November 4, with deposits having opened on November 3.
Terms & Concepts
- Spot Trading: The purchase or sale of a financial instrument for immediate delivery and payment.
- Perpetual Contracts: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely with leveraged exposure.
- Leverage: Using borrowed funds to increase potential returns from an investment, expressed as a ratio such as 50x.