VICTORIA, Seychelles, April 15, 2025 (GLOBE NEWSWIRE) -- Global crypto exchange BYDFi has officially listed $KERNEL, the governance token of KernelDAO, with spot trading now live for the KERNEL/USDT pair. To mark the launch, BYDFi is offering a $5,000 prize pool—all users who trade KERNEL are eligible to win a share.
Backed by Binance Labs, $KERNEL Leads the Restaking Movement
$KERNEL powers KernelDAO, one of the fastest-growing restaking ecosystems in the DeFi space. Built across major networks including BNB Chain, Ethereum, and Bitcoin, KernelDAO has quickly become a key player in modular security and restaking infrastructure.
- KernelDAO’s three core products—Kelp rsETH, Kernel, and Kelp Gain—now boast a total TVL exceeding $2 billion
- Over $600 million in TVL secured on BNB Chain alone, making it the chain’s largest security layer
- Integrated with 25+ decentralized validation networks (DVNs)
- Backed by a $40 million ecosystem fund, supporting 45+ projects with embedded restaking use cases
In 2024, KernelDAO raised $10 million in funding led by Binance Labs, Laser Digital, SCB Limited, and Hypersphere Ventures—further validating its long-term potential.
Market Momentum
$KERNEL is currently trading at $0.271, with 24-hour trading volume reaching $330 million—a 120% surge since launch day, signaling strong market interest and traction.
Triple Rewards, Only on BYDFi
Starting today, users who trade the KERNEL/USDT pair on BYDFi have the chance to:
- Win from the $5,000 prize pool
- Claim up to 8,100 USDT in new user rewards
- Participate in BYDFi’s 5th Anniversary special offers
For more details, visit the BYDFi official website or download the BYDFi app.
About BYDFi
Founded in 2020, BYDFi has been recognized by Forbes as one of the world’s top 10 cryptocurrency exchanges, and is listed by both CoinMarketCap and CoinGecko. The platform now serves over 1,000,000 users across more than 190 countries and regions worldwide.
The platform offers 24/7 multilingual customer support to ensure users receive expert assistance anytime. BYDFi is committed to delivering a world-class crypto trading experience for every user. BUIDL Your Dream Finance.
- Website: https://www.bydfi.com
- Support Email: cs@bydfi.com
- Business Partnerships: bd@bydfi.com
- Media Inquiries: media@bydfi.com
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