TechFlow news, October 14 — Binance announced the launch of its "Together Initiative," an industry recovery and confidence-building program, in response to recent extreme volatility in the global crypto market. The plan includes two core measures:
First, Binance will distribute a total of $300 million in cash vouchers to compensate users who meet all the following criteria: suffered forced liquidations during futures and margin trading between October 10–11, 2025; incurred total liquidation losses of at least $50 equivalent; and experienced liquidation losses amounting to at least 30% of their total assets (based on asset snapshots from October 9). Voucher amounts will range from $4 to $6,000, with distribution expected to begin within 24 hours and be completed within 96 hours.
Second, Binance has established a $100 million low-interest loan fund to assist ecosystem and institutional users severely impacted by market fluctuations, helping them resume trading and alleviate liquidity pressures. Eligible VIP and institutional users can apply through their dedicated account managers.
Binance stated that while it does not accept legal liability for user losses, it believes rebuilding industry confidence is critical. The company reaffirmed its confidence in the long-term development of the crypto industry, while reminding users of the high risks inherent in cryptocurrency markets and urging rational investment and prudent position management.
