The way Binance operated is nuts:
- Daily 11pm leadership meetings—so nothing was blocked more than 24 hours
- Monthly KPIs in the trillions of dollars
- It was normal to have 50+ direct reports—so that individual contributors were never more than 1-2 levels away from the CEO
- An obession with the conversion rate of the tiniest segments of users
- Mayur (CPO) literally moved his desk to whichever team had the biggest 10x upside—or downside—at that moment.
- The business went from zero to $400B in 5 years 😮
Lenny Rachitsky
Mayur Kamat (@5degreez) is CPO at @n26, ex-Head of Product at @Binance, and built and scaled products at @Google (Gmail Mobile, Hangouts), @Microsoft, and travel unicorn @Agoda.
Mayur shares endless wild stories and a lot of unconventional product insights I've never heard before. There's something in this conversation for everyone.
Some of my biggest takeaways:
1. Binance’s leadership met every single day (often at 11 p.m.) so no decision waited more than 24 hours. Tight feedback loops beat elaborate planning.
2. Founder CZ kept about 55 direct reports so individual contributors were never more than one level away from the CEO. This forced leaders to live in the details and empowered ICs to “own the whole cell.”
3. Mayur literally moved his desk to whichever team had the biggest 10x upside—or downside—at that moment. Apply the same lens: growth and compliance issues usually move the needle fastest in fintech.
4. Treat “strategy” as a hypothesis pipeline: ship small, measure fast, double down on what the data proves. Tools like Statsig, Gemini summaries, and cohort dashboards make this possible at scale.
5. Work at companies that compound learning. High-growth environments (Google in the early mobile era, Agoda’s A/B culture, Binance’s hyperscale, N26’s pan-EU banking) give you daily reps and a powerful alumni network—worth far more than early salary bumps.
6. Optimize for your superpowers, not your gaps. Identify what energizes you—via StrengthsFinder-style assessments or honest reflection—and choose roles where those strengths decide success. Early in your career, ignore compensation differentials that don’t accelerate this fit.
7. Fast, reversible decisions beat “perfect” ones. In most product calls there’s no right vs. wrong—only slow vs. fast. Move quickly, learn, and pivot; reserve heavyweight processes for bets that could kill the company or the user.
8. Fintech creates exceptional PMs. Banking/financial products involve existential tradeoffs daily, requiring exceptional stakeholder management and decision-making skills.
Listen now 👇
• YouTube:
• Spotify:
• Apple:
Thank you to our wonderful sponsors for supporting the podcast:
🏆 @WorkOS — Modern identity platform for B2B SaaS, free up to 1 million MAUs:
🏆 @useparagon — Ship every SaaS integration your customers want:
🏆 @TrustVanta — Automate compliance. Simplify security:
16.67K
42
fity.eth
My first BNB play in a minute $CLANCY looks like a cool koala with potential 🐨🔥
11.63K
25
Luke Cannon
Would it be bearish for Hyperliquid if Coinbase launched perps in the US tomorrow? How about Robinhood? Or Binance?
The core value prop of a perp DEX is here to stay:
- self-custody
- transparency
- no KYC
I'm not worried about Coinbase, they couldn't ship an NFT marketplace, just got around to 4 hour candles, & can't keep their customer data safe.
My bet would be on Robinhood or Binance winning the centralized perps market in the US. They've proven they can ship good gambling products.
But the chart of Hyperliquid's market share is basically up only.
If Hyperliquid is eating CEX market share in geos that already have access to perps on top cexes (Binance, Bybit, etc), why would it play out any differently in the US?
Hyperliquid could even win the centralized perps market too (bunch of KYC frontends coming to market, or a CEX will monetize Hyperliquid's deep liquidity with builder codes).
But the CEX -> DEX trend is clear so that probably wouldn't even make a different long-term.
I've placed my bets.
Winners keep winning.
9.62K
8
JY🌱
It has been half a year since $THE was listed on Binance spot trading, during which it showcased a 20x surge in just 3 days. This DeFi super application has been firmly built on BSC since day one, and now aims to create an ecosystem-oriented "liquidity market." THENA has completed a stunning V3.3 revamp during its cooling-off period and is ambitious in terms of ecosystem integration.
With the recent buzz around BSC on Binance Alpha and the liquidity recovery brought by the stablecoin legislation, if the BSC ecosystem can regain its dominance in the future, THENA will undoubtedly be a high-quality project worth paying attention to. In 8 minutes, JY will give you a comprehensive breakdown of @ThenaFi_
【Contents】
00:00 Introduction 00:42 What is THENA? (THENA's current product structure: spot trading/derivatives trading/liquidity mining)
02:50 VE(3,3) Model: An evolution of voting, staking, and incentives
05:08 Challenges for THENA (Design flaws in the model/insufficient product capabilities/deviation from the main narrative of the cycle)
06:30 History and values of THENA
07:10 Future outlook: Turning points/development roadmap
@BNBCHAIN @binancezh
【Clear version on YouTube】:
Show original
12.23K
1
Lenny Rachitsky
Mayur Kamat (@5degreez) is CPO at @n26, ex-Head of Product at @Binance, and built and scaled products at @Google (Gmail Mobile, Hangouts), @Microsoft, and travel unicorn @Agoda.
Mayur shares endless wild stories and a lot of unconventional product insights I've never heard before. There's something in this conversation for everyone.
Some of my biggest takeaways:
1. Binance’s leadership met every single day (often at 11 p.m.) so no decision waited more than 24 hours. Tight feedback loops beat elaborate planning.
2. Founder CZ kept about 55 direct reports so individual contributors were never more than one level away from the CEO. This forced leaders to live in the details and empowered ICs to “own the whole cell.”
3. Mayur literally moved his desk to whichever team had the biggest 10x upside—or downside—at that moment. Apply the same lens: growth and compliance issues usually move the needle fastest in fintech.
4. Treat “strategy” as a hypothesis pipeline: ship small, measure fast, double down on what the data proves. Tools like Statsig, Gemini summaries, and cohort dashboards make this possible at scale.
5. Work at companies that compound learning. High-growth environments (Google in the early mobile era, Agoda’s A/B culture, Binance’s hyperscale, N26’s pan-EU banking) give you daily reps and a powerful alumni network—worth far more than early salary bumps.
6. Optimize for your superpowers, not your gaps. Identify what energizes you—via StrengthsFinder-style assessments or honest reflection—and choose roles where those strengths decide success. Early in your career, ignore compensation differentials that don’t accelerate this fit.
7. Fast, reversible decisions beat “perfect” ones. In most product calls there’s no right vs. wrong—only slow vs. fast. Move quickly, learn, and pivot; reserve heavyweight processes for bets that could kill the company or the user.
8. Fintech creates exceptional PMs. Banking/financial products involve existential tradeoffs daily, requiring exceptional stakeholder management and decision-making skills.
Listen now 👇
• YouTube:
• Spotify:
• Apple:
Thank you to our wonderful sponsors for supporting the podcast:
🏆 @WorkOS — Modern identity platform for B2B SaaS, free up to 1 million MAUs:
🏆 @useparagon — Ship every SaaS integration your customers want:
🏆 @TrustVanta — Automate compliance. Simplify security:
43.58K
28
BNB price performance in USD
The current price of BNB is $685.20. Since 00:00 UTC, BNB has decreased by -0.20%. It currently has a circulating supply of 145,887,576 BNB and a maximum supply of 200,000,000 BNB, giving it a fully diluted market cap of $99.98B. At present, the BNB coin holds the 4 position in market cap rankings. The BNB/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
As the Ethereum network witnessed a substantial increase in user activity and the adoption of decentralized applications (DApps), the need for scalability became a prominent issue for the first Layer-1 smart contract blockchain. To tackle this challenge, various Layer-2 scaling solutions were introduced to mitigate scalability concerns.
Among these scaling solutions, the Build 'N Build (BNB) Chain has emerged as a competitive player by offering asset-bridging capabilities across different chains. This has provided the BNB Chain with a distinct advantage over established platforms like Ethereum, enabling it to address the scalability limitations and cater to the growing demands of the DApp ecosystem.
What Is the BNB Chain?
The BNB Chain, established in February 2022, is a comprehensive modular system that combines the advancements of the Binance Chain (BC) and the Binance Smart Chain (BSC). The introduction of the BNB Smart Chain (BSC) was a response to certain limitations observed in the BC to complement its functionality.
While the BC was primarily designed to cater to decentralized exchanges (DEX) and focused on achieving high transaction throughput and delivering an enhanced user experience, it lacked smart contract functionality. Instead of incorporating additional functionality into the BC, which could have impacted network efficiency, the Binance community developed the BSC as a separate entity to address these concerns and provide the desired smart contract functionality.
After the merger of both chains, the BC assumed the role of a dedicated layer for governance, encompassing voting and staking functionalities. On the other hand, the BSC was specifically designed to execute Ethereum Virtual Machine (EVM) consensus and support Ethereum-compatible applications, including MetaMask. This strategic implementation allows for seamless integration with smart contracts on the BSC
The BNB Team
The BNB team is led by Changpeng Zhao "CZ," the founder of Binance, who introduced the BNB token and established the BNB Chain in 2017. Another key member of the team is He Yi, the co-founder and chief marketing officer. Before joining Binance, Yi served as Vice President at Yixia Technology, a leading mobile video tech company.
BNB: The utility token of the BNB Chain
BNB, the native utility token of the BNB Chain, plays a pivotal role within the BSC ecosystem. As the governance token, BNB enables holders to actively participate in shaping the development and future of the ecosystem. Additionally, BNB is essential for developers seeking to participate in token sales conducted on the Binance Launchpad.
BNB tokenomics
The BNB token operates under specific tokenomics. It has a maximum capped supply of 200,000,000 tokens, and a deflationary burning mechanism is in place to gradually reduce the supply to 100,000,000 coins. Currently, the total supply of BNB is 157,900,174, with 157,886,280 tokens currently in circulation.
BNB use cases
In recent years, the use cases of BNB have expanded significantly, offering a range of functionalities. These include participating in governance proposals through voting, staking to contribute to the network's security, utilizing BNB as collateral for loans on decentralized finance (DeFi) platforms, and covering transaction fees within the Binance ecosystem. Furthermore, BNB is accepted as a form of payment for credit card transactions at select merchants who support it.
BNB distribution
BNB was introduced in July 2017, initially distributing 200,000,000 coins according to the following allocation:
Fifty percent of the supply was issued through an initial coin offering (ICO) held in 2017.
Forty percent of the supply was reserved for the foundation team.
Ten percent of the supply was distributed to angel investors.
Expanding the utility of the BNB Chain
The BNB community is dedicated to enhancing the BNB Chain by integrating side chains and implementing zk-rollups. These advancements aim to provide customized blockchain solutions and improve scalability, enabling efficient and high-performance operations. With these developments, there is optimism for a resurgence in interest and value for BNB, potentially approaching or surpassing its previous peak of $690.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 17K new posts about BNB, driven by 7.1K contributors, and total online engagement reached 6.8M social interactions. The sentiment score for BNB currently stands at 86%. Compared to all cryptocurrencies, post volume for BNB currently ranks at 524. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of BNB.
Powered by LunarCrush
Posts
16,741
Contributors
7,134
Interactions
6,782,768
Sentiment
86%
Volume rank
#524
X
Posts
13,217
Interactions
5,615,621
Sentiment
87%
BNB FAQ
Is the Binance Smart Chain dependent on the Binance Chain?
No, the Binance Smart Chain (BSC) operates independently as a separate blockchain and is not dependent on the Binance Chain (BC). While they exist within the Binance ecosystem, the BSC is designed to maintain its technical and business capabilities, ensuring its continued operation even if the BC ceases its activities.
Is BNB part of Binance?
While Binance initially created BNB, it has evolved into more than just a part of the Binance platform. The BNB Chain has become an independent decentralized network with its own ecosystem and use cases, extending beyond its association with the Binance cryptocurrency exchange.
Where can I buy BNB?
Easily buy BNB tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include BNB/USDT and BNB/USDC.
Currently, one BNB is worth $685.20. For answers and insight into BNB's price action, you're in the right place. Explore the latest BNB charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as BNB, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BNB have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Start your crypto journey
Faster, better, stronger than your average crypto exchange.
Socials