Binance Wallet has emerged as the clear leader in the public token launch market, delivering the strongest returns over the past year.
Peak performance was even more pronounced. At their highs, these tokens delivered returns exceeding 78 times, highlighting the intensity of early-stage demand.
In total, Binance Wallet supported 44 projects during the period, with the most recent launch on December 17. No rival launchpad approached these record highs, underscoring Binance Wallet’s leadership in initial token offerings.
Rival Platforms Deliver More Modest Outcomes
While Binance Wallet led decisively, performance across rival platforms was notably weaker. MetaDAO ranked second, posting an average current return of 4.15 times. Its projects reached peak gains of 8.73 times across seven launches, with the most recent occurring in mid-November.
MetaDAO’s growing prominence highlights a renewed focus on issuing tokens on Solana, especially as conventional Solana listing platforms tighten their selection criteria.
OKX Wallet followed MetaDAO, resulting in an average current return of 3.22×. Although it launched only three projects during the year, those tokens reached peak gains of nearly 35 times their initial value.
However, researchers caution that small sample sizes can inflate peak-return metrics and therefore may not accurately reflect sustained platform performance.
Echo Gains Visibility Following Coinbase Acquisition
Echo ranked fourth among tracked launchpads, combining steady issuance with moderate returns. Specifically, its projects delivered an average current return of 2.83 times, while peak gains exceeded 17 times across 30 launches.
Founded by crypto investor Cobie, Echo was later acquired by Coinbase for $375 million. Coinbase stated that the acquisition aims to streamline community-based fundraising and enhance transparency in public token sales, signaling renewed institutional interest in compliant launchpad models.
Returns Decline Sharply Beyond the Top Tier
Outside the leading platforms, performance dropped off significantly. For instance, MEXC recorded current returns of 1.98 times, followed closely by Kraken Launch at 1.92 times. Meanwhile, Buildpad posted more modest gains of approximately 1.22 times, despite earlier peaks of up to 10 times across six projects.
At the same time, several platforms, including Cake Pad, Legion, and Bybit, fell below their initial launch prices altogether.
In aggregate, DeFi Oasis data indicate that eight of the twelve major launchpads have delivered returns of less than 2x, with five already trading below break-even.
Launchpad Ranking## Exit Timing Becomes the Decisive Factor
Analysts tracking these trends identify exit timing as the key differentiator in outcomes. According to DeFi Oasis, participants who sold shortly after launch were far more likely to make a profit.
By contrast, longer-term holders often saw returns deteriorate as post-launch selling pressure intensified and liquidity declined. In this environment, liquidity management consistently outweighed token fundamentals in determining performance.
Broader Market Trends Explain the Shift
Broader market dynamics help explain this pattern. The total value locked (TVL) in decentralized finance (DeFi) declined by approximately 32% between February and April, as capital shifted away from risk assets. Although some funds later returned, the market stabilized at a higher base rather than fully recovering.
Consequently, this backdrop favored short-term trading strategies over extended holding periods.
Indeed, launchpad-related activity peaked on October 1, with volumes surpassing $530 million. By December, total value locked had declined to roughly $344 million. During the same period, seven-day fees reached $7.38 million, while revenue totaled $6.69 million.
Launchpad TVL## High Activity, Limited Holding Power
Despite these headwinds, short-term participation remained robust, particularly across experimental platforms such as four.meme, pump.fun, and Binance Alpha. These projects attracted intense early engagement, but holding conviction weakened once initial momentum subsided.
Consequently, the advantage consistently shifted toward participants who exited early rather than those who maintained longer exposure.
A Market That Rewards Discipline Over Patience
Taken together, the data paints a clear picture of today’s launchpad landscape. Overall, the sector remains active and capable of generating outsized returns, but primarily for disciplined participants with well-timed exits.
However, long-term exposure remains elevated as early momentum fades. Even as compliant platforms such as Buildpad, Sonar, Kaito, and Legion gain traction, the underlying pattern remains intact.
Ultimately, according to DeFi Oasis and CryptoRank, success in modern token launches depends less on patience and more on timing, liquidity, and disciplined exit strategies.
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Binance Wallet Projects Achieve 78X Gains, Now Go-To Launch Platform for High-Yield Token Launches
Binance Wallet has emerged as the clear leader in the public token launch market, delivering the strongest returns over the past year.
Peak performance was even more pronounced. At their highs, these tokens delivered returns exceeding 78 times, highlighting the intensity of early-stage demand.
In total, Binance Wallet supported 44 projects during the period, with the most recent launch on December 17. No rival launchpad approached these record highs, underscoring Binance Wallet’s leadership in initial token offerings.
Rival Platforms Deliver More Modest Outcomes
While Binance Wallet led decisively, performance across rival platforms was notably weaker. MetaDAO ranked second, posting an average current return of 4.15 times. Its projects reached peak gains of 8.73 times across seven launches, with the most recent occurring in mid-November.
MetaDAO’s growing prominence highlights a renewed focus on issuing tokens on Solana, especially as conventional Solana listing platforms tighten their selection criteria.
OKX Wallet followed MetaDAO, resulting in an average current return of 3.22×. Although it launched only three projects during the year, those tokens reached peak gains of nearly 35 times their initial value.
However, researchers caution that small sample sizes can inflate peak-return metrics and therefore may not accurately reflect sustained platform performance.
Echo Gains Visibility Following Coinbase Acquisition
Echo ranked fourth among tracked launchpads, combining steady issuance with moderate returns. Specifically, its projects delivered an average current return of 2.83 times, while peak gains exceeded 17 times across 30 launches.
Founded by crypto investor Cobie, Echo was later acquired by Coinbase for $375 million. Coinbase stated that the acquisition aims to streamline community-based fundraising and enhance transparency in public token sales, signaling renewed institutional interest in compliant launchpad models.
Returns Decline Sharply Beyond the Top Tier
Outside the leading platforms, performance dropped off significantly. For instance, MEXC recorded current returns of 1.98 times, followed closely by Kraken Launch at 1.92 times. Meanwhile, Buildpad posted more modest gains of approximately 1.22 times, despite earlier peaks of up to 10 times across six projects.
At the same time, several platforms, including Cake Pad, Legion, and Bybit, fell below their initial launch prices altogether.
In aggregate, DeFi Oasis data indicate that eight of the twelve major launchpads have delivered returns of less than 2x, with five already trading below break-even.
Analysts tracking these trends identify exit timing as the key differentiator in outcomes. According to DeFi Oasis, participants who sold shortly after launch were far more likely to make a profit.
By contrast, longer-term holders often saw returns deteriorate as post-launch selling pressure intensified and liquidity declined. In this environment, liquidity management consistently outweighed token fundamentals in determining performance.
Broader Market Trends Explain the Shift
Broader market dynamics help explain this pattern. The total value locked (TVL) in decentralized finance (DeFi) declined by approximately 32% between February and April, as capital shifted away from risk assets. Although some funds later returned, the market stabilized at a higher base rather than fully recovering.
Consequently, this backdrop favored short-term trading strategies over extended holding periods.
Indeed, launchpad-related activity peaked on October 1, with volumes surpassing $530 million. By December, total value locked had declined to roughly $344 million. During the same period, seven-day fees reached $7.38 million, while revenue totaled $6.69 million.
Despite these headwinds, short-term participation remained robust, particularly across experimental platforms such as four.meme, pump.fun, and Binance Alpha. These projects attracted intense early engagement, but holding conviction weakened once initial momentum subsided.
Consequently, the advantage consistently shifted toward participants who exited early rather than those who maintained longer exposure.
A Market That Rewards Discipline Over Patience
Taken together, the data paints a clear picture of today’s launchpad landscape. Overall, the sector remains active and capable of generating outsized returns, but primarily for disciplined participants with well-timed exits.
However, long-term exposure remains elevated as early momentum fades. Even as compliant platforms such as Buildpad, Sonar, Kaito, and Legion gain traction, the underlying pattern remains intact.
Ultimately, according to DeFi Oasis and CryptoRank, success in modern token launches depends less on patience and more on timing, liquidity, and disciplined exit strategies.