Headline: Binance Launches $400 Million Compensation Initiative to Support Users After Market Collapse Translation: Binance запускает программу компенсации на $400 миллионов для поддержки пользователей после обвала рынка.

On October 14, Binance introduced the Together Initiative with a budget of $400 million. This initiative aims to assist users and the industry in the aftermath of the recent market crash that led to the largest volume of liquidations in history. The program includes compensation for affected traders and loans for institutional clients, as announced on the exchange’s website.

Binance will provide payouts ranging from $4 to $6,000 to users who experienced losses from forced liquidations in the futures and margin markets on October 10-11, 2025. The total compensation pool will amount to $300 million in USDC.

The payout amounts will depend on the extent of losses, the percentage of losses, and other relevant factors. Binance plans to begin distributing USDC within 24 hours and aims to complete payments to spot accounts within 96 hours.

For institutional participants impacted by market fluctuations, the exchange will establish a low-interest loan fund totaling $100 million. This funding is intended to help restart trading, alleviate liquidity issues, and ensure the stable operation of partners.

VIP users and institutional clients can submit their applications through their account managers. Binance promises a prompt response and complete confidentiality.

“While we do not take responsibility for user losses, we are implementing this initiative because we believe that restoring trust in the industry is crucial. Ultimately, Binance has chosen to allocate resources where they are most needed—towards our users. This reflects our belief in the long-term growth of the industry and our commitment to a user-centric approach,” emphasized representatives of the exchange.

The company urged traders to invest sensibly, manage positions cautiously, and take into account the volatility of the crypto market.

It is worth noting that as a result of the crash on October 11, over 1.6 million traders were liquidated, the majority of which occurred on Binance and Hyperliquid. Binance acknowledged that some of the liquidations were linked to a temporary loss of pegging for USDe, bnSOL, and wBETH.