Written by: Scof, ChainCatcher Compiled by: TB, ChainCatcher
The BSC chain has been extremely hot recently.
Since CZ called out $Mubarak, a large amount of funds have poured in, giving rise to several golden dogs with astonishing increases, driving the BSC ecosystem to heat up. According to Defillama data, the transaction fees of DEX PancakeSwap on the BSC chain surpassed Uniswap in the past 24 hours, ranking first.
In addition to the meme coin craze, high-quality projects in the BSC chain ecosystem are also emerging. According to Rootdata data, there are currently 201 projects on the BSC chain that have received financing, have not yet issued coins, and are still in operation, including star projects supported by institutions such as Binance Labs (now YZi Labs) and Polychain. These projects cover DeFi, cross-chain liquidity, AI computing and other fields, representing the long-term development direction of the BSC ecosystem.
This article will review the 7 most active meme coins on the BSC chain in recent transactions, and introduce 5 ecological projects that have received financing but have not yet issued coins, and analyze their narratives for readers' reference.
Arabic concept meme
1. $mubarak (mubarak)
Mubarak means "blessed" in Arabic and is often used for holiday greetings.
On the afternoon of March 13, Binance's official Chinese account X reposted a meme image dressed in Arabic, and later CZ himself also reposted it with the text "Mubarak". Subsequently, a large number of memes with the same name emerged on the chain.
Perhaps to avoid the problem of multiple contracts being mixed in the Broccoli incident, CZ retweeted a tweet from a Mubarak community member on the morning of March 14, indirectly designating the official CA.
On March 15, CZ posted a meme image of Mubarak on Binance Square with the caption "Meet a friend on the weekend." The token price immediately soared from $0.004 to $0.04. That evening, Binance Alpha launched mubarak, and the market speculated that it might officially land on Binance, and the coin price fluctuated violently around $0.04.
On March 16, the wallet address marked as CZ bought $mubarak of 1BNB, and then the token continued to rise, with a market value of more than $270 million.

2. $Mubarakah (Mubarakah)
Mubarakah is a "female version" of mubarak launched by the community based on the meme of Mubarak and combined with the image of He Yi. It has not yet been "selected" by CZ or He Yi, and mainly relies on the promotion of the community.

3. $QMubarak (QueenyiMubarak)
QMubarak is also a meme derived from Mubarak, and Mubarakah The same concept, both are about the "Middle East version of He Yi". The image of the meme was forwarded by He Yi's account X, and then it increased by more than 200 times.
Community concept meme
4. $BNB Card (BNB Card)
Binance officially issued an early construction card. Some people used this stalk to issue coins. Later, some people showed off their own cards, and even Yijie posted a message in support
On March 18, He Yi posted a picture based on BNBCard on his X account, with the text "Humble little He listens to advice online". The token then rose by more than 60% in one hour.
However, due to the large-scale selling of the token by @Wolfy_XBT, the largest holder of the token, at the high point, the price of the token experienced a huge downward shock, and the market value once fell from nearly 10 million US dollars to 3 million US dollars. After being collectively condemned, the user donated 3% of the chips to CZ. After several twists and turns, the community also had new expectations for the token.
5. $DDDD (DDDD)
$DDDD was born during the downtime of the Four platform. It is the first letter of the Chinese words "带带弟" and "懂都懂". A sister proposed this word on Twitter. Initially, $DDDD was misunderstood during the FUD process and even misinterpreted by a sister. It was later clarified. This twists and turns made it a memorable meme. The repeated four-letter form makes it easy to spread and allows more people to understand the unique style of Chinese memes.
6. $TUT (Tutorial)
$TUT is a memeCoin that is advertised as being built by real builders. It now has its own website and roadmap. 10 months ago, the developer recorded the first tutorial on how to issue tokens on the BNB chain, which mentioned the $TUT token. Therefore, the token is considered to be more OG than $TST and has been hyped in the recent BSC craze.
7. $Palu (Binance'sPalu)
Palu first appeared as Binance's mascot. Binance's Chinese official account has used the #Web3 Palu tag many times, but the community response was flat.
Until March 14, Binance released an exchange organizational chart, in which the "mysterious eighth person" was identified as Palu, the king of bad memes, and this also symbolizes all Binance users. He Yi's comments further fueled the hype, and the meme quickly went viral.

Projects that have received financing but have not issued tokens
According to Rootdata data, BNB Chain currently has 201 projects that have received financing, have not issued tokens, and are still in operation. This article selects 5 representative projects from the track for inventory.
1. APRO
Keywords: Polychain investment; MVB Season 8; AI infrastructure
Introduction: APRO is the industry's first data communication infrastructure serving the AI Agent ecosystem, aiming to solve the problem of lack of secure, verifiable and real-time communication between AI Agents. Its core products include the AI data transmission standard protocol ATTPs (Agent Text Transfer Protocol Secure) and the trusted data feed AI Oracle. Through large models, zero-knowledge proofs, consensus mechanisms and other technologies, it acts as the data hub of AI Agents, providing multi-source, verifiable, and tamper-proof information, including price data, social media data, game data, etc., to ensure data authenticity. Provide decentralized data transmission support for AI Agents in important application scenarios such as DeFi, DAO governance, and token launch, so that AI agents can directly achieve efficient collaboration and make smarter decisions such as autonomous transactions and governance.
The project completed a $3 million seed round of financing on October 7, 2024, led by well-known investment institutions Polychain, Franklin Templeton and ABCDE. In addition, APRO's AI map has integrated multiple AI agent frameworks such as DeepSeek, ElizaOS, and Virtuals Protocol (G.A.M.E), and runs more than 20 public chains such as BNB Chain, Base, and Solana. The project has not yet announced the token economics.
2. Astherus
Keywords: Yzi Labs investment; MVB Season 7; re-staking
Introduction: Astherus is a multi-asset liquidity center focused on improving the yield and utility of crypto assets. Its core products include AstherusEarn (income generation) and AstherusEX (on-chain perpetual trading), which support cross-chain assets and provide users with stablecoin income, derivatives trading and efficient asset utilization.
Astherus consists of the dApp layer, the DeFi infrastructure layer and the future L1 public chain AstherusLayer to build a complete decentralized financial ecosystem
On July 30, 2024, Astherus was selected as one of the first projects in the seventh season incubation plan of Binance Labs (now YZi Labs), and received strategic financing from YZi Labs on November 28 of the same year.
According to the official website, the current TVL of the project has reached 275 million US dollars. On January 7, 2025, Astherus has started the first phase of the competition. Users can obtain Au points by forming LP pools, casting USDF, etc., and can obtain Rh points by participating in transactions. The project party clearly stated that the points can be used for the allocation of the token $ASS during TGE.
3. KiloEx
Keywords: Yzi Labs investment; MVB Season 6; DeFi derivatives
Introduction: KiloEx is an innovative perpetual contract DEX designed for multi-asset trading, dedicated to solving the bottlenecks of risk management and capital efficiency of traditional decentralized derivatives platforms. Its core mechanisms include a dynamic margin system and an intelligent liquidity aggregation engine. By introducing an on-chain risk stratification model and an automated position balancing algorithm, it significantly improves user capital utilization and reduces the risk of liquidation in extreme market conditions. The platform supports one-stop trading of multiple asset categories such as cryptocurrencies, foreign exchange, and stocks, providing individual traders and institutional users with seamless hedging, cross-market arbitrage, and asset allocation capabilities.
KiloEx adopts a modular architecture design, compatible with EVM and non-EVM public chain ecosystems, and has been deployed on Ethereum, BNB Chain and Solana networks. In the future, it will achieve full-chain liquidity sharing through cross-chain communication protocols.
In March 2024, it announced that it had received strategic investment from Binance Labs (now YZi Labs), Foresight Ventures and other institutions. Recently, the official said that its TGE originally scheduled for March 17 will be postponed, and the time is to be determined.
4. LoopCrypto
Keywords: a16z investment; payment infrastructure
Introduction: LoopCrypto is a protocol that supports automatic payment of cryptocurrencies. It is designed for subscription services, DAO fund management, and corporate salary payments to solve the problems of cumbersome Web3 transactions and high churn rates. Through APIs and smart contracts, Loop allows companies to seamlessly integrate automatic payments, support multiple billing models, and be compatible with existing payment systems to achieve an efficient and convenient crypto payment experience
The project completed a $4 million seed round of financing on April 14, 2022, led by the well-known investment institution a16z. The project has not yet announced the token economics.
5. Sign Protocol
Keywords: Yzi Labs investment; full-chain authentication infrastructure
Introduction: Sign Protocol is the first verifiable declaration protocol for the full-chain ecosystem, aiming to solve the core pain points of the authenticity and lack of legal effect of on-chain information. Its core components include: Signatures, a compliance authentication framework based on digital signatures and zero-knowledge proofs, allows users to sign legally binding smart contracts with private keys and generate tamper-proof on-chain evidence; TokenTable, a full life cycle management tool designed for token distribution, provides standardized solutions from lock-up rule setting, vesting period allocation to automatic execution of defaults.
By integrating decentralized storage and verifiable credentials (VC) technology, Sign Protocol has built an end-to-end trusted authentication infrastructure for scenarios such as DeFi protocol audits, DAO governance voting, and NFT copyright declarations.
On January 28, 2025, the project announced that it had received $16 million in financing led by Yzi Labs, with participation from HackVC, Amber Ventures and others.