Binance is promoting its platform's low market cap projects to increase liquidity in order to implement a "sustainable risk management program."

ChainCatcher news, according to The Block, in the past week, Binance staff contacted multiple projects to inquire about the details of their relationships with market makers and whether they would consider providing funding for the exchange's savings products. Specifically, Binance asked these projects if they would consider depositing 1%-5% of their circulating tokens into their savings accounts to earn interest. The news indicates that if the relevant projects have no relationship with market makers or do not wish to provide funding for their savings products, Binance would also seek an explanation.

A Binance spokesperson stated that this promotion is part of a "continuous risk management program," targeting a few cryptocurrencies listed on the exchange, which either have low trading pair liquidity or are relatively small in market capitalization. The spokesperson noted that such projects may expose users to risks, "including potential market manipulation."