MEXC Pre-Market: Blum(BLUM) Settlement Timeline
The Blum(BLUM) project team has announced the tokenomics and confirmed the total token supply. BLUM Pre-Listing Points will soon be mapped to BLUM tokens. The settlement process for Blum(BLUM) pre-market trading will commence shortly. Please ensure that your Spot account holds sufficient BLUM tokens and complete the delivery of all tokens in your pending settlement orders within the specified timeframe. Failure to deliver on time will result in the loss of all collateral.
BLUM Pre-Listing Point Total Supply: 10,000,000,000
BLUM Token Total Supply: 1,000,000,000
Mapping Ratio: BLUM Point : BLUM Token = 10:1
Key Timeline
Pre-Market Trading Ends: Jun 27, 2025, 08:00 (UTC)
Spot Trading Starts: To be announced
Pre-Market Delivery Starts: Jun 27, 2025, 12:00 (UTC)
About Pre-Listing Points
- What are Pre-Listing Points?
Pre-Listing Points refer to a special type of pre-market trading where the project team has not yet finalized the tokenomics, such as the maximum supply and other details. These tokens are initially traded as points based on a predetermined maximum supply. Once the project team officially reveals tokenomics, the platform will proportionally adjust the quantity and price of your filled orders according to the actual maximum supply, while ensuring that the total order amount remains unchanged. You can then review your adjusted orders in the official pre-market trading project and prepare for settlement.
- How are Pre-Listing Points settled?
Pre-Listing Points follow the core principle of maintaining the total market value of the token:
- Assume the pre-issuance supply of Token A points is 100,000,000, serving as proof of eligibility to participate in Token A pre-market trading.
- Subsequently, the total supply of Token A is confirmed as 1,000,000,000.
- The conversion ratio is Total Token A supply : Total Token A points supply = 10 : 1.
- The actual settlement quantity of Token A will be the quantity of Token A points in all completed orders multiplied by 10, with the total order value remaining unchanged.
Token Type | Max Supply | Price | Quantity | Amount | Collateral |
BLUM Point | 10,000,000,000 | 1 USDT | 100 | 100 USDT | 100 USDT |
BLUM Token | 1,000,000,000 | 1*10 USDT | 100/10 | 100 USDT | 100 USDT |
Changes | 10x smaller | 10x larger | 10x smaller | Unchanged | Unchanged |
About Blum(BLUM)
Blum is a hybrid exchange, offering universal token access through gamification within a Telegram mini-app. Blum enables access to CEX and DEX coins in one platform, supports 30+ chains and offers additional features, including AI co-pilot, localised P2P trading, simple derivatives, unified CEX and DEX trading.
Total Supply:1,000,000,000 BLUM
Pre-Listing BLUM Points Supply: 10,000,000,000
About Pre-Market Trading
Pre-market trading is an OTC (Over-The-Counter) service provided by MEXC that allows traders to buy and sell new tokens before they are officially listed on the cryptocurrency exchange.
For more information, please refer to this article.