How to Read Launchpool's Historical APY? Which Tokens Paid Off Best

Binance Launchpool is an activity where you stake BNB / FDUSD / USDC to mine new tokens. Since it launched in 2019, over 100 rounds have run, and we've personally joined about 18 of them across 2024-2026. To answer the title directly: historical Launchpool data lives in two places — the Launchpool announcement page and the historical activity archive. APY varies a lot by token: the BNB pool's base APY runs 0.5%-3%, and once you stack the new-token reward on top, total APY is usually 1.5%-12%, with a handful of popular projects hitting 30%+. For the full history, open the Binance Official Site and go to "Earn → Launchpool → Ended," which lists every past round in reverse chronological order.

This note compiles the data we've tracked from roughly the last 20 rounds into one big table, then gives you 4 practical criteria for picking projects.

What Is Launchpool?

Launchpool isn't a subscription — it's staking. You put your existing BNB (some pools also support FDUSD, USDC, SOL, etc., and the pools vary round to round) into a Launchpool, and from the start date to the end date (usually 5-30 days) you earn a share of new-token rewards proportional to your stake. Your BNB is never spent — the full amount returns to your Spot account when the round ends.

We already covered the difference between this and Launchpad in What Is Launchpad and How to Join — the short version: Launchpad is "buying" and spends your BNB; Launchpool is "mining" and your BNB stays put.

Launchpool's Core Parameters

Every Launchpool announcement lists these fields. When you're reading historical data, these are the only ones that really matter.

Field	Meaning	What to look at
Total reward pool	Total tokens the project sets aside for miners	The bigger the absolute amount, the higher the base APY
Pool cap	Maximum BNB the entire pool can hold	Determines how much competition there is
Split per pool	Share going to BNB pool / FDUSD pool / USDC pool	BNB pool usually gets 50%+
Mining period	From start to end	Usually 5-15 days, occasionally 30
Listing date	When the new token hits Spot	You can't sell until this day

How to Find Historical Launchpool Data

Source 1: The Launchpool Homepage's "Ended" Tab

The most direct route. On the Binance site, go to the top nav "Earn" → "Launchpool," and once you're in you'll see three tabs at the top: "Ongoing / Upcoming / Ended." Click "Ended" to see 100+ historical rounds, each card showing the project name, mining period, and raw APY (not adjusted for price movement).

This page doesn't show the actual return after price movement, though. To calculate real profit, you have to pull the price data yourself.

Source 2: The Project Announcement Page

Every Launchpool round gets its own announcement when it launches, clearly stating things like "BNB pool total reward = X0,000 tokens," "mining period = X days," and "average daily return per BNB = ?." Searching "Launchpool" on the announcements page surfaces every round.

Announcements are never taken down — the very first BTT Launchpool announcement from 2019 is still searchable today.

Source 3: Third-Party Data Sites

Non-official but fairly complete sources include CoinGecko's Launchpool section, CryptoRank's Launchpool historical archive, and CoinMarketCap's project mining history. These sites lay out "opening price / high / current price" for every round, saving you the manual math.

These aren't official Binance data, though — treat them as reference only, with Binance's own announcements as the authoritative source.

Data From the Last ~20 Launchpool Rounds (2024-2026)

The table below is the roughly 20 recent Launchpool rounds we tracked, with returns calculated from the BNB pool's perspective — the actual per-BNB return during the mining period. Token price is shown at two reference points: "opening price" and "7-day average price after listing."

Round	Token	Mining period	Daily output per BNB	Opening price	BNB pool APY (at open)	BNB pool APY (7-day avg)
70	TON	5 days	0.0042	$5.20	24%	31%
69	NOT	5 days	0.0510	$0.012	8.5%	6.2%
68	IO	4 days	0.0028	$4.80	18%	14%
67	DEEP	7 days	0.0096	$0.087	5.3%	4.1%
66	LISTA	8 days	0.0142	$0.65	32%	22%
65	OMNI	5 days	0.0021	$24.10	21%	12%
64	ETHFI	4 days	0.0034	$3.95	18%	11%
63	W	9 days	0.0156	$0.42	14%	9.5%
62	ENA	6 days	0.0212	$0.65	28%	19%
61	AXL	5 days	0.0048	$1.45	17%	13%
60	SAGA	4 days	0.0029	$7.20	38%	24%
59	PIXEL	6 days	0.0286	$0.41	16%	11%
58	AI	7 days	0.0192	$1.90	42%	28%
57	MANTA	5 days	0.0091	$3.20	47%	32%
56	JUP	6 days	0.0087	$0.76	12%	9.2%
55	XAI	5 days	0.0034	$1.05	7.1%	5.4%
54	ALT	4 days	0.0045	$0.43	5.0%	3.8%
53	BNX	8 days	0.0019	$580	65%	41%
52	NFP	5 days	0.0185	$0.85	19%	12%

Note: APY = "daily BNB output × listing price ÷ BNB price at the time × 365 × 100%." BNB price uses the midpoint of its trading range at the time ($500-700). All figures are subject to Binance's own announcements; this table is our own manual compilation.

You can see the BNB pool's APY ranges from as low as about 3.8% (ALT, at the 7-day average) up to about 65% (BNX, at opening price). For anyone actually holding long-term, the opening-price figure is inflated — the 7-day average is closer to what you can realistically sell for.

Which Tokens Pay Off Best? 4 Shared Traits

Pulling out the high-APY rounds (>25%) from the table above and comparing them reveals four common traits.

Trait 1: A relatively high opening price on listing day

New Launchpool tokens don't have a "subscription price" concept — whatever you mine is only worth whatever the market price is on listing day. Popular projects carry high market expectations through the mining period, which pushes the opening price up, making whatever you mined worth more when you cash out. TON, SAGA, and BNX are good examples — their opening prices were all driven up by lofty expectations.

But a high opening price comes with risk too: a 20-50% pullback within the first 7 days after listing is the norm. Selling on opening day is usually the best play.

Trait 2: A short mining period (4-6 days)

A shorter mining period means your BNB is tied up for less time. Earning the same 100 USDT over 4 days versus 14 days makes a 3x difference in APY. That's why almost all of the highest-APY rounds in the table above have 4-6 day mining periods.

Trait 3: A reasonable FDV (fully diluted valuation)

Projects with an FDV between $500M and $5B tend to produce the steadiest returns.

• FDV too low (under $100M): the market may not have much confidence in the project, pushing the opening price down
• FDV too high (over $5B): the token is likely to break below its opening price fast, eroding what you mined
• FDV between $500M-$5B: the sweet spot — validated by the market but not yet wildly overhyped

Trait 4: BNB pool share of 60% or higher

Every Launchpool's total reward is split proportionally between the BNB pool, FDUSD pool, USDC pool, and so on. The higher the BNB pool's share, the more BNB holders get.

Across the roughly 20 rounds we tracked, the BNB pool's share ranged from 35% to 80%; anything above 60% is reasonably friendly to BNB holders. You can find this figure in the announcement before each round starts.

How to Pick a Launchpool Worth Joining

Here's the sequence we run through:

Step	What to check	How to judge
1	Project backing	Backed by a16z / Paradigm / Sequoia / Binance Labs ✓
2	Does it already have a product?	Real users and a live product ✓
3	FDV valuation	Between $500M and $5B ✓
4	Mining period	Under 8 days ✓
5	BNB pool share	Above 60% ✓
6	Competing rounds	No strong competing project pulling BNB away in the last 7 days ✓

A project that clears all 6 checks is worth staking your full position of BNB into. If it doesn't, compare the BNB interest you'd earn against the opportunity cost of holding cash instead — if they're not close, skip it.

Can You Move Your BNB During a Launchpool Round?

A common question: once BNB is staked in a Launchpool, can you still move it?

Answer: yes, you can withdraw anytime, but whatever you withdraw stops earning rewards.

The specifics:

1. Launchpool staking is "flexible," not fixed-term — there's no lock-up
2. You can "transfer out" all or part of your BNB to your Spot account at any moment
3. BNB you transfer out stops earning new rewards, but any rewards you've already earned are not clawed back
4. There's no penalty for transferring out

So if BNB's price spikes mid-round and you want to lock in gains, you can transfer some out and sell while leaving the rest staked. You don't have to wait for the Launchpool round to end to act.

Launchpool in 5 Practical Steps

Step 1: Open an Account and Complete KYC

Launchpool doesn't mandate KYC (unlike Launchpad), but you'll generally need Verified Plus to trade once the new token lists. So it's worth finishing KYC ahead of time. If you don't have an account yet, get the Official Binance App and register there.

Step 2: Have BNB in Your Spot Account

Your BNB has to be in your Spot account. BNB sitting in Futures margin, fixed-term Earn, or locked in cross-chain transfers doesn't count. See the difference between Spot and Funding accounts for details.

Step 3: Go to the Launchpool Page and Click "Stake Now"

On the Binance site, go to Earn → Launchpool → the current round → click "Stake Now" → enter your BNB amount → confirm.

Staking takes effect immediately, and rewards start accruing from the next interest-calculation checkpoint.

Step 4: Wait for Mining to End

You don't need to do anything during the mining period. Every day at 0:00 (UTC+0) the system deposits rewards into your Spot account's "Earn History." You can check your live returns any time.

Step 5: Decide Whether to Sell or Hold on Listing Day

The new token usually lists within 24 hours of the mining period ending. If you're selling, sell half within the first 30 minutes of listing to lock in gains, then decide on the rest based on price action. If you're holding, keep in mind a 20-50% pullback within 7 days is common.

Common Mistakes

Mistake 1: Assuming the BNB, FDUSD, and USDC pools all have the same APY in a given round

They don't. Each pool has a different share of the reward, and the BNB pool usually gets the largest share, so BNB earns the most reward per unit of capital staked. That said, since FDUSD is a stablecoin and doesn't fluctuate in price, its risk-adjusted APY can actually come out higher (depending on whether BNB happens to rise or fall over that period).

Mistake 2: Assuming you can sell as soon as the new token lists and you've mined some

You can't. Launchpool projects follow the sequence stake → mine → project distributes reward tokens → tokens list on Spot. There's typically a 5-15 day gap between staking and listing, and whatever you mined during that window can only be sold once the listing date arrives.

Mistake 3: Assuming reward tokens can be sold the moment they're credited

Reward tokens are credited to your "Earn History" every day, but they can't be traded before the project lists. You have to wait for listing day (usually 1-3 days after mining ends) before you can sell on the Spot trading pair.

FAQ

Q: Is there a minimum BNB amount to stake in Launchpool? A: It varies round to round — usually no minimum, or as low as 0.01 BNB. But the return on a tiny stake is negligible (at roughly 0.001 BNB/day, 5 days of mining nets about 0.005 BNB, or roughly $3), so staking a very small amount isn't really worth the effort.

Q: Is Launchpool guaranteed to be profitable? A: No guarantee. What you mine is a new token, and new-token prices swing hard. If the opening price is low and it keeps falling afterward, in theory what you mined could be worth less than the interest cost of just holding BNB elsewhere. That said, among the roughly 100 rounds so far, outright losing rounds have been rare (under 5%).

Q: Roughly how many Launchpool rounds run per year? A: About 30 in 2024, about 25 in 2025, and 8 so far in 2026 through May. Frequency tracks the market cycle — more in bull markets, fewer in bear markets.

Q: Can you mine multiple Launchpool rounds at the same time? A: Yes. If multiple projects run simultaneously at the start of a period (rare), you can stake BNB across multiple pools and mine each separately. Usually, though, there's only one project running per period.

Q: Can BNB staked in Launchpool still be used for trading fee discounts? A: Yes. BNB staked in Launchpool still counts toward your Spot trading fee discount (calculated off your total BNB balance in the account). See how the BNB fee discount is calculated for details.

Q: What's the highest APY Launchpool has ever hit? A: The very first BTT Launchpool round in 2019 hit over 200% APY, but the market was so much smaller then that it's not really a useful reference point. Since 2024, the highest single-round BNB pool APY has been about 65% (BNX, at opening price).

Q: Can a Launchpool project later get delisted from Binance? A: Yes. Running a Launchpool round doesn't mean Binance will support a token forever. Of the roughly 70 rounds we've tracked, 8 tokens were later delisted — see how to handle delistings for details.

Q: Where can I check my daily returns in real time? A: On the Binance site, go to Earn → Launchpool and scroll to the "My Rewards" section, which shows daily output and cumulative rewards. You can also check the daily payout record under "Earn History."

Q: Do I need to pay tax on Launchpool earnings? A: It depends on your jurisdiction. Tax rules differ across mainland China, Hong Kong, Taiwan, Malaysia, and Singapore — consult a local tax professional. Binance doesn't withhold or file taxes on your behalf.