High Listing Fees: A Challenge for Crypto Startups

🟡Simon Dedic, CEO and Partner at Moonrock Capital, expressed dissatisfaction with the high fees that major centralized exchanges (CEX) demand for listing new tokens. One Layer 1 project spent over a year undergoing Binance’s review process and received a listing proposal requiring 15% of its total token supply, amounting to costs between $50 million and $100 million.

🟡Prominent analyst and trader Michaël van de Poppe commented in support of Dedic, confirming that rumors of such demands have been circulating for some time. In his view, actions by these major market players are pushing startups to shift to decentralized platforms (DEX), where processes are more transparent and less costly.