Binance built the mascot. Now it's building the successor.
Palu was a running gag on Binance's Chinese account until CZ replied and it became the first character trade on BNB. Summer is the character Binance is building next: an AI companion wired into Agent OS and tokenized stocks. This token is the bet on her, and every trade pays holders in SPYB, the S&P 500 on-chain.
It already happened once. Palu started as a joke on Binance's Chinese account, got one reply from CZ, and became the first character trade on BNB. Summer is the next character Binance is building, and this time she's wired into the two things Binance most wants to sell: AI agents and tokenized stocks.
A yellow, permanently exhausted office worker drawn by Binance's Chinese social team. He has starred in a numbered daily strip on @binancezh since early 2024, the stand-in for every user grinding through the market.
Binance's new persona, written into the Palu strip this August as the office's new intern. Palu is the joke. Summer is the product: an AI companion that teaches, trades, and runs on the rails Binance just finished building.
It's the cleanest date on the calendar. Summer Camp wraps September 25, the first week of October is Palu's token anniversary, and Binance Blockchain Week in Bangkok follows on November 28 and 29 with tokenized shares and AI on the agenda. Our read: Summer steps out as the face of BNB in that window, and Palu keeps his lane.
A numbered daily strip on Binance's Chinese X account. A tired yellow office worker who is all of us.
Binance publishes a company org chart. The unexplained eighth seat belongs to Palu, "king of bad memes," standing in for every user.
About 500 strips in, the character gets a ticker. BNB meme season is just opening.
One reply to a fan drawing. 1.7 million views. The chart goes vertical within hours.
$3M to over $80M in a single day. The run tops out near $125M. The first character trade on BNB is done.
Binance puts US stocks on BNB Chain as BEP-20 tokens, 1:1 backed. SPYB, the S&P 500, becomes something a contract can hold.
Paired against SPYB. 1% tax, all of it paid to holders in SPYB. $2.4M traded on day one.
"The office gossip group is buzzing. Palu is acting strange today, even wearing a suit. Who's the mysterious guest?" Summer enters the strip.
Binance frames Summer as its AI companion. Two days later it ships Agent OS: agent runtime, Skills Hub, agentic wallet, on-chain actions.
BNB Chain funds bStocks-paired memes. $SUMMER prints its high near $7.7M the same day.
Ten days of Summer content. The runway into October.
The anniversary of the first character trade. Our window for Summer to take the lead while Palu keeps his own strip.
Theme: "Evolve." Agenda: tokenized shares, RWAs, and AI meeting crypto. If Summer gets a stage, this is it.
Scroll the timeline · tap a milestone for detail · filled diamonds happened, hollow ones are the bet
Tap a step to trace it on the loop. Everything here is enforced by the contract, not a promise from a team.
Any buy or sell of SUMMER on the SPYB pair triggers the tax logic baked into the token.
buyTaxRate() = 100 bps · sellTaxRate() = 100 bpsLow enough to trade freely. High enough to matter at volume: launch day alone moved $2.4M.
taxProcessor 0x1c26…3a30The tax buys SPYB, Binance's BEP-20 token backed 1:1 by custodied SPDR S&P 500 ETF shares. Real equity exposure, on-chain.
SPYB 0x7138…82D8 · ≈ $770 / shareThe dividend contract splits SPYB across every wallet by share of supply. Hold more, earn more. No staking, no claiming games.
dividendContract 0x3f3d…7f1f · owner renouncedDaily close since August 5. The September 4 peak landed the same day BNB Chain announced a $4M Stonks Season for bStocks-paired memes. Hover for the numbers.
Fund a BNB Smart Chain wallet: Binance Wallet, Trust Wallet, MetaMask or Rabby. A little BNB for gas is enough.
Paste the contract address. Set slippage to at least 2% to cover the 1% tax. Trade BNB → SUMMER (the router routes through SPYB).
Open swapSPYB dividends land in your wallet automatically as the vault distributes. Add SPYB to your wallet to see them: 0x7138…82D8
The original developer walked. The community kept the lights on. Ownership was renounced, so what you see below is what you get.
0xeeb3d73d4dd44e6e4d957d89492f05d5ccee77770x3f3df8588e0d442008ad995d4c5eb27a33537f1f0x1c26eda41d52613ec21d788a50256ee311cb3a300x0000000000000000000000000000000000000000✔ renounced1% buy · 1% sell · Flap Tax Token V3✔ on-chain