Binance has officially launched the PUNDIX/USDT perpetual contract on April 30, 2025, at 13:00 UTC, causing the Pundi X (PUNDIX) token price to rise, increasing by over 50% within the next 24 hours. Its market value has subsequently climbed to $140 million, bringing this physical crypto payment project back into the spotlight.
PUNDIX Listed with 75x Leverage
The most notable feature of the newly launched PUNDIX/USDT perpetual contract is the provision of up to 75x leverage. After Binance's announcement, market interest and trading activity in the PUNDIX token and Pundi AI's AI and DePin sectors significantly increased, driving its price to surge in a short time.
Pundi X Project: Blockchain Payment and Future Layout
Pundi X is a project focused on integrating blockchain technology into physical payment scenarios. Its core product is "XPOS", a blockchain-based Point-of-Sale (POS) system.
XPOS aims to simplify the process of merchants and consumers using cryptocurrencies for daily transactions, supporting multiple mainstream cryptocurrencies and token standards including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), and token standards like ERC-20, BEP-20, and TRC-20, with the option of fiat currency settlement.
The XPOS website explains that its payment device has cross-chain capabilities, supports multiple major blockchain networks, and uses a hybrid architecture to ensure transaction efficiency and security. Currently, XPOS has been deployed in over 25 countries and regions, and together with the XPASS NFC card and XWallet mobile application, it has built a complete payment ecosystem.
Pundi AI Joins NVIDIA Inception Program
Notably, Pundi X recently announced an upgrade of its sub-brand to Pundi AI, planning to integrate a decentralized AI data layer and position XPOS as part of a Decentralized Physical Infrastructure Network (DePIN), indicating its active exploration of technological innovation and application boundaries.
On April 29, Pundi AI announced its successful selection into the NVIDIA Inception program. This program aims to support startups driving industry innovation with cutting-edge technology. Pundi AI's goal is to establish an "open AI ecosystem", with services like "full-chain data layer", "data annotation platform", and "AI data trading market" implying the potential of using blockchain technology to ensure data transparency, traceability, and secure transactions. NVIDIA's support will accelerate the prototyping, development, and deployment of these decentralized AI applications.
Pundi AI founder Zac Cheah emphasized,
"Integrating into the NVIDIA ecosystem is key to maintaining a leading position in AI innovation. From a blockchain research perspective, this represents combining top-tier centralized AI computing power with potential decentralized data management and trading mechanisms, exploring new modes of collaboration between the two. Pundi AI can use this opportunity to exchange with other AI experts and enterprises, potentially promoting blockchain technology applications in AI data verification, model sharing, or incentive mechanisms."
