According to @EmberCN, the Web3-native Everlyn AI video protocol and its token $LYN launched on Binance futures and Alpha this afternoon (source: @EmberCN on X, Oct 6, 2025). Everlyn’s base model Everlyn-1 is described as capable of producing movie-quality videos from text or images in 15–25 seconds, cited as 2–4x faster than Web2 AI video platforms (source: @EmberCN on X, Oct 6, 2025). The reported cost is $0.02 for a 5-second clip versus $0.08–$0.28 on Web2 platforms, a 4–14x cost advantage (source: @EmberCN on X, Oct 6, 2025). Network operations are powered by the $LYN token to incentivize compute contributors and validators with on-chain proofs and provenance tracking for transparency and lower centralization risk (source: @EmberCN on X, Oct 6, 2025). The project reportedly raised $15M led by Mysten Labs, with Aethir and io participating, and appointed Turing Award winner Yann LeCun as academic advisor, highlighting support for GPU resources and research (source: @EmberCN on X, Oct 6, 2025).