In thermodynamics, the binodal, also known as the coexistence curve or binodal curve, denotes the state of a multi-component system at which the system's distinct phases straddle between coexistence or miscibility.
Equivalently, it is the boundary on which thermodynamics favors the system components to dissolve or separate into two phases.
[1] In general, the binodal is defined by the condition at which the chemical potential of all solution components is equal in each phase.
In binary (two component) mixtures, the binodal can be determined at a given temperature by drawing a tangent line to the free energy.
"5.7 Fitting Mathematical Equations to the Binodal Curve Data".