Binance Alpha launches SatLayer (SLAY) trading on August 11th, 2025, at 10:00 UTC. Users can claim 525 SLAY tokens using Alpha Points, starting at 227 points, decreasing over time. Claims cost 15 points and must be confirmed within 24 hours. Total raised is $8M.
Binance Alpha is set to introduce SatLayer (SLAY) with Alpha trading beginning on August 11th, 2025, at 10:00 UTC. The platform is the first to feature this token, marking a significant milestone.
Eligible users can claim 525 SLAY tokens, starting with at least 227 Alpha Points. The airdrop is distributed in phases, using a first-come, first-served method. Claiming will consume 15 Binance Alpha points.
The eligibility threshold may decrease by 15 points every hour during the second phase if the pool is not fully claimed. This dynamic adjustment ensures wider participation in the airdrop.
For example:
Users must confirm their claims on the Alpha Events page within 24 hours. Failing to confirm will result in voiding their claim, as according to Binance procedures, unconfirmed claims are considered abandoned.
SatLayer, utilizing Bitcoin’s economic layer, was launched on March 13, 2025, via Ethereum. It has since expanded to platforms like BNB Smart Chain, enhancing cross-chain operability within the DeFi space.
SLAY acts as a programmable asset on Bitcoin, driving use cases like on-chain insurance and liquidity float. The total supply is 2.10 billion SLAY tokens, supporting various initiatives within the ecosystem.
