Binance has added OpenLedger (OPEN) to its HODLer Airdrops lineup, rewarding BNB holders ahead of the token’s trading debut. The AI-focused blockchain, designed to monetize data, models, and agents, becomes the 36th project on the program.
BNB holders who subscribed to Simple Earn (Flexible or Locked) or On-Chain Yields between Aug. 18 and Aug. 21, 2025, qualify for retroactive rewards. Binance will deliver tokens directly to Spot Accounts before OPEN enters the market, giving participants early exposure without requiring extra steps. For traders, this approach means liquidity arrives in the market with a base of distributed holders rather than a concentrated group of insiders.
The HODLer Airdrops program will release 10 million OPEN, equal to 1% of the token’s total supply of 1 billion. Six months later, the program will unlock another 15 million tokens. OpenLedger will circulate 215.5 million OPEN at launch, or 21.55% of the supply.
Binance set a 4% hard cap on allocations. Any user holding more than that share of the BNB pool will still receive rewards calculated at the 4% level. The project’s smart contracts already run on BNB Smart Chain and Ethereum under the same address.
HODLer Airdrops work differently from staking programs. Binance takes snapshots of balances at random intervals, averages them across the eligibility window, and distributes rewards based on consistent holdings. This structure blocks last-minute inflows from skewing the pool and ensures long-term holders capture the benefits. It also highlights Binance’s broader strategy of encouraging steady participation rather than short-term speculation.
Binance will list the OPEN token on Sept. 8 at 13:00 UTC. The exchange will launch trading pairs against USDT, USDC, BNB, FDUSD, and TRY, covering stablecoins and fiat-linked markets. Deposits open on Sept. 5 at 9:30 UTC, giving traders time to prepare.
OPEN will first appear on Binance Alpha, but the token will move entirely to spot trading after the listing goes live. Binance also plans to publish a research report on OpenLedger (OPEN) within 48 hours. Eligible users can expect airdrop rewards in Spot Accounts within 24 hours of the distribution event. With the distribution complete and trading pairs lined up, Binance positions OPEN for an immediate test of market demand.
