Binance has announced the addition of Hyperlane (HYPER) to its HODLer Airdrops program, marking the 15th project featured on this initiative.
Binance has announced the addition of Hyperlane (HYPER) to its HODLer Airdrops program, marking the 15th project featured on this initiative. Hyperlane is described as a permissionless interoperability protocol designed to facilitate cross-chain communication across various blockchain environments.
https://twitter.com/binance/status/1914345913796984954
The airdrop is targeted at users who subscribed their BNB to Simple Earn products, including both Flexible and Locked options, as well as On-Chain Yields.
Eligible participants must have made these subscriptions between April 14, 2025, and April 17, 2025. Binance plans to distribute 20 million HYPER tokens, representing approximately 2.49% of the total Genesis supply of 802,666,667 tokens. The circulating supply upon listing will be 175,200,000 HYPER, or 21.83% of the Genesis total.
Trading for HYPER will commence on April 22, 2025, at 1 p.m. UTC, with pairs available against USDT, USDC, BNB, FDUSD, and TRY. Users will be able to deposit HYPER tokens one hour after the announcement, while trading on Binance Alpha will open at 11:10 a.m. UTC on the same day. However, HYPER will no longer be displayed on Binance Alpha once spot trading begins.
The maximum token supply for HYPER is capped at 1 billion, with an annual inflation rate set at 8 million HYPER. The smart contracts for HYPER are deployed on both the Binance Smart Chain and Ethereum networks.
For those interested in the airdrop, details regarding eligibility and distribution will be available approximately 12 hours after this announcement. A research report on Hyperlane is expected within 24 hours.