Yes — that seems to be the case based on Binance’s announcement. 
Here’s a summary of what I found:
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✅ What Binance stated • Project: Walrus (symbol WAL) will be the 50th project featured on Binance’s HODLer Airdrops page.  • Eligibility window: Users who subscribed their BNB into Simple Earn (flexible/locked) and/or On-Chain Yields between 2025-10-01 00:00 UTC and 2025-10-03 23:59 UTC will qualify for the airdrop.  • Distribution & listing: The airdropped WAL will be distributed to users’ Spot accounts before the token’s trading opens. WAL will be listed on Binance at 2025-10-10 07:30 UTC with trading pairs against USDT, USDC, BNB, FDUSD, TRY.  • Deposit opening: WAL deposits will open earlier (at 2025-10-10 03:00 UTC).  • Airdrop amount: The HODLer Airdrops pool allocates 32,500,000 WAL for distribution.  • Rules & caps: There’s a cap such that a user’s BNB holding ratio used in calculation is limited to 4%. 
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⚠️ Caveats & things to watch out for • While futures trading for WAL (WAL/USDT perpetual) is already live on Binance with up to 25× leverage, futures listing does not guarantee spot listing.  • The HODLer Airdrops program is retroactive: you don’t need to take additional actions apart from having your BNB subscribed during the specified window.  • Always double-check Binance’s region-specific terms and announcements. The program may vary based on your country.
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If you like, I can help you calculate, based on your BNB holdings, an estimate of how many WAL tokens you might receive. Do you want me to do that for you? #BinanceHODLerWAL $WAL
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