Binance has announced its 15th project on the HODLer Airdrops program Hyperlane (HYPER). Hyperlane is described as a permissionless cross-chain interoperability communication protocol designed to facilitate secure and seamless communication and asset transfers across various blockchain networks, including Layer 1s, rollups, and app-chains.
Here's a breakdown of what this means for Binance users:
Earning HYPER through Retroactive BNB Simple Earn Subscriptions:
🔸Eligibility: Users who had subscribed their BNB to Simple Earn (Flexible and/or Locked) or On-Chain Yields products between April 14, 2025 (00:00 UTC) and April 17, 2025 (23:59 UTC) will receive a retroactive airdrop of HYPER tokens.
🔸Total Airdrop: A total of 20,000,000 HYPER tokens, representing 2.49% of the genesis supply, will be distributed to eligible users.
🔸Distribution: The HODLer Airdrops distribution will appear in users' Spot Accounts at least one hour before HYPER trading commences on Binance.
📈 HYPER Listing and Trading:
🔸 Listing Date and Time: Binance will list HYPER on April 22, 2025 at 13:00 UTC.
🔸 Trading Pairs: The following trading pairs will be available: HYPER/USDT, HYPER/USDC, HYPER/BNB, HYPER/FDUSD, and HYPER/TRY.
🔸 Seed Tag: HYPER will be listed with a Seed Tag, which indicates that it is a newer, potentially more volatile asset. Users should exercise caution when trading such tokens.
🔸 Deposits and Withdrawals: Deposits for HYPER will be opened one hour after the announcement (which was made on April 21, 2025 at 03:00 UTC). Withdrawals will be opened shortly after trading begins.
🪙 Key Token Details:
🔸Token Name: Hyperlane (HYPER)
🔸 Genesis Supply: 802,666,667 HYPER
🔸 Maximum Supply: 1,000,000,000 HYPER
🔸 Initial Circulating Supply: 175,200,000 HYPER (21.83% of the genesis supply)
🔸Annual Inflation: 1% in the first year (8,000,000 per year, decreasing over time)
🔸Smart Contract Addresses:
🔸 BNB Chain: 0xC9d23ED2ADB0f551369946BD377f8644cE1ca5c4
🔸 Ethereum: 0x93A2Db22B7c736B341C32Ff666307F4a9ED910F5
🔸 Listing Fee: 0
🔶 What are Binance HODLer Airdrops?
Binance HODLer Airdrops is a program that rewards users for holding BNB in Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products. Binance takes historical snapshots of users' BNB balances and distributes airdrops of new tokens to eligible holders. This provides a way for BNB holders to earn additional crypto assets passively.
🔶How to Participate in Future HODLer Airdrops:
To be eligible for future HODLer Airdrops, you generally need to subscribe your BNB to Binance Simple Earn (Flexible or Locked) or On-Chain Yields. Binance will then take snapshots of your holdings at various times and distribute the airdropped tokens to your Spot Wallet if you meet the eligibility criteria for a particular airdrop.
About Hyperlane:
Hyperlane aims to connect different blockchain ecosystems, allowing for the transfer of data and tokens, and enabling the development of cross-chain applications. It is a permissionless protocol, meaning developers can integrate it into any chain without needing specific authorization.
A comprehensive research report on HYPER is expected to be published by Binance within 24 hours of the announcement, providing more detailed information about the project's vision and tokenomics.