BlockBeats news, on May 8, Binance Alpha announced the launch of the Sonic Chain token trading competition, with a total prize pool of approximately $2.2 million. The event period is from 2025-05-08 16:00 (UTC) to 2025-05-23 16:00 (UTC).
During the event, participants will be ranked based on their cumulative total trading volume of eligible Sonic Chain tokens traded on Binance Alpha, with top-ranked traders receiving rewards according to the reward structure. Participants will be ranked in four separate categories.
SHADOW Trading Volume Pool: SHADOW token users ranked in the top 13,000 by trading volume will be allocated an average of 22,100 SHADOW tokens (= 1.7 SHADOW per person).
BEETS Trading Volume Pool: BEETS token users ranked in the top 1,200 by trading volume will be allocated an average of 1,824,000 BEETS tokens (= 1,520 BEETS per person).
ANON Trading Volume Pool: ANON token users ranked in the top 10,000 by trading volume will be allocated an average of 153,000 ANON tokens (= 15.3 ANON per person).
Sonic Chain Overall Trading Volume Pool: Users ranked in the top 7,000 trading the aforementioned tokens and any newly launched Sonic Chain tokens on Binance Alpha will be allocated an average of 1,001,000 S tokens (= 143 S per person).