#MerlinTradingCompetition

Here’s the latest update on the **#MerlinTradingCompetition** based on the search results:

### 1. **Competition Overview**

Binance Wallet and Binance Alpha have launched the **Merlin Trading Competition**, offering a **$1 million prize pool** in MERL tokens. The event runs from **May 20, 2025, 17:00 (GMT+8) to June 3, 2025, 17:00 (GMT+8)** .

### 2. **How to Participate**

- Trade **MERL tokens** via **Binance Wallet (Keyless)** or **Binance Alpha** during the event period.

- The top **10,000 users** by total MERL purchase volume will **each receive 984 MERL tokens** (totaling 9,840,000 MERL distributed) .

### 3. **Additional Perks**

- Binance Alpha users with **193+ Alpha points** can claim a **1,000 MERL airdrop** (consuming 15 points). This was available from **May 20, 9:00 UTC**, with a 24-hour claim window .

### 4. **Key Highlights**

- **No staking or complex rules**: Rewards are based purely on trading volume .

- **Eligibility**: Open to users in supported regions, excluding restricted jurisdictions .

### 5. **Current Status (as of May 22, 2025)**

The competition is **ongoing**, with ~12 days remaining. Participants can still join to compete for the top ranks.