đ§ What is Binance Alpha?
Binance Alpha is Binanceâs earlyâaccess token platform designed to spotlight emerging crypto projects before they potentially list on the main exchange .
Initially available via Binance Wallet (v2.93.0+), users could explore new tokens, view project info, and use âQuick Buyâ with MEV protection . In March 2025, Binance Alpha 2.0 was launched within Binance Exchange, adding an âAlphaâ Markets tab â letting users trade directly via USDT/USDC .
Tokens on Alpha are selected by Binanceâs team based on community traction, innovation, and market trends â but listing on Binance Spot is not guaranteed .
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â ïž Concerns & Security Issues
A. Bot Farming Crackdown
On JuneâŻ4, Binance publicly announced it had taken steps to curb bot abuse in the Alpha Points system â revoking eligibility and upgrading security protocols .
B. MEV Attack & WashâTrading
On JuneâŻ8, an onâchain analyst spotted a $5.18âŻM MEV attack on the KOGE/USDT pool, hinting at broader washâtrading issues on Alpha .
â Summary Table: Key Events
Date Event Token
May 23, 2025 SOON token launched on Alpha, includes airdrop SOON
Jun 7, 2025 AB DAO token launched; 9,882âtoken airdrop; +280% surge AB â Explosive volume
Jun 8, 2025 MEV attack on KOGE/USDT; $5.18 million estimated exploit Security issue
â Final Thoughts
Binance Alpha offers an exciting pipeline into early crypto projects â with perks like airdrop rewards and firstâmover access. But the platform also attracts heightened volatility, onâchain risks (MEV, wash trading), and fairâuse issues (bot activity). If you're considering participating:
Track Alpha Points: Allocate and trade strategically to qualify.
Set strict risk limits: Be prepared for rapid price swings or liquidity snaps.
Stay updated: Monitor Binance announcements and on-chain analytics.