Binance to Launch Solayer (LAYER) Trading Tournament with 300 BNB Prize Pool

According to the announcement from Binance, the platform is set to launch a Solayer (LAYER) Trading Tournament, offering eligible users a chance to share a total prize pool of 300 BNB in token vouchers. The tournament will run from 2026-05-14 10:00 (UTC) to 2026-05-21 10:00 (UTC). An "Early Bird Boost" multiplier will be introduced to reward users who trade earlier during the promotion period.Eligibility for the tournament includes all verified new, regular, and Binance VIP users, excluding liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers. The eligible trading pairs for this event are LAYER/USDT and LAYER/USDC. The Early Bird Boost Multiplier will decrease over time, with the highest multiplier of 2x available from 2026-05-14 10:00 to 2026-05-15 10:00 (UTC), gradually reducing to 1x by the end of the promotion period.Participants must register by clicking the [Join Now] button on the landing page and achieve a total effective trading volume of at least 500 USD equivalent in the eligible pairs during the promotion period to qualify for rewards. The reward structure is based on cumulative trading volume, with the top participant receiving 15 BNB, and subsequent ranks receiving decreasing amounts. Token vouchers will be distributed by 2026-06-04 and must be redeemed within 21 days.Binance emphasizes that trading volume from zero-fee pairs and transaction fees will not count towards the final trading volume calculation. The leaderboard, updated daily, will display the total effective trading volume. Binance reserves the right to disqualify participants engaging in dishonest behavior and may amend the terms and conditions at its discretion. The tournament's commencement is contingent upon the successful listing of the relevant token on Binance Spot.