Binance Alpha Launches Overlay Protocol (OVL) Trading on August 14 with 111 OVL Airdrop for Eligible Users

Key TakeawaysBinance Alpha will be the first to feature trading for Overlay Protocol (OVL).Trading opens August 14, 2025, at 07:30 UTC.Users with at least 200 Alpha Points can claim an airdrop of 111 OVL on a first-come, first-served basis.The Alpha Points requirement will drop by 15 points every hour if tokens remain unclaimed.Claiming consumes 15 Alpha Points and must be confirmed within 24 hours.Binance Alpha has announced it will debut Overlay Protocol (OVL) on its platform, with trading scheduled to start on August 14, 2025, at 07:30 UTC.As part of the launch, Binance Alpha will offer an airdrop of 111 OVL tokens to eligible users. To qualify, participants must have at least 200 Alpha Points and act quickly, as the offer is available on a first-come, first-served basis.If the airdrop pool is not fully claimed, the minimum Alpha Points requirement will automatically decrease by 15 points every hour, allowing more users to participate. However, each successful claim will deduct 15 Alpha Points from a user’s balance.Eligible participants must confirm their claim via the Alpha Events page within 24 hours. Unconfirmed claims will be forfeited, and the tokens returned to the pool.This launch continues Binance Alpha’s strategy of offering early access to emerging projects, rewarding active users, and encouraging participation through exclusive airdrops.