Binance Alpha Users Can Claim DAM with 200+ Points

TL;DR

Binance Alpha will feature Reservoir (DAM) with trading starting on 2025-08-18 at 11:00 UTC for Alpha Trade and 12:30 UTC for Futures. Users need 200 Alpha Points in their account to join a 320 DAM token airdrop, costing 15 points to claim. A total of $14 million was raised, with a first-come, first-served distribution until the airdrop pool runs dry or the event ends. Claims must be confirmed within 24 hours on the Alpha Events page; otherwise, users forfeit their airdrop opportunity.

Binance Users Claim 320 DAM Tokens in Airdrop

Binance Alpha introduces Reservoir (DAM) with trades commencing on August 18, 2025, at 11:00 UTC for Alpha Trade and 12:30 UTC for Futures Trade.

To participate, users need at least 200 Binance Alpha Points to claim an airdrop of 320 DAM tokens on a first-come, first-served basis. Claiming incurs a cost of 15 Alpha Points.

As the airdrop event progresses, there may be no scheduled changes to the eligibility threshold, allowing consistent access for users with the requisite Alpha Points.

For example:

Users must confirm airdrop claims within 24 hours on the Alpha Events page. If claims are not confirmed, users forfeit their right to the airdrop, and the opportunity is voided.

What Is Reservoir (DAM)?

Reservoir, a permissionless protocol on Ethereum, launched on August 17, 2024. Initially on Ethereum, it has expanded to the BNB Smart Chain, offering cross-chain services.

The DAM token plays a central role within Reservoir’s ecosystem, facilitating stablecoin rUSD and yielding asset srUSD transactions. Total supply details are unspecified, but it supports DeFi applications such as lending and asset integrations.