Binance Alpha Users Can Claim XLAB with Alpha Points

TL;DR

Binance Alpha will launch Dexlab (XLAB) on August 29, allowing eligible users to claim airdrops using Alpha Points. Details about reward amount, method, cost, and deadline are pending. Dexlab raised $13.28M in funding, with $810,000 market cap and 40.50M circulation.

Binance Features Dexlab Token Airdrop on August 29

Binance Alpha will feature Dexlab (XLAB) starting August 29, allowing eligible users to claim airdrops once trading begins. Dexlab is the latest token launched on the Binance Alpha platform.

To participate, users must have Binance Alpha Points to claim Dexlab tokens. The airdrop will operate on a first-come, first-served basis, with further airdrop details forthcoming.

As a result, eligibility criteria could change over time. Adjustments to the threshold will be announced on Binance’s official channels.

If not confirmed within a designated timeframe, likely within 24 hours, claims will be voided. Confirmation is required on the Alpha Events page to prevent forfeiture.

What Is Dexlab (XLAB)?

Dexlab operates on the Solana blockchain and launched in 2020. Initially available on Solana, it has expanded to multiple platforms.

Dexlab’s token, DXL, facilitates transactions within the ecosystem. Typical use cases include payment and governance, with a total supply of 1 billion tokens.