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Binance Announces Plasma USDT Time-Locked Product: 1% Reward in XPL Token, XPL Airdrop Reward Distribution Starts Tomorrow

2025.09.24 16:56:26

On September 24th, Binance officially announced that due to the positive feedback from the community, Binance is upgrading the Plasma USDT fixed-term product. This time, the total XPL reward is 100 million XPL (1% of the total token supply), and the reward calculation is similar to the snapshot method mentioned in the product release announcement. From August 20th, 2025, to September 24th, 2025, daily snapshots of user holdings will be taken (a total of 36 days) to calculate XPL rewards. Starting from September 25th, 2025, XPL rewards will be airdropped to the spot account of the same account that subscribed to the product. Users do not need to take any action. You can check the airdrop reception by going to Assets > Overview > History > Distribution and confirming the airdrop. The status of these airdrops can also be viewed on the Binance Airdrop page. Binance will separately announce the completion of the XPL airdrop distribution in the Plasma USDT fixed-term product update.
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