Binance Initiates PHY Airdrop for Eligible Users
- Binance initiates a 750 PHY airdrop for qualified users.
- Users need 200 Alpha Points to qualify for the airdrop.
- DePHY Network (PHY) becomes newly listed on Binance.
Binance has announced an airdrop where users with at least 200 Alpha Points can claim 750 PHY tokens, starting July 26, 2025, on a first come, first served basis.
This event highlights Binance’s role in promoting new tokens, potentially impacting trading activities by increasing engagement and liquidity with the newly listed DePHY Network token.
Main Content
Lede
Binance, the world’s largest cryptocurrency exchange by trading volume, has launched an airdrop for users who possess at least 200 Alpha Points. This airdrop includes 750 PHY tokens from the DePHY Network, available on a first-come, first-served basis.
Nut Graph
DePHY Network is the featured project in this event. The eligibility criteria include requiring users to have 200 Alpha Points, which decrease by 15 points every hour if the pool remains unfilled.
Increased User Activity
Immediate effects include increased user activity on Binance, as participants aim to obtain PHY tokens through the airdrop. This is likely to boost trading volumes, reflective of Binance’s strategy in token listings.
“4 PM first come first served 200 points to receive 750 $PHY. Binance is the first platform to launch DePHY Network (PHY)…”
Financial Impact
The event’s financial impact includes potential price volatility for PHY, a consequence observed in past token launches on Binance. The dynamic system introduces strategic user planning to maximize participation advantages within a fluctuating point threshold.
Broader Engagement Strategy
The airdrop represents a part of Binance’s broader engagement strategy which typically sees high initial engagement and rapid claim exhaustion. Liquidity surges during similar past events indicate a pattern of short-term demand influx.
Insights from similar Binance initiatives suggest that liquidity and market perception of PHY may increase, potentially affecting other listed tokens indirectly. No regulatory implications or founder statements from DePHY Network have been noted in the current phase.
