Binance Alpha will launch Dexlab (XLAB) to issue 1,500,000 XLAB token airdrops to eligible users

Binance announced on X that Binance Alpha will launch Dexlab (XLAB) and trading will begin at 15:00 (UTC+8) on August 29, 2025. Eligible Binance users can use Binance Alpha points to claim 1,500,000 XLAB token airdrops within 24 hours of transaction start on the Alpha activity page. Binance Alpha Airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users who hold at least 254 Alpha points can apply. Phase 2 (Last 6 hours): Users holding at least 230 Alpha points can participate in Phase 2 airdrops on a first come first served basis. If the activity is not over, the score threshold will automatically lower by 15 points per hour. This application for airdrop will consume 15 Binance Alpha points. Users must confirm the application within 24 hours on the Alpha activity page, otherwise they will be deemed to have waived the airdrop.