Binance Airdrops 1.50% of PROVE Tokens to BNB Stakers Ahead of Listing

Binance has launched its 31st HODLer Airdrop, distributing 15 million PROVE tokens, representing 1.50% of the total supply, to eligible BNB stakers. The airdrop is part of the platform’s ongoing initiative to reward long-term holders who participated in Binance’s Simple Earn or On-Chain Yields products using BNB during the specified period [1]. Users who met the eligibility criteria received the tokens automatically, with no further action required [2].

The PROVE token is issued by Succinct, a decentralized prover network that focuses on universal zero-knowledge proof generation. The airdrop was distributed retroactively to BNB holders who engaged in guaranteed principal or on-chain earning programs between July 18 and July 22, 2025. Binance announced that the tokens would be delivered to users’ spot wallets at least one hour before trading commenced [3]. The airdrop details were expected to appear within 24 hours of the official announcement [4].

On August 6, 2025, at 01:00 (UTC+8), PROVE will be listed on Binance with five trading pairs: PROVE/USDT, PROVE/USDC, PROVE/BNB, PROVE/FDUSD, and PROVE/TRY. Seed-based trading rules will be applied during the initial listing period, and deposits will be enabled starting at 12:00 PM (UTC+8) on August 5 [5]. The listing coincides with the Binance Alpha event, although the token will no longer be featured on Binance Alpha once spot trading opens [6].

The airdrop reinforces Binance’s strategy of incentivizing long-term BNB staking and participation in its earning programs. By rewarding users with PROVE tokens, Binance aims to foster continued engagement and loyalty among its user base. The move also highlights the platform’s commitment to promoting decentralized infrastructure, particularly solutions that enhance privacy and scalability through zero-knowledge proofs [7].

The timing of the airdrop and the subsequent listing indicates a strategic effort to create awareness and drive demand for the PROVE token. The distribution of 15 million tokens—nearly 1.5% of the total supply—may influence initial trading dynamics and liquidity across the newly introduced pairs. The emphasis on zero-knowledge technology further positions the project within a growing niche in the blockchain space, potentially attracting developers and users interested in scalable and private solutions [8].

Binance’s decision to exclude certain jurisdictions, such as the US and UK, from the airdrop underscores its adherence to regional regulatory compliance. This approach ensures that the distribution remains within legal boundaries while still providing value to a broad range of participants. The airdrop also aligns with broader trends in the crypto industry, where platforms increasingly use token incentives to drive user participation and platform growth [9].

Source:

[1] Binance. Announcement. https://www.binance.com/en/support/announcement/detail/bbd0a134905646d485e35af4fdda3ee7

[2] Binance. Binance Announces Succinct (PROVE) HODLer Airdrop. https://www.binance.com/en/square/post/08-05-2025-binance-announces-succinct-prove-hodler-airdrop-and-upcoming-listing-27888074094929

[3] Binance. Binance HODLer airdrop has now launched the 31st. https://www.binance.com/square/post/27887708597361

[4] PANews. Binance HODLer Airdrop Now Available: Succinct (PROVE). https://www.panewslab.com/en/articles/b414a30b-5d0d-401a-9397-a1fba05b1d82

[5] Binance. Binance launches its 31st token on HODLer Airdrops. https://www.binance.com/en/square/post/27889019806602

[6] CryptoNinjas. Binance Drops a 15M Token Bombshell with PROVE Airdrop. https://www.cryptoninjas.net/news/binance-drops-a-15m-token-bombshell-with-prove-airdrop-but-only-for-this-hidden-group/