UXUY Launches Alpha Draw with $1 Million Prize Pool

UXUY, an on-chain transaction platform incubated by Binance Labs and invested by YZi Labs, has officially launched its inaugural trading event, the Alpha Draw. This event, which commenced on July 17th, features a prize pool worth up to $1 million USD, aimed at incentivizing users to engage in on-chain transactions and explore various on-chain trading scenarios.

The Alpha Draw has partnered with multiple prominent Web3 projects, with the first phase of the event collaborating with $RION (Hyperion). Users who complete on-chain transactions of at least $100 USDT worth of $RION between July 17, 2025, 20:00 (UTC+8) and July 21, 20:00 (UTC+8) will be eligible for a lottery draw. Notably, all participants have a 100% chance of winning, with the total prize pool distributed among winners in the form of popular tokens and equity assets.

UXUY's founder, Kevin, emphasized the platform's commitment to encouraging user participation in on-chain transactions. The Alpha Draw is designed to foster a more convenient and efficient one-stop on-chain trading platform, aligning with UXUY's mission to enhance the on-chain trading experience.

This initiative by UXUY not only highlights the growing interest in on-chain transactions but also underscores the platform's strategic partnerships with leading Web3 projects. By offering a substantial prize pool and ensuring that all participants have a chance to win, UXUY aims to attract a broader user base and promote active engagement in the on-chain trading ecosystem.