Binance has confirmed the listing of YALA, a new Bitcoin-native token, on its Binance Alpha platform. Trading will begin today on July 22 at 12:00 UTC. This will be the first time the YALA token becomes available to the public. As part of the launch, Binance Alpha will distribute a 200-token airdrop to users who meet specific participation criteria.
Airdrop Requires Binance Alpha Points and Two-Phase Claim Process
Users can claim the 200 YALA tokens by redeeming Binance Alpha Points on the Alpha Events page within 24 hours of the token launch. The airdrop will be distributed in two phases. In Phase 1, which runs for the first 18 hours, users need to have at least 238 Alpha Points to become eligible. In Phase 2, which lasts for the final 6 hours, users with at least 200 Alpha Points can claim tokens on a first-come, first-served basis. If tokens remain, the minimum threshold will decrease by 10 points every hour.
Each airdrop claim costs 15 Alpha Points. Users must confirm their claim on the Binance Alpha Events page within 24 hours, or they will lose their allocation. The airdrop will only be available through this page and must be actively claimed.
YALA Tokenomics Reveals Capped Supply and Community Incentives
YALA has a total supply of one billion tokens. According to the project’s official blog, 29% of tokens are reserved for the protocol’s treasury and ecosystem development. Another 20% is allocated to the community through incentives such as staking and airdrops. The team holds 20%, and 16% is allocated to investors. Marketing will receive 10%, while the airdrop accounts for 3.4%. A further 1.5% is reserved for market-making purposes.
Tokens allocated to the team and investors are subject to vesting. This design aims to prevent immediate sell pressure and align long-term interests with the protocol’s growth.
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YALA is part of a broader Bitcoin-native protocol focused on decentralized liquidity. The project enables users to mint Bitcoin-backed stablecoins and use them across DeFi applications. YALA acts as a governance and utility token within the protocol. Token holders can vote on governance proposals, participate in yield strategies, and stake for protocol rewards.
The protocol also supports collateralized debt positions, allowing users to lock up Bitcoin and generate yield through overcollateralized borrowing. The token launch and airdrop are intended to expand user participation in the system ahead of the full protocol rollout.
YALA will also be listed on MEXC Global, which began a pre-market offering on July 20. This will allow early price discovery before open trading begins on Binance Alpha. MEXC’s official listing time is expected to match Binance’s, giving the token immediate exposure across platforms.
