Launches Airdrop for Euler Finance Token EUL

 

What was announced

Binance included Euler (EUL) as the 51st project in its HODLer Airdrops programmed. 

• Total supply of EUL: 27,182,818 tokens. 
• Of that, the HODLer airdrop pool is 543,657 EUL (~2% of total supply). 
• Listing date: 13 October 2025, Spot trading opens at 14:30 UTC. 
• Eligible users: those who subscribed their BNB to Binance’s Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-10-04 00:00 (UTC) to 2025-10-06 23:59 (UTC). 
• Smart contracts deployed on multiple chains: BNB Smart Chain, Ethereum, Base, Arbitrum. 
• Trading pairs announced: EUL/USDT, EUL/USDC, EUL/BNB, EUL/FDUSD, EUL/TRY. 

The Airdrop and Its Implications

The airdrop may lead to increased Ethereum network congestion as the EUL token operates on this blockchain. This effect is typical during peak claim periods linked to such promotions. Financially, Binance has structured the distribution through Alpha Points. Users will need to spend these points to claim their airdrop. This model may affect the internal Alpha Point economy.

“Binance has officially announced the 51st HODLer Airdrop Project — Euler (EUL) … Oct 4, 2025 (00:00 UTC) and Oct 6, 2025 (23:59 UTC) …” – Binance Announcement

Market Impact and Speculation

No prominent figures like Binance’s CEO have directly commented on the airdrop. However, it is anticipated to spike interest due to Binance’s history of successful airdrop events. The impact on Ethereum transaction fees might mirror past occurrences with similar token distribution events. Historically, such actions can create temporary trading volume spikes and liquidity shifts in listed tokens.