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Binance Launches $40 Million WLFI Airdrop for USD1 Holders

The four-week campaign incentivizes sustained USD1 holdings to drive stablecoin use on Binance.

Overview

  • The airdrop runs from Jan. 23 to Feb. 20, with weekly WLFI distributions starting Feb. 2 at roughly $10 million per week.
  • Eligibility is based on net USD1 balances across Spot, Funding, Margin, and USDⓈ-M Futures accounts, with borrowed funds excluded.
  • Users must complete identity verification, reside in eligible jurisdictions, and cannot participate through broker accounts.
  • Balances are measured via hourly snapshots using the lowest daily amount, and weekly rewards use a seven-day average with an effective APR set at distribution.
  • USD1’s market cap has topped $3 billion across Ethereum, Solana, Aptos, and Monad, while WLFI adoption has expanded into payroll, lending, and liquidity services alongside scrutiny over ties to President Donald Trump.