Binance is launching a DEGEN airdrop for its users with an Alpha point balance of at least 245. Starting June 14, 2025, at 07:00 UTC, eligible users can claim 13,862 DEGEN tokens through the Alpha Events page. To complete the claim, users must spend 15 Alpha points and confirm their claim within 24 hours. Unclaimed tokens will be forfeited. Starting June 19, 2025, the airdrop will transition to a two-phase model: Phase 1 offers limited-time access for those meeting the initial Alpha point threshold. Then, in Phase 2, the threshold is lowered (Y < X), and DEGEN tokens are available on a first-come, first-served basis until the pool runs dry or reaches its expiration date. For more information about the airdrop mechanics and distribution timeline, stay tuned for upcoming updates from Binance.