Binance is launching an airdrop campaign for Euler Finance’s EUL token, providing eligible users with the opportunity to claim rewards. This event launches from October 4th to October 6th on the Binance Alpha platform. The airdrop could lead to a surge in Ethereum network activity due to increased demand for EUL tokens and has implications for both the EUL ecosystem and the wider DeFi space. Binance, recognized as the world’s largest crypto exchange, is behind this initiative. Euler Finance, known for its decentralized lending protocol, utilizes EUL as its governance token. The airdrop signifies Binance’s continued support for decentralized finance (DeFi) tokenization. Users will need to acquire Alpha Points through activities on the platform to claim their rewards. This Airdrop and its implications are likely to impact the Ethereum network due to increased transaction volume associated with the EUL token, as well as influencing the broader DeFi market dynamics.