Binance Alpha will launch SatLayer (SLAY) trading at 10:00 AM (UTC) on August 11, 2025, and will open airdrop claims within 24 hours of trading opening. During Phase 1 (the first 18 hours), users must hold at least 227 Binance Alpha Points to claim 525 SLAY. During Phase 2 (the final 6 hours), the threshold is reduced to 200 points, with rewards distributed on a first-come, first-served basis. If all rewards are not distributed, the point threshold will be lowered by 15 points every hour. Claiming the airdrop will cost 15 Binance Alpha Points, and users must confirm their claim within 24 hours on the Alpha event page; otherwise, the airdrop will be forfeited.