Solayer’s native token, LAYER, is set to make its debut on Binance on February 11, accompanied by an airdrop event. The airdrop will occur one hour before trading begins, offering Binance users the chance to receive LAYER tokens based on their BNB subscriptions to Simple Earn products from February 1 to 5. A total of 30 million LAYER tokens, or 3% of the total supply, will be distributed as part of the event.
The official listing of LAYER on Binance will take place at 14:00 UTC on February 11. As this is the first time the token will be traded on the exchange, Binance has attached a “seed” tag to it, indicating the potential risks associated with newer projects that may experience higher volatility than more established tokens.
In addition to Binance, LAYER will also be listed on other major crypto exchanges such as MEXC, Bithumb, and Upbit.
Solayer is a re-staking protocol built on the Solana blockchain. The protocol enables users to earn additional yield by re-staking locked assets through actively validated services, similar to Ethereum’s EigenLayer. Solayer supports assets like SOL, mSOL, and JitoSOL, benefiting the Solana network and its decentralized applications (dApps).
The LAYER token serves as both a governance and utility asset, allowing early retail investors to participate in the platform’s growth and decision-making processes. As part of its launch, Solayer announced on January 13 that the community sale subscription for LAYER would be delayed to December 15, 2025, due to overwhelming demand. Additionally, Emerald Card holders will be the first to receive LAYER tokens at a discounted price.