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Binance launches $40M WLFI airdrop campaign for USD1 holders
Summary
Binance has launched a new rewards program for users holding USD1, with $40 million in WLFI tokens earmarked for distribution.
The leading exchange confirmed that accounts maintaining a USD1 balance between Jan. 23 and Feb. 20 will receive weekly WLFI airdrops throughout the campaign.
How the airdrop works
WLFI rewards will be paid out once a week, starting Feb. 2. Each distribution will cover the previous seven days, with roughly $10 million in tokens released per week over four weeks.
Eligibility is based on net USD1 balances held on Binance. USD1 stored in Spot, Funding, Margin, and USDⓈ-M Futures accounts all count, though borrowed funds are excluded. USD1 used as collateral in margin or futures accounts earns a higher reward rate.
Reward calculations are based on a user’s net USD1 balance, meaning borrowed USD1 does not count. Binance will take hourly snapshots of balances and use the lowest balance recorded each day to determine a user’s qualifying amount.
Weekly rewards are then calculated using a seven-day average balance and an effective annualized rate set at the time of distribution.
Binance said users must complete identity verification and reside in eligible jurisdictions to participate. Broker accounts are excluded, and reward timing may vary depending on operational conditions.
USD1 and WLFI activity picks up
Launched in April 2025, USD1 is a multichain stablecoin fully backed one-to-one by US dollars and money market funds. Since its debut, it has seen record growth. Data from DeFiLlama shows that the stablecoin’s market capitalization now exceeds $3 billion.
USD1 is available across several blockchains, including Monad, Ethereum, Solana, and Aptos.
WLFI, the main token of the World Liberty Financial ecosystem, has seen a fair share of activity in early 2026. It has recently been added to payroll services, decentralized finance lending platforms, and on-chain liquidity venues.
The token has attracted growing interest and new partnerships, but its connection to U.S. President Donald Trump has drawn criticism, with some citing a potential conflict of interest.