Binance HODLer Airdrops Launches $10M TURTLE, Over 154M Tokens to Enter Market
The post Binance HODLer Airdrops Launches $10M TURTLE, Over 154M Tokens to Enter Market appeared on BitcoinEthereumNews.com.
Key Takeaways: Binance validates the TURTLE listing of October 22, where trading pairs are of USDT, BNB, USDC, FDUSD and TRY. 10 million TURTLE (1% of supply) will be airdropped to subscribers of the BNB Simple Earn retroactively. On the IPO, the TURTLE will be in circulation with 154.7 million (and no listing fee). Binance has formally stated the listing of Turtle (TURTLE) a next-generation liquidity distribution protocol, as the 55th project on its HODLer Airdrops initiative. Users who were staked during the Simple Earn between October 14-16, 2025 will receive retroactive airdrops – 10 million TURTLE tokens. Trading of TURTLE starts on October 22 at 15:00 UTC and the token will be traded against USDT, BNB, USDC, FDUSD, and TRY. What Is Turtle (TURTLE)? Turtle is a liquidity protocol that has been designed to optimize capital usage in Web3. It is aimed at institutional-level liquidity providers, DeFi projects and protocols-based incentive systems. Basic Use Case: Organized Liquidity Distribution TURTLE will be able to bootstrap TVL (Total Value Locked) by the means of a single framework where: Risk-adjusted yield balances. Cross-protocol liquidity campaigns coordinate cross-protocol liquidity marketing. Performance of Tracks LP through on-chain scoring. Incentives that converts received were turned into TURTLE token rewards. This creates a continuous loop where the LPs will be capable of getting multiplier on reward over time and this will grow the retention of the user base and efficiency of capital. Turtle’s Role in the Current DeFi Market Liquidity fragmentation has been an issue of DeFi and unsustainable reward system. Turtle proposes a long term incentive system, which reduces a capital flight in the event of liquidity mining plans being scrapped. It is also possible that their model can be of interest to more institutional LPs by streamlining the procedures of due diligence, risk analysis…
Filed under: News - @ October 23, 2025 4:29 pm