PANews reported on October 8 that Binance Alpha is the first platform to launch Pipe Network (PIPE). Alpha trading will begin at 22:00 (UTC+8) on October 8, 2025.

Eligible Binance users can use Binance Alpha Points to claim an airdrop of 160 PIPE tokens within 24 hours of trading on the Alpha event page. The Binance Alpha airdrop will be distributed in two phases: Phase 1 (first 18 hours): Users with at least 211 Alpha Points will be eligible to claim. Phase 2 (last 6 hours): Users with at least 190 Alpha Points will be eligible to participate in the second phase of the airdrop on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour for the duration of the event.

Please note that claiming the airdrop will consume 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha event page, otherwise they will be deemed to have forfeited the airdrop.