This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch a new promotion for Binance Fixed Rate Loans users. During the Promotion Period, eligible users who place new Fixed Rate Loans USDT Supply orders which successfully match, will have a chance to receive up to 20% bonus APR in USDT for a 7-day period.
Promotion Period: 2025-07-29 00:00 (UTC) to 2025-08-26 23:59 (UTC)
Eligible users who place eligible Fixed Rate Loans USDT Supply orders that are successfully matched during the Promotion Period can participate and earn rewards. Eligible Fixed Rate Loans USDT Supply orders includes:
Placing a new USDT Supply order which is successfully matched; or
Successfully matching existing USDT orders under “I Want to Supply”
A total reward pool of 65,000 USDT is allocated to this Promotion. Eligible users will be placed in three different Tiers based on their minimum Total Supply Volume* during the Promotion Period.
According to the Tier they qualify for, qualified users can earn Bonus APR (on top of base interest) on Eligible Supply Volume** for 7 days, listed in the table below.
Please Note:
*The Total Supply Volume only includes Supply orders matched during the Promotion Period. For splitting orders, only the matched sub-orders are counted in the Total Supply Volume.
**Eligible Supply Volume = (Total Supply Volume during Promotion Period) - (Minimum Total Supply Volume required for each Tier)
The Bonus APR will only apply to the Eligible Supply Volume, which is the additional Supply Volume after deducting the minimum Total Supply Volume required for each Tier. The Bonus APR applied will be capped at the Eligible Supply Volume range for each Tier, as per the table above.
Bonus APR Rewards are calculated based on: (Eligible supply Volume) * (Bonus APR) * (7 / 365).
Binance’s calculation of a user’s rewards is final.
Rewards are allocated on a first-come, first-served basis:
Rewards are allocated based on the timestamp of the first matched supply order, and early participants receive priority until the 65,000 USDT reward pool is exhausted. Once the reward pool is exhausted, no further rewards will be available for distribution notwithstanding the fact that a user may have placed an eligible Fixed Rate Loan order during the Promotion Period.
Only matched Fixed Rate Loans supply order(s) during the Promotion Period are eligible.
Only orders that are successfully matched will count into the Total Supply Amount.
Only the portion of supply funds that exceeds a tier's minimum qualifies for bonus APR, and this qualifying amount is capped at the respective tier's principal limit.
Users can only receive rewards from one tier, and will automatically receive rewards from whichever single tier gives them the highest total bonus.
Case Study:
User A supplies 100,000 USDT from an existing order on 2025-08-16, and later supplies another order of 100,000 USDT on 2025-08-20 until the end of the Promotion. The total supply volume will be 200,000 USDT, which qualifies User A for Tier 1. The final reward is calculated as such:
(50,000 USDT) * (10%) * (7/365) ≈ 96 USDT
User B places a new 510,000 USDT supply order and gets matched on 2025-08-22. User B maintains the position until 2025-08-26, so user B qualifies for both Tier 1 and Tier 2. The final rewards for each Tier are calculated as such:
Tier 1: (50,000 USDT) * (10%) * (7/365) ≈ 96 USDT
Tier 2: (10,000 USDT) * (15%) * (7/365) ≈ 29 USDT
Since the total reward for Tier 1 is higher than Tier 2, then the final reward will be 96 USDT.
User C places a supply order of 500,000 USDT on 2025-08-10, but the order is not matched by 2025-08-26. Thus, the total supply volume remains 0, and the user is not eligible to receive rewards from the Promotion.
User D places a supply order of 500,000 USDT on 2025-07-25 (before the Promotion), and splits the order into 10 sub-orders of 50,000 USDT each. During the Promotion Period, only 4 orders have been matched, then the total supply volume will be 200,000 USDT, so user D qualifies under Tier 1. The final reward is calculated as such:
(50,000 USDT) * (10%) * (7/365) ≈ 96 USDT
Match with an existing order or place a new order: To match with an existing order, users can select the asset they wish to supply. Next, click on the preferred offer, and the corresponding details — such as supply amount, expected interest rate, and other relevant information — will be automatically populated in the panel on the right. The order will be matched immediately if the terms are accepted without any changes. Users can place a new order by adjusting the supply terms.
Confirm order: Review and confirm the order details and the Terms & Conditions, click [Confirm].
Order matched: After the order has been matched, the supplied funds will be transferred from the Spot Account and will be principal-protected by Binance for the duration of the order. Return Interest starts accruing on matching. Check the order status in [My Order] - [Ongoing Order].
Repayment: After the loan expires, the loaned assets and Return Interest will be delivered to the Spot Account within 24 hours following the expiry date. For more information on how Binance Fixed Rate Loans work, refer to this FAQ.
This Promotion is sponsored by KernelDAO, a top restaking protocol, with over $2 billion total value locked and live on 10+ chains including Ethereum, BNB Chain, Arbitrum, Optimism, and expanding further. KernelDAO’s three key products include Kernel - the restaking infrastructure on the BNB Chain, Kelp LRT - a leading liquid restaking protocol on Ethereum, and Gain - a tokenised rewards program designed for users to maximize their earning potential by accessing highest rewards and top airdrops conveniently. By empowering stakers, developers, and protocols, KernelDAO is committed to driving the next wave of Restaking innovation, creating opportunities for all to participate in emerging technologies, and be the backbone of decentralized economic security.
Rewards:
The rewards will be distributed in USDT to eligible users' Spot Accounts within four (4) weeks after the Promotion Period ends.
Only users who complete account verification will be eligible for rewards from the Promotion(s).The Promotion is only available to users who are enabled to use Binance Fixed Rate Loans, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Fixed Rate Loan services in each country or jurisdiction from which the services are accessed.
Terms and Conditions for Binance Fixed Rate Loans apply.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (including, without limitation, wash trading, bulk account registrations, self dealing, or market manipulation).
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional Promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-07-29
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
