The first competition has been live for less than 11 hours, and buy volume still counts double—the LAB trading competition in Binance Wallet is another race to see who can move fastest.
Binance Wallet has launched two $LAB trading competitions on Binance Alpha. The first runs from November 12 at 21:00 to November 19 at 21:00 Beijing time; the second runs from November 19 at 21:00 to November 26 at 21:00. In each competition, the top 2,000 participants by cumulative buy volume will split 2.57 million LAB, with 1,285 tokens per person. That’s 5.14 million LAB across both competitions, worth about $200,000 at the current price of roughly $0.038.
Two rules are worth noting: only buy volume counts—sells, cross-chain bridge transactions, and trades on third-party dApps don’t earn points. Eligible trading volume gets an early-bird multiplier: 2.0x on days 1–2, 1.8x on days 3–4, 1.5x on day 5, 1.3x on day 6, and back to 1.0x on day 7. Rewards will be distributed by December 10 and must be claimed within 14 days.
LAB is a trading terminal project on BSC. It had its TGE in October 2025 and held an IDO through Binance Wallet. Its total supply is 1 billion tokens, with about 309 million currently in circulation.
My take: 1,285 tokens are worth about $49 at the current price. The reward isn’t huge on its own; this competition is about getting in early—the 2x multiplier is only available for the first two days, so the same amount of money gets you only half the credited volume if you join later. But don’t focus only on the rewards: the competition ranks buy volume, not returns, so calculate your trading fees and slippage before trying to climb the leaderboard. Also, only about 30% of LAB is in circulation, while the remaining 60% is scheduled to unlock through 2027. Whether to hold on to your rewards after receiving them depends on the unlock schedule.
Data as of: 2026-11-12 20:08 UTC
For informational purposes only; this is not investment advice.
Binance Wallet has launched two $LAB trading competitions on Binance Alpha. The first runs from November 12 at 21:00 to November 19 at 21:00 Beijing time; the second runs from November 19 at 21:00 to November 26 at 21:00. In each competition, the top 2,000 participants by cumulative buy volume will split 2.57 million LAB, with 1,285 tokens per person. That’s 5.14 million LAB across both competitions, worth about $200,000 at the current price of roughly $0.038.
Two rules are worth noting: only buy volume counts—sells, cross-chain bridge transactions, and trades on third-party dApps don’t earn points. Eligible trading volume gets an early-bird multiplier: 2.0x on days 1–2, 1.8x on days 3–4, 1.5x on day 5, 1.3x on day 6, and back to 1.0x on day 7. Rewards will be distributed by December 10 and must be claimed within 14 days.
LAB is a trading terminal project on BSC. It had its TGE in October 2025 and held an IDO through Binance Wallet. Its total supply is 1 billion tokens, with about 309 million currently in circulation.
My take: 1,285 tokens are worth about $49 at the current price. The reward isn’t huge on its own; this competition is about getting in early—the 2x multiplier is only available for the first two days, so the same amount of money gets you only half the credited volume if you join later. But don’t focus only on the rewards: the competition ranks buy volume, not returns, so calculate your trading fees and slippage before trying to climb the leaderboard. Also, only about 30% of LAB is in circulation, while the remaining 60% is scheduled to unlock through 2027. Whether to hold on to your rewards after receiving them depends on the unlock schedule.
Data as of: 2026-11-12 20:08 UTC
For informational purposes only; this is not investment advice.
