Binance Launches $1.7M SUI Ecosystem Trading Competition on Binance Alpha

Binance has introduced a new SUI Ecosystem trading competition on its Binance Alpha platform, offering approximately $1.7 million worth of rewards in SUI-related tokens. The competition runs from May 16 to May 30, 2025, with participants ranked based on their cumulative trading volume across selected token pairs.SUI Ecosystem Trading Rewards StructureThe initiative is designed to incentivize activity within the SUI Ecosystem, featuring six token-specific reward pools. Traders who meet volume thresholds will receive a fixed share of token rewards, with eligibility restricted to transactions conducted via Binance Wallet (Keyless) or Binance Alpha.TokenEligible UsersTotal Reward PoolTokens Per WinnerSCATop 3,0001,248,000 SCA416 SCABLUETop 8,0005,000,000 BLUE625 BLUENAVXTop 5,0005,000,000 NAVX1,000 NAVXHIPPOTop 2,00050,000,000 HIPPO25,000 HIPPONSTop 4,0001,000,000 NS250 NSSUITop 4,00060,000 SUI15 SUI Users can be eligible to receive rewards from more than one pool, provided they fulfill the trading requirements for each token category.Eligibility and Qualified Trading ActivityTo qualify, participants must trade eligible SUI Ecosystem token pairs within the promotion window. Only transactions executed using Binance Wallet (Keyless) or directly on Binance Alpha will be counted. Trades involving SUI/USDC or other SUI-stablecoin pairs are excluded, as are token bridging activities and third-party decentralized applications.The rewards distribution is scheduled for completion by June 13, 2025, and will be credited to eligible users’ Binance Alpha accounts. Each user's reward allocation will be capped according to the specified distribution per token pool.