The leading crypto exchange, Binance Wallet, has announced its 11th exclusive Token Generation Event (TGE) for Hyperlane (HYPER), which is a permissionless interoperability protocol.
The event is scheduled for April 22, 2025, and runs from 9:00 to 11:00 UTC via Pancakeswap on the BNB Smart Chain, with $600,000 worth of tokens up for grabs.
Hyperlane is the protocol to enhance cross-chain messaging and asset transfers without relying on centralized intermediaries or permissioned infrastructures. Its governance token ‘HYPER’ allows users with staking options, voting rights on protocol changes, and access to future revenue buybacks.
According to the official blog post, a total of 20 million HYPER tokens (approximately 2% of the total supply) will be made available at a fixed price of $0.03 per token, payable in BNB.
Each participant can contribute up to 3 BNB. The number of tokens you get will depend on how much you put in compared to the total amount everyone else contributes.
Who Can Participate?
In order to qualify for TGE, users must have purchased at least $20 worth of Binance Alpha tokens between March 22 and April 20, 2025.
It will be done through Binance Wallet (keyless) or via Spot/Funding accounts on the Binance Exchange. Importantly, only purchases made after the official listing of a token on Binance Alpha are deemed valid.
Eligibility Criteria
- A user buying $20 worth of Alpha tokens on April 5 is eligible.
- A user splitting their purchase between Wallet and Spot accounts still qualifies.
- Purchases made before March 22 or involving tokens not yet listed at the time of purchase are disqualified.
How the TGE Will Work
The token offering will be conducted exclusively through Binance Wallet and PancakeSwap. It allows users to commit BNB from their Keyless Wallets during the 2-hour window.
Users are advised to ensure their wallets are sufficiently funded in advance to avoid congestion-related delays.
Once the event concludes at 11:00 UTC, DEX trading for HYPER will go live immediately on PancakeSwap and within Binance Wallet’s DEX platform. There will be no vesting.
Also Read: Crypto Market Sees Broad Rally; AI Sector, Bitcoin Surges
