Plasma’s XPL token debuted at $1.6 with extensive Binance Alpha airdrops and a 7-day liquidity incentive program across major DeFi protocols, boosting yields and participation in its ecosystem.
Plasma’s native token XPL launched on September 25, briefly reaching $1.6. Extensive airdrops provided Binance Alpha users around $220 worth of XPL. Plasma introduced a 7-day liquidity incentive program covering major protocols such as Aave, Euler, Fluid, Curve, and Veda, rewarding participants with WXPL. Multiple vaults offer annual yields exceeding 20% and daily rewards in millions of dollars. Users must deposit USDT0 via Stargate and hold small amounts of XPL for gas fees, with rewards tracked and claimed through Merkl.