Binance Launches 58th HODLer Airdrop Featuring Allora (ALLO) Rewards
Coinbase will open ALLO-USD spot trading on November 12, 2025 at 9 a.m. ET, expanding the token’s market reach beyond Binance, subject to liquidity in supported regions.
Summary
On November 11, 2025, Binance confirmed listing Allora (ALLO) as part of its 58th HODLer airdrop program, including Margin and 50x leveraged Futures, alongside a reward of 50 ALLO tokens to eligible users. Coinbase, in an official announcement, stated that ALLO-USD spot trading will begin November 12, 2025 at 9 a.m. ET in supported regions, contingent on liquidity conditions. The coordinated listings by two major exchanges highlight growing global support for ALLO and aim to enhance trading access for diverse market participants.
Terms & Concepts
- HODLer airdrop: A promotional token distribution to long-term holders, rewarding them with new cryptocurrency projects.
- Perpetual contracts: A type of futures contract in cryptocurrency trading with no expiration date, allowing traders to hold positions indefinitely while using leverage.
- Funding rate: Periodic payment exchanged between buyers and sellers of perpetual contracts to keep trading prices in line with the spot market.