Binance Wallet Launches $1M BNB DeFi Carnival Rewards Program

Binance Wallet expands its rewards initiative with a December on-chain trading competition offering up to 20 BNB tokens to top-ranked participants based on profit and loss performance.

BNB

Summary

According to an official announcement, Binance Wallet has launched an on-chain trading rewards event as part of its BNB DeFi Carnival. Registration is open from December 1–13, 2025 UTC, with trading competition taking place from December 2–16, 2025. The top 210 ranked users, determined by profit and loss (PnL) performance, will share up to 20 BNB tokens. This event complements the broader $1,000,000 rewards program for BNB Chain token holders investing in Solv, Bouncebit, or Venus pools, with the first phase running until January 11, 2026.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance for decentralized applications and digital assets.
  • DeFi: Decentralized finance, a system of financial applications built on blockchain that operate without traditional intermediaries.
  • PnL: Profit and loss, a financial metric indicating the net earnings or losses from trading or investment activities.