According to online reports, according to an official announcement, Binance Alpha launched Velo Protocol (VELO). Eligible Binance users with at least 242 Binance Alpha points can receive 5,000 VELO token airdrops on the Alpha event page starting from 07:00 (UTC) on June 16, 2025. Receiving a VELO airdrop will cost 15 Binance Alpha points. Users need to confirm the collection within 24 hours on the Alpha event page, otherwise they will be deemed to have waived their eligibility to collect.