According to the announcement from Binance, the platform is set to introduce the Perle (PRL) Trading Competition on Binance Alpha, offering participants the chance to earn exclusive token rewards. The competition will be conducted in two phases, with the first phase running from 2026-04-28 13:00 (UTC) to 2026-05-05 13:00 (UTC), and the second from 2026-05-05 13:00 (UTC) to 2026-05-12 13:00 (UTC). Participants will be ranked based on their total purchase volume of PRL during these periods, with the top 2,530 users sharing a pool of 303,600 PRL tokens equally.

To enhance fairness and encourage early participation, Binance is introducing the Early Bird Boost Multiplier. This feature allows users to earn more by trading earlier in the promotion period, with multipliers decreasing as the competition progresses. For instance, trades made on the first day of each promotion period will receive a 2x multiplier, while those on the last day will not receive any multiplier. Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify, and cumulative purchases are the only transactions considered. Token bridging transactions and third-party dApp transactions are excluded from this promotion.

Rewards will be distributed in PRL tokens and will be claimable by eligible users before 2026-05-26 13:00:00 (UTC). Participants must claim their rewards within 14 days of them becoming available, or they will be forfeited. To join the competition, users must click [Join] on the Binance App event page and ensure their Binance Wallet (Keyless) is set up and backed up. The competition terms and conditions apply, and Binance reserves the right to amend these terms at its discretion.