In a significant announcement, Binance Wallet has unveiled the launch of the Subsquid trading competition, aimed at enhancing user engagement and trading activity on Binance Alpha. Scheduled from June 2, 2025, at 21:00 to June 16, 2025, at 21:00 (UTC+8), this competition invites eligible users to earn exclusive token rewards through trading Subsquid (SQD). Participants will be evaluated based on their total purchases of SQD throughout the competition period. Notably, the top 13,000 traders will share a collective prize pool of 4,420,000 SQD tokens, translating to a reward of 340 SQD per participant. This initiative not only fosters a competitive trading environment but also incentivizes users to explore the robust capabilities of the Binance Wallet while trading in a non-custodial manner.