Caroline Bishop
Feb 06, 2026 02:13
Binance data shows BNB holders who participated in Launchpool and airdrops earned 177% combined returns from Jan 2024 to March 2025, averaging 11.8% monthly.
BNB holders who kept their tokens on Binance and participated in ecosystem rewards programs earned a combined 177% return between January 2024 and March 2025, according to new data from the exchange. That works out to roughly 11.8% per month—numbers that would make most DeFi yield farmers jealous.
The breakdown: BNB’s price climbed from $313 to $640 during that period, delivering 104% appreciation. Holders who staked in Launchpool, MegaDrop, and HODLer Airdrop programs pocketed an additional $226 in token rewards per BNB held, pushing total returns to $553 on a $313 investment.
The Launchpool Numbers
Binance ran 21 Launchpool events in 2024 alone, distributing over $1.75 billion in token rewards. The mechanism is straightforward: stake BNB, receive new project tokens before they hit public markets. No purchase required—you’re farming with assets you already own.
Top performers per single BNB staked included Saga (SAGA) at $13.07, Ethena (ENA) at $10.37, and PIXEL at $9.47. Across all Launchpools from early 2024 through Q1 2025, average APYs hit 84%. Binance notes these calculations use first-day closing prices rather than all-time highs—a more conservative metric than some analysts prefer.
Airdrop Programs Added Another 19.7%
MegaDrop and HODLer Airdrops contributed an additional 19.7% yield for participants who caught every drop. MegaDrop requires completing quests or staking BNB for allocations from vetted projects. HODLer Airdrops reward users based on historical BNB balance snapshots—essentially paying you for not selling.
The compounding angle here is worth noting for active traders. Converting airdropped tokens back to BNB increases your principal for future reward calculations, creating a flywheel effect. More BNB means larger allocations, which can convert to even more BNB.
Current Market Context
BNB currently trades at $752.30, down 3.78% in the past 24 hours, with a market cap of $105.3 billion. The token has continued its upward trajectory since the March 2025 data cutoff, though past performance obviously doesn’t guarantee future results.
Binance recently revamped its Launchpool interface on mobile, adding the ability to subscribe to BNB Simple Earn directly from the Launchpool page and push notifications for new airdrops. A redesigned BNB page now consolidates trading fee discounts, VIP perks, and real-time airdrop information in one location.
The Utility Angle
Beyond yield farming, BNB still serves its original purposes: up to 25% off spot and margin trading fees, 10% off futures, and gas payments across BNB Chain. Real-world spending has expanded significantly—Binance Pay now works at over 650,000 South African merchants through partnerships with Scan To Pay and Zapper, including chains like KFC, Dis-Chem, and Engen fuel stations.
For holders weighing whether to keep BNB on Binance versus self-custody, the yield differential is substantial. Self-custodied BNB captures price appreciation and can be used in DeFi, but misses the Launchpool and airdrop allocations that drove 73 of those 177 percentage points in returns. Whether that tradeoff makes sense depends on your risk tolerance and how much you trust centralized exchange custody.
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