Binance to Launch Avantis (AVNT) Trading Tournament with 1.6 Million Token Prize Pool

According to the announcement from Binance, the platform is set to introduce the Avantis (AVNT) Trading Tournament, offering eligible participants a chance to win a share of 1,600,000 AVNT in token vouchers. The tournament will run from 2026-04-08 10:00 (UTC) to 2026-04-18 10:00 (UTC). Eligibility extends to all verified new and regular users, as well as Binance VIP users, while liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers are excluded. Participants must trade a cumulative amount of at least 500 USD equivalent in AVNT/USDT or AVNT/USDC pairs on Binance Spot during the promotion period to qualify for rewards. The rewards are calculated based on the user's trading volume relative to the total trading volume of all eligible participants, with a cap of 25,000 AVNT in token vouchers per user. Token vouchers will be distributed by 2026-05-02 and will expire within 21 days after distribution. Users can redeem their rewards via Profile > Rewards Hub. The tournament rules specify that trading volume from zero-fee trading pairs and transaction or gas fees will be excluded from the final trading volume calculation. The Spot Trading Volume leaderboard, updated at least once every 24 hours, will display the trading volumes of users who meet the minimum qualifying threshold. Binance reserves the right to disqualify users involved in dishonest behavior or tampering with program code. The campaign's commencement and operation depend on the successful listing of the relevant token on Binance Spot, and any changes to the listing may affect the tournament's schedule and reward distribution.