Binance is running a leaderboard-style promotion tied to its FPSL feature, offering users rewards of up to 388 USDC, according to a reminder post from the exchange's official account.
The post directs users to a dedicated "FPSL HODL Leaderboard" page on Binance's activity portal, where the reward figures and ranking mechanics for the competition are detailed.
What FPSL means for users
FPSL is Binance's abbreviation for its flexible-position savings/lending mechanism, which lets users opt certain holdings into an auto-lending pool that earns yield while remaining otherwise available for trading. Binance frames switching the feature on as a low-effort way to earn incremental rewards on holdings that would otherwise sit idle.
A recurring campaign format
The 388 USDC reward pool is tied specifically to the leaderboard event referenced in the post rather than being a blanket payout to every user who enables FPSL — placement on the leaderboard determines how the reward pool is distributed. Binance has used similar leaderboard-and-reward-pool formats for past promotions, using time-limited competitions to drive adoption of features like FPSL among its user base.
As with other exchange promotions, the specific eligibility window and full distribution rules are laid out on Binance's own activity page rather than in the social post itself.
