On September 5, Binance announced its 36th project on the HODLer Airdrops portal – OpenLedger (OPEN) – before listing the digital asset.
The crypto exchange created the HODLer Airdrops portal to retroactively reward its users, based on historical snapshots of their BNB holdings.
What is OpenLedger (OPEN)?
OpenLedger is an AI blockchain that promises to unlock liquidity to monetize data, models, and agents. The project is backed by important names in the crypto ecosystem, including Polychain, Borderless Cap Web3 investment manager, HashKey Capital, and others.
According to the official website of the project, the OpenLedger Chain claims to be the foundation for trusted AI.
Key Features of OpenLedger
OpenLedger has the following key features:
- Built for AI – The project is designed 100% for AI participation, and every component from model training to agent deployment runs onchain.
- AI liquidity layer – OpenLedger transforms data, models, and agents from static assets to liquid and composable ones.
- EVM-compatible infrastructure – The project follows Ethereum’s standards, allowing users to connect their wallets, smart contracts, and L2 ecosystems without friction.
- Proof-of-attribution – OpenLedger ensures that all contributions are traceable, verifiable, and rewarded in a fair manner.
So far, the OpenLedger Chain has recorded over 28 million transactions, has more than 23,000 smart contracts, and over 1,2 million wallets.
OpenCircle
The project also features OpenCircle SeedLab, which fuels new ideas and builds on the blockchain.
This project powers builders who are shaping the worlds of AI and Web3, and it’s continuously looking for new talents, innovators, and companies that are ready to create specialized agents, models, and apps onchain.
OpenLedger Ecosystem
The OpenLedger ecosystem includes a multitude of important names in the crypto industry, such as Kaito, Aethir, AltLayer, Sentient, Virtuals, Trust Wallet, Eigen Layer, Base, and others.
2025 was a fruitful year for the project, which marked multiple significant partnerships, including with BNB Chain.
What is OPEN?
OPEN is the native token that powers the OpenLedger AI blockchain, and it is built to unite data contributors, model developers, validators, and users under a single economic system.
Use Cases
OPEN use cases include the following:
- Paying for transaction and gas fees across the OpenLedger ecosystem
- Allowing contributors to earn OPEN when their data shapes model outputs, offering fair value for all
- Paying for model training, deployment, and inference
- Enabling usage-based pricing by making per-inference payments
- Allowing governance participation, with users being able to vote on governance proposals, protocol upgrades, influence parameter changes, and ecosystem decisions.
Tokenomics
The total OPEN supply will be 1 billion tokens, and the initial circulating supply will be 21.55% of the amount – more than 210 million tokens.
Other details regarding token allocation are the following:
- 10% of the total supply goes to the ecosystem.
- 51.7% goes to the community (5% being set aside for the airdrop).
- Over 18% goes to investors.
- The team gets 15%.
- 5% of the total token amount is for liquidity.
OPEN Unlock Schedule
According to official details revealed by the team behind OpenLedger via X, the unlock schedule is as follows:
- At TGE, 215.5 million OPEN will be unlocked for liquidity, rewards, and ecosystem bootstrapping.
- The community and ecosystem will see a linear unlock over 48 months.
- The team and investors get a 12-month cliff unlock and a 36-month linear unlock.
Today, September 5, the team behind OpenLedger announced that Binance, the biggest crypto exchange in the world, will list the project. Binance also revealed OpenLedger as its 36th project on HODLer Airdrops.
Binance’s Details About OpenLedger HODLer Airdrops and Listing
In its official announcement, Binance revealed that all users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products starting on August 18 at 00:00 (UTC), until August 21, at 23:59 (UTC) are eligible for the airdrop.
The crypto exchange also announced that it will list OPEN on September 8 at 13:00 (UTC) and will open trading for the following pairs:
- OPEN/USDT
- OPEN/USDC
- OPEN/BNB
- OPEN/FDUSD
- OPEN/TRY
OPEN will be listed with the Seed Tag applied, which signals potential higher volatilty compared to other already listed projects.
Also, Binance will first list OPEN on its platform for showcasing early-stage projects with growth potential in Web3, Binance Alpha, but the exact timing still has to be announced.
Users can already start depositing OPEN on the exchange.
