Binance has added Midnight Network’s native token NIGHT to its HODLer Airdrops program and distributed 240 million NIGHT to eligible users. The exchange then opened spot trading for the asset on March 11, 2026, with pairs including USDT, USDC, BNB, and TRY.
HODLer Airdrop targeted BNB users from snapshot balances
According to Binance, Midnight is the 61st project featured in the HODLer Airdrops program. The distribution covered users who held or subscribed BNB in Simple Earn or On-Chain Yield products between February 16 and February 18, 2026. Rewards were based on historical balance snapshots, so users did not need to actively farm or stake during the campaign. Tokens were sent directly to spot accounts.
The airdrop allocation totaled 240 million NIGHT, equal to 1% of total supply. Other supply figures disclosed in the report include a 24 billion NIGHT genesis supply and a 16.6 billion NIGHT circulating supply at listing. Another 240 million tokens were set aside for future promotional campaigns.
Listing opened broader access across Binance markets
After the airdrop announcement, Binance enabled deposits through both BNB Smart Chain and Cardano. The report describes Midnight as a Cardano sidechain built by Input Output Global, focused on privacy infrastructure. Its core design uses zero-knowledge proofs to support applications that handle sensitive data while preserving user privacy.
The listing also stands out because NIGHT is described as one of the earlier Cardano-based assets to gain support on Binance, giving the project access to a much wider exchange audience.
Price fell to $0.0470 as trading activity jumped
Market reaction was weak after trading began. The report says NIGHT fell 8.27% over the last 24 hours to $0.0470. At the same time, daily trading activity rose 951%, a sign that sell-side flow accelerated after the token distribution.
The article links that move to the release of 240 million NIGHT to BNB holders, with some recipients likely selling their rewards into the market. It also notes that discussion around the expected mainnet launch in Q1 2026 has fed debate over price stability. In the near term, the report says NIGHT may stabilize if it holds above $0.045; if that level breaks, the token could move closer to $0.040.
Midnight had already reached other exchanges before Binance
Before joining Binance, NIGHT had been trading on exchanges including MEXC, KuCoin, Kraken, and Bybit since December 2025. The Binance listing adds a different level of exposure because of the exchange’s size. The source says Binance has more than 310 million registered users globally and remains the world’s largest crypto exchange by scale.