Bitcoin Layer 2 network Citrea has set May 26 for the launch of its CTR token on Binance Alpha and Gate.io. The project says CTR has a fixed supply of 10 billion tokens, while only 12% will count as circulating supply at launch. That puts a relatively small portion of total supply into the market at the start of trading.
May 26 launch schedule on both platforms
According to the details cited in the source material, Gate.io will open CTR/USDT spot trading at 13:00 UTC on May 26, 2026. Its zero-fee convert function is scheduled for 14:00 UTC the same day. The article describes Gate.io as the first spot exchange to offer public trading for CTR, and says no delay has been announced.
Binance Alpha is also set to feature CTR on May 26. The rollout includes an airdrop mechanism tied to Alpha Points, with eligible users able to claim CTR through the Alpha Events page. Binance had not published the exact points threshold in the source material, and users were directed to monitor official channels before trading begins.
Citrea pitches a Bitcoin-native zkEVM rollup
Citrea is presented as a Bitcoin Layer 2 network built around a zkEVM rollup. The project uses zero-knowledge proofs to verify transactions without exposing full underlying data, while relying on Bitcoin as the base security layer.
The network is described as a Type-2 zkEVM, meaning compatibility with Ethereum-based applications. In practical terms, developers can move existing smart contract projects without rewriting code from scratch. That positions Citrea as an attempt to combine Bitcoin security with Ethereum-style programmability.
How the 10 billion CTR supply is allocated
Citrea says CTR has a hard-capped supply of 10 billion tokens. Of that total, 12% is assigned to initial claims through the Genesis Airdrop and TGE activities, and this is the only portion counted as circulating supply at launch.
Another 25.16% is allocated to incentives and treasury, locked in a smart contract and releasable only through governance by xCTR holders. 22.83% is reserved for ecosystem growth and R&D, held by the foundation for staking, delegation, and developer support. 19.35% goes to investors under a 4-year unlock schedule with a 1-year cliff, while 20.66% is assigned to early contributors on the same vesting terms.
The source also says the unlocked supply stands at 34.83%, but 22.83% of that sits with the foundation for governance purposes rather than open-market trading. On that basis, the launch float remains centered on the 12% initial circulating share.
Funding backers and mixed response from users
Citrea has raised $16.7 million, with the source naming Founders Fund and Galaxy among its backers. No extra financing details were provided in the material, but the funding figure places the project among the more heavily backed Bitcoin scaling efforts referenced in the report.
User reaction has been split. Responses to the Binance airdrop announcement included enthusiasm around the mainnet milestone, while other users complained that their earlier testnet and mainnet activity did not qualify them for the Citrea airdrop. Based on the published schedule, Binance Alpha users can pursue the airdrop on May 26, while Gate.io users can access CTR through direct purchase or conversion.