BlockBeats News, October 21st. According to official sources, the RIVER perpetual contract officially landed on the Binance futures market on October 17th, surging to a peak of $5.465, an increase of approximately 130%. The current Binance futures price is holding at the $4 level, with users who participated in the Binance IDO seeing a return rate of 80x. Within 24 hours, the contract also simultaneously landed on mainstream exchanges such as Aster, Kucoin, Gate, and Bitget, with a total trading volume exceeding $100 million.
River Pts, as an ecosystem point, is an ERC20 token that can be traded on DEX and staked. Within the first 27 days of its launch, it achieved a 20x price increase. Its core mechanism, “Dynamic Airdrop Conversion,” innovatively introduces a time variable into the tokenomics model—users can convert points to RIVER tokens at any point within 180 days, with the exchange rate continuously increasing over time, thereby driving the value linkage between River Pts and RIVER.
The previous second airdrop covered over 120,000 user addresses and X platform accounts, and users can now claim rewards through the airdrop page. The ongoing third-season activity has attracted participation from over 60,000 X accounts, where users can earn River Pts by creating content, using the satUSD stablecoin, participating in ecosystem activities, and contributing, and can claim the points at the end of the third season for conversion at any time.
