LAB, formerly known as Memes Lab, is a multi-chain trading stack that combines a mobile trading app, a browser overlay, and cross-chain execution tools. The LAB token has already launched, and the project’s current rewards program works differently from its earlier, now-closed loyalty airdrop.
Status: Token live, ongoing rewards program active
Token confirmed: Yes, TGE completed October 14, 2025, as the 40th Binance Wallet Exclusive TGE on Binance Alpha, with same-day listings on Gate.io, KuCoin, and Bitget
Current program: LAB Rewards Season, based on in-app trading leaderboard rank and referrals
Closed program: The earlier Memes Lab loyalty airdrop and Lootbox campaign, based on prior trading activity on other platforms, has ended
Chain: Multi-chain, originally Solana-focused during the loyalty airdrop phase
LAB was originally backed by a $2.3 million seed round led by Lemniscap, with participation from Animoca Brands, OKX Ventures, KuCoin Ventures, Gate Ventures, GSR, and Amber Group, back when the project was still branded Memes Lab.
That earlier phase included a Lootbox loyalty airdrop drawing on a 50,000,000 LAB pool for users with trading history on platforms including Jupiter, Phantom, Axiom, GMGN, BullX, Pump.Fun, and several others. That program has since closed, along with the original Telegram trading bot, which has been retired in favor of the LAB mobile app.
Am I Eligible for the LAB Airdrop?
The historical loyalty airdrop based on prior trading activity on other platforms is closed, so eligibility through that route is no longer available.
The current LAB Rewards Season is open to anyone who downloads the app and trades, with no snapshot or prior-activity requirement. Your position depends on ongoing trading volume and referral activity during the live season, not on anything you did before the rebrand.
If you are tracking other campaigns other than LAB, our airdrops page covers the active campaigns worth watching right now.
How to Participate in the LAB Rewards Season
- Install the official LAB app on iOS or Android and open it once the installation finishes.
- Set up a new in-app wallet or import an existing one during onboarding, and save your recovery phrase offline. This wallet holds the funds you trade with and receives your LAB rewards.
- Deposit assets on any supported chain to start trading. In-app trades use real mainnet funds, so you’ll need to buy crypto such as SOL, ETH, or BNB on an exchange and withdraw it to your LAB wallet on the matching network.
- Place spot and perpetual trades inside the app to earn a spot on the LAB Rewards Season leaderboard. Higher volume moves you up the ranks, and consistent activity throughout the season matters more than a single large trade.
- Open the referral section, copy your personal invite link, and share it. You earn a commission every time a referred user trades, with no cap on how many people you can invite, and it runs alongside your own leaderboard rewards.
- Check the rewards tab to view your rank, accrued LAB, and any unlocked perks. Claim rewards as they become available and keep trading to hold or improve your rank through the season.
Potential Risks in Participating in the LAB Airdrop
LAB’s current program involves real trading with real capital, a different risk profile than a typical free task-based airdrop.
This Requires Real Capital and Involves Perpetual Trading
Earning a meaningful leaderboard rank requires depositing real assets and generating consistent trading volume, including through perpetual contracts, which typically involve leverage. Leveraged positions can produce losses beyond your initial deposit if the market moves against you.
For readers new to how perpetual contracts and leverage work before trading on any platform, our guide on perpetual swaps and our guide on leverage trading in crypto both cover the fundamentals.
The Old Loyalty Program Is Closed, and Some Online Guides Are Outdated
Older guides and links referencing the Memes Lab Lootbox checker, the retired Telegram bot, or the original loyalty airdrop no longer reflect how the project works today. Following outdated instructions risks wasted time or, worse, interacting with abandoned or spoofed links tied to the old branding.
Token Unlocks Continue Into 2027
LAB’s token unlock schedule runs into 2027, alongside a stated 1% burn mechanism and buybacks. Ongoing unlocks can create sell pressure over time, and readers holding LAB from rewards should understand the unlock schedule rather than assume price stability.
Referral Commissions Depend on Real Trading by Others
Referral rewards are paid based on the real trading activity of the people you invite, not simply on sign-ups. This means referral income is uncertain and depends on whether invited users fund and trade in the app.
Frequently Asked Questions
Need a refresher? Here are the questions most readers ask about the LAB airdrop before getting started.
When did the LAB token launch?
The LAB token generation event took place on October 14, 2025, as the 40th Binance Wallet Exclusive TGE on Binance Alpha, with same-day listings on Gate.io, KuCoin, and Bitget. The token is already live and trading.
Is the old Memes Lab loyalty airdrop still available?
The original loyalty airdrop, which rewarded prior trading activity on platforms including Jupiter, Phantom, and Axiom through a 50,000,000 LAB Lootbox pool, has closed. The current LAB Rewards Season replaces it with a leaderboard-based system open to anyone trading in the app today.
Is it free to earn LAB rewards?
Signing up and referring friends is free. Earning leaderboard rewards requires trading real assets in the app, so you need capital and gas to generate the trading volume that determines your position and LAB allocation.
What happened to the LAB Telegram bot?
The project rebranded from Memes Lab and retired the original Telegram trading bot. All trading and rewards now run through the LAB mobile app on iOS and Android, as well as via a browser overlay.
Will there be more LAB rewards after the current season ends?
LAB runs its rewards program as an ongoing, season-based system tied to trading activity, so future seasons depend on the team’s roadmap rather than a fixed end date. Staying active in the current season is the only way to position oneself for whatever comes next.
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