Binance to Launch New Altcoin on Alpha and Futures with Airdrop Rewards

Trading for OBOL will begin on May 7, 2025, at 10:00 UTC, followed by the launch of the OBOLUSDT Perpetual Contract at 10:30 UTC the same day.

As the first exchange to support both Alpha and Futures trading for OBOL, Binance is offering early users an opportunity to earn an airdrop. Eligible users who meet the Binance Alpha Points threshold—details to be revealed on launch day—will receive their airdrop within 20 minutes of trading commencement.

The OBOLUSDT contract offers up to 50x leverage, and trading will be available 24/7. Built on the Obol Stack, the project focuses on distributed validators to enhance staking security and performance. To reduce congestion on the Ethereum network, Binance recommends placing limit orders when trading begins.

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Binance users can also trade OBOL futures using BTC and other assets under the Multi-Assets Mode. The contract features a funding rate capped at ±2.00%, settled every four hours.

This launch marks another step in Binance’s continued commitment to supporting innovative blockchain projects while offering early trading access and incentives to its global community.

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