sophon

#Binance one of the world's largest cryptocurrency exchanges, is starting to offer options on both the Alpha platform and futures by making two listings for a new altcoin.
Binance provides its users with a wide range of trading options for #sophon (#SOPH ) on its different platforms. Users will be able to start trading the SOPH token on the Binance Alpha platform as of May 28, 2025 UTC 13:00. They will also have up to 50x leverage with the SOPHUSDT Futures Contract on the Binance Futures platform.
Binance also announced a special token airdrop campaign in honor of the new listing. Users will be able to participate in this airdrop campaign from the Alpha Events page on the Binance app using Binance Alpha Points. The airdrop campaign will be active between May 28, 2025 UTC 13:00 and May 29, 2025 UTC 13:00.
On Binance Futures, SOPHUSDT futures will be available as of May 28, 2025 UTC 13:30. This futures contract offers a maximum leverage of 50x, while the funding rate is set at a maximum of +2.00% / -2.00%. Funding fees will be reflected in accounts every 4 hours.
Binance stated that it may change leverage rates, initial and maintenance margin requirements, and funding fees depending on market conditions. In addition, Binance Futures also supports multi-asset mode (Multi-Assets Mode). Thanks to this feature, users will be able to buy and sell the SOPHUSDT contract using different crypto assets as margin.

#MarketPullback #BinanceAlphaAlert

Binance Labs has announced its latest investment in Sophon, an innovative platform that's reimagining the intersection of entertainment, gaming, and artificial intelligence. This strategic partnership marks another step forward in bringing Web3 technology to mainstream applications.
Introducing Sophon: Where Entertainment Meets Web3
At its core, Sophon is pioneering a new approach to digital entertainment. The platform leverages zkSync's ZK Stack technology to create a seamless experience for users across gaming, creative applications, and social interactions. What sets Sophon apart is its implementation of native account abstraction, enabling users to interact with applications without worrying about gas fees – a common barrier in the Web3 space.
The platform's infrastructure is built on one of Ethereum's most thoroughly tested Layer 2 solutions, making it both reliable and scalable. This technical foundation positions Sophon to handle the demanding requirements of modern entertainment applications while maintaining the security benefits of blockchain technology.
Strategic Alliances Fueling Growth
Sophon's journey has been strengthened by several key partnerships. The platform was incubated by Merit Circle and has formed strategic alliances with industry players including Beam, Zentry, and Aethir. These collaborations have created a robust ecosystem that serves both developers and end-users, setting the stage for innovative entertainment experiences.
Investment Rationale and Future Impact
Binance Labs' Investment Director, Andy Chang, highlighted Sophon's potential to transform the entertainment sector through its unique approach to Web3 integration. The investment decision was influenced by Sophon's impressive early traction and strong industry partnerships.
Seb, Sophon's CEO, shared the platform's vision: to make advanced technology accessible to everyday users while empowering developers with cutting-edge tools. This aligns perfectly with the growing demand for more intuitive and engaging Web3 experiences.

#sophon #BinanceLabs #ZkSync #ZK #WEB3

🎉 Sophon has secured $71.69M in its funding rounds! 🎉
🔹About: Sophon is a community-driven, entertainment-focused ecosystem built on a modular rollup stack leveraging zkSync’s Hyperchain technology. It aims to address high transaction fees and limited cross-chain interoperability, which often lead to fragmented user experiences in current blockchain systems. Sophon is designed for high throughput applications such as artificial intelligence and gaming, making it a versatile platform for developers and users alike. The project has secured significant funding and strategic collaborations with ecosystems like zkSync, Beam, and Aethir.
Sophon’s mainnet launch is highly anticipated, with a focus on seamless user experiences and intuitive designs. The ecosystem includes features like liquidity farming, allowing users to participate and secure SOPH tokens. Additionally, Sophon Guardianship is being developed to support node buyers, enhancing the network’s robustness. With a total value locked (TVL) of $230 million and 23 million Sophon Points farmed, the project is rapidly gaining traction. Sophon aims to push the boundaries of user experience, making blockchain interactions effortless and enjoyable. 🚀🌐
🔹 Lead Investors: The Spartan Group, Binance Labs, OKX Ventures, Naven 11 Capital, HTX Ventures and many more.
🔹 Total Raised: $71.69M.
🔹 Project Category: Modular Chain.
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#BinanceTurns7 #Layer1 #ModularBlockchain #sophon #BTC☀️ $TIA
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