Binance announced that Binance Alpha will launch and open trading for Obol (OBOL) on May 7, 2025, at 18:00 (UTC+8). In addition, the Binance contract platform will launch the OBOLUSDT perpetual contract on May 7, 2025, at 18:30 (UTC+8), with a maximum leverage of up to 50 times.
Binance is the first platform to announce the opening of Obol (OBOL) contract trading and to showcase the OBOL token on Binance Alpha. To avoid congestion on the Ethereum network, Binance recommends that users set limit orders on Binance Alpha. As a launch benefit, all eligible Binance Alpha points users will receive an airdrop of OBOL tokens within 20 minutes after trading begins. The quantity of the token airdrop will be announced on May 7, 2025.