Binance Announces Upcoming Listing of Obol (OBOL) on Binance Alpha and Binance Futures
Sadiqabad, Pakistan – May 3, 2025 – Binance is pleased to announce the upcoming listing of Obol (OBOL) for trading on its Binance Alpha platform, commencing on May 7, 2025, at 10:00 (UTC). Furthermore, Binance Futures will introduce the OBOLUSDT Perpetual Contract at 10:30 (UTC) on the same day, offering users leverage of up to 50x.
Binance will be the first platform to facilitate the trading of Obol (OBOL) on both its Alpha and Futures platforms. To mitigate potential Ethereum network congestion, users are advised to utilize Limit Orders on Binance Alpha for their trades.
In conjunction with this listing, Binance will conduct an OBOL airdrop for users who meet a specified Binance Alpha Points threshold. Details regarding this threshold will be announced on May 7, 2025, and eligible users will receive their airdrop within 20 minutes following the commencement of trading.
Key details regarding the OBOLUSDT Perpetual Contract are outlined below:
| Feature | Specification |
|---|---|
| Contract Type | USDⓈ-M Perpetual |
| Trading Pair | OBOLUSDT |
| Launch Time | May 7, 2025, 10:30 (UTC) |
| Underlying Asset | Obol (OBOL) |
| Project Information | Staking made secure and performant with distributed validators on the Obol Stack. |
| Settlement Asset | USDT |
| Capped Funding Rate | +2.00% / -2.00% |
| Funding Fee Frequency | Every Four Hours |
| Maximum Leverage | 50x |
| Trading Hours | 24/7 |
| Multi-Assets Mode | Supported |
Please Note:
* The OBOLUSDT Perpetual Contract will be available for Futures Copy Trading within 24 hours of its launch. Further information on available contracts can be found in the Binance Futures Copy Trading FAQ.
* The maximum funding rate for the OBOLUSDT Perpetual Contract at launch will be +2.00% / -2.00%, with funding fee settlements occurring every four hours.
* Binance reserves the right to adjust the specifications of the Futures contract, including funding fees, tick size, maximum leverage, initial margin, and maintenance margin requirements, based on market risk conditions.
* Multi-Assets Mode enables users to utilize various margin assets, subject to applicable haircuts, for trading the OBOLUSDT Perpetual Contract. For instance, users can employ BTC as margin when this mode is active.
* Trading of the aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.
* It is important to note that spot token listings and futures contract listings are independent. The listing of Obol (OBOL) on Binance Futures does not guarantee its listing on Binance Spot.
* In the event of discrepancies between the English version of this announcement and any translations, the English version shall prevail.
For further information, please refer to the following resources:
* [Trading Rules of USDⓈ-M Futures Contracts](link to Binance Futures Trading Rules)
* [Leverage and Margin of USDⓈ-M Futures Contracts](link to Binance Futures Leverage and Margin)
* [Binance Futures Fee Structure](link to Binance Futures Fee Structure)
* [How to Select Trading Pairs](link to Binance Futures Trading Pairs Guide)
* [Funding Rate History](link to Binance Futures Funding Rate History)
* [Mark Price and Price Index](link to Binance Futures Mark Price and Price Index)
* [Multi-Assets Mode](link to Binance Futures Multi-Assets Mode)
Thank you for your continued
support.
Binance Team
May 3, 2025$BTC
