Binance Lists a New Altcoin on Alpha and Futures Trading!

Binance is preparing to add Obol (OBOL) to its pre-listing platform Alpha and futures trading market, offering investors another option.

The world's largest cryptocurrency exchange, Binance, continues to provide exciting new opportunities for investors. Binance's pre-listing pool, Binance Alpha, will open trading for the new altcoin Obol (OBOL) on May 7, 2025, at 13:00 TRT. On the same day, the futures trading platform Binance Futures will also launch the OBOLUSDT perpetual futures contract at 13:30 TRT.

To prevent users from being affected by congestion on the Ethereum network, Binance advised investors to place their orders as Limit Orders on Alpha. Additionally, to celebrate the OBOL launch, Binance will distribute an OBOL airdrop to users who exceed a certain Alpha Score level within 20 minutes after trading begins. The details of this score threshold will be announced on the trading day.

What is Obol (OBOL)?

Obol (OBOL) stands out as a blockchain project that offers distributed validators technology, making staking processes more secure and efficient. The project aims to provide its users with a decentralized and more reliable infrastructure, particularly by enhancing staking security on Ethereum.

Binance calculates the maximum funding rate for its futures contracts every four hours, with funding rates limited between 2.00% and -2.00%. The contract will also be available for use in the Binance Futures Copy Trading service within 24 hours after launch.

Binance also warns investors that it may make adjustments to contract terms (such as funding fees, minimum price increments, leverage, and collateral requirements) according to market risk conditions.