Binance is preparing to offer investors a new option by adding the pre-listing platform Alpha and the futures market for Obol (OBOL).
The world's largest cryptocurrency exchange, Binance, continues to offer exciting new opportunities to investors. Binance Alpha, its pre-listing pool, will open trading for the new altcoin Obol (OBOL) on May 7, 2025, at 13:00 TRT. On the same day, the futures platform Binance Futures will also launch the OBOLUSDT perpetual futures contract at 13:30 TRT.
To ensure that users are not affected by the congestion on the Ethereum network, Binance advised investors to place their orders on Alpha as Limit Orders. Additionally, to celebrate the launch of OBOL, Binance will distribute an OBOL airdrop to users who exceed a certain Alpha Score level within 20 minutes after trading starts. 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 by enhancing staking security, especially on Ethereum.
The OBOLUSDT contract, which will be traded on Binance Futures, allows leverage of up to 50 times, enabling investors to develop strategies suitable for different risk profiles. Additionally, Binance's popular Multi-Assets Mode feature allows investors to use different assets like BTC as collateral.
The maximum funding rate for Binance's futures contracts is calculated every four hours and is limited to between 2.00% and -2.00%. The contract will also be available for use in Binance Futures Copy Trading service within 24 hours after its launch.
Binance also warns investors that it may make adjustments to contract terms (such as funding fees, minimum price steps, leverage, and collateral conditions) according to market risk conditions.