Obol (OBOL) to Launch on Binance Alpha and Binance Futures

Note: Products and services mentioned may not be available in all regions.

Dear Binancians,

We’re thrilled to announce that trading for Obol (OBOL) will go live on Binance Alpha starting 2025-05-07 at 10:00 (UTC). Additionally, Binance Futures will introduce the OBOLUSDT Perpetual Contract with leverage of up to 50x at 10:30 (UTC) on the same day.

Binance is proud to be the first platform to list Obol (OBOL) on both Alpha and Futures. To minimize potential congestion on the Ethereum network, we recommend using Limit Orders when trading on Binance Alpha.

To celebrate this launch, users who meet the required Binance Alpha Points threshold will receive an OBOL airdrop within 20 minutes of trading commencement. The exact threshold will be revealed on 2025-05-07.

OBOLUSDT Perpetual Contract Details:

Launch Time: 2025-05-07 10:30 (UTC)

Underlying Asset: Obol (OBOL)

Settlement Asset: USDT

Max Leverage: 50x

Trading Hours: 24/7

Multi-Assets Mode: Supported

Funding Rate Cap: +2.00% / -2.00%

Funding Fee Settlement: Every 4 hours

Key Notes:

This perpetual contract will be available for Futures Copy Trading within 24 hours of its launch.

Binance reserves the right to adjust contract specs such as leverage, margins, and funding rates in response to market conditions.

Multi-Assets Mode allows trading using different margin assets like BTC, subject to applicable adjustments.

All trading is subject to Binance’s Terms of Use and Futures Service Agreement.

Listing on Futures does not guarantee a listing on Binance Spot.

For full details, please refer to:

[USDⓈ-M Futures Trading Rules]

[Leverage and Margin Guide]

[Futures Fee Structure]

[How to Select Pairs]

[Funding Rate History]

[Mark Price & Index Info]

[Multi-Assets Mode Guide]

Thank you for choosing Binance!

The Binance Team

2025-05-03