Binance to Launch Obol (OBOL) on Binance Alpha and Futures Trading with 50x Leverage
Binance News
May 3
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Binance’s verified official account
Binance has announced the upcoming listing of Obol (OBOL) on both its Alpha Market and Futures platforms, with trading scheduled to begin on May 7. The move marks Binance as the first platform to support Alpha and derivatives trading for the token.
According to the official announcement, spot trading for OBOL on Binance Alpha will open at 10:00 UTC on May 7, followed by the launch of the OBOLUSDT Perpetual Contract at 10:30 UTC on the same day. The futures contract will support up to 50x leverage and will be settled in USDT.
Key Details: OBOL Spot and Futures Launch
Token: Obol (OBOL)
Spot Trading Launch (Alpha): May 7, 2025, 10:00 UTC
Futures Contract Launch: OBOLUSDT at 10:30 UTC
Maximum Leverage: 50x
Funding Fee Limit: ±2.00%
Funding Fee Frequency: Every four hours
Supported Trading Modes: Multi-Asset Mode
Project Base: Distributed staking infrastructure with a focus on secure validator performance using the Obol Stack
Binance notes that in order to avoid Ethereum network congestion, users are encouraged to place Limit Orders on Binance Alpha.
OBOL Airdrop for Alpha Traders
To celebrate the launch, Binance will airdrop OBOL tokens to users who meet a certain Alpha Point threshold, which will be announced on May 7. Eligible users will receive their tokens within 20 minutes after trading opens.
Futures Trading Overview
OBOLUSDT Perpetual Contract will be available for trading 24/7 and will support Binance’s Futures Copy Trading feature within 24 hours of its launch. It will also be compatible with Binance’s Multi-Asset Mode, allowing users to collateralize trades with other assets such as BTC.
