This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance Futures will launch SOPHUSDT Perpetual Contract with up to 50x leverage at 2025-05-28 13:30 (UTC).

Binance is the first platform to feature and open trading for Sophon (SOPH) on Binance Alpha and Binance Futures.

In celebration of this launch, there is an exclusive token airdrop for eligible Binance users. Eligible users need to use Binance Alpha Points to claim their airdrop on the Binance Alpha Events Page between 2025-05-28 13:00 (UTC) and 2025-05-29 13:00 (UTC). Binance Alpha Events Page can be accessed via the Binance App using the search function, and more information on how to claim the Alpha airdrop using Binance Alpha Points can be viewed here.

More details on the SOPHUSDT Perpetual Contract can be found in the table below:

USDⓈ-M Perpetual Contract

SOPHUSDT

Launch Time

2025-05-28 13:30 (UTC)

Underlying Asset

Sophon (SOPH)

Project Information

Sophon is a consumer-focused entertainment blockchain built using the ZK Stack.

Settlement Asset

USDT

Tick Size

To be confirmed 15 minutes before the launch time

Capped Funding Rate

+2.00% / -2.00%

Funding Fee Settlement Frequency

Every Four Hours

Maximum Leverage

50x

Trading Hours

24/7

Multi-Assets Mode

Supported

Please Note: 

  • Tick size details will be updated 15 minutes before the launch time. Please refer to this announcement for the most accurate and updated information.

  • The aforementioned perpetual contract will be made available for Futures Copy Trading within 24 hours of launch. For more information on available Futures Copy Trading contracts, please refer to this FAQ.

  • The maximum funding rate of the aforementioned perpetual contract at the time of launch is +2.00% / -2.00%. 

  • The funding fee settlement frequency is every four hours.

  • Based on market risk conditions, Binance may adjust the specifications of the aforementioned Futures contract from time to time, which include the funding fee, tick size, maximum leverage, initial margin, and/or maintenance margin requirements.

  • Multi-Assets Mode allows users to trade the aforementioned perpetual contract across multiple margin assets, subject to the applicable haircuts. For example, when the Multi-Assets Mode is activated, users can use BTC as margin when trading the aforementioned perpetual contract. 

  • The aforementioned perpetual contract is subject to the Binance Terms of Use and the Binance Futures Service Agreement.

  • Futures and spot token listings are not correlated. A token listed on Binance Futures does not guarantee that it will be listed on Binance Spot.

  • In case there is a discrepancy between this announcement and any Futures FAQ, please refer to this announcement for the most accurate and updated information.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Further Information:

Thank you for your support!

Binance Team

2025-05-23

Disclaimer:

Binance Alpha features emerging digital assets which are not listed on the Binance Exchange. The labelling as an Alpha Asset do not imply that such asset will be listed on the Binance Exchange. You may lose all or part of what you invested. Please note that (i) Alpha Assets are exposed to increase price volatility, and therefore higher risks (ii) you are exposed to price slippage and blockchain fees (iii) Alpha Assets cannot be withdrawn from the Binance Exchange. Binance will not be responsible for any losses that you may incur arising from an investment in Binance Alpha Assets.