Sophon Network has achieved a major milestone with its $SOPH token listing on both Binance Alpha and Binance Futures, following its recent mainnet launch. This dual-listing comes as the modular Layer2 solution reports over $450M in Total Value Locked (TVL) from its farming program and ecosystem partners.
The zkSync hyperchain-powered network will enable token trading starting May 23, 2025, coinciding with Binance Alpha’s planned airdrop distribution using platform points. Node holders began earning rewards in January, with full token transferability expected by Q1 2025.
Sophon’s tokenomics reveal strategic allocations across key stakeholders:
Category | Vesting Details |
---|---|
Seed Round | 12-month cliff, 24-month vesting |
Advisors | 12-month cliff, 36-month vesting |
Foundation | 12-month cliff, 36-month vesting |
Sophon Network’s Technical Architecture
Built on zkStack technology, Sophon offers a modular Layer2 solution focused on scalability and low transaction costs. The network maintains free transactions during its initial non-transferable token phase, with over 10% of SOPH tokens allocated to liquidity pools.
Binance Alpha’s Strategic Move
Binance’s experimental trading platform becomes the first to list SOPH, offering users airdrop opportunities through its points system. This follows Binance Labs’ October 2024 investment in Sophon, as detailed in their official announcement.
Binance Futures Integration
The derivatives platform will offer SOPH perpetual contracts, providing leveraged exposure to Sophon’s ecosystem. This listing complements Binance’s existing support for BEAM/ETH liquidity pools tied to Sophon’s farming programs.
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Market analysts anticipate increased institutional interest following these listings, particularly given Sophon’s backing from major investors including OKX Ventures and The Spartan Group. The dual exchange deployment could significantly improve liquidity for SOPH tokens during their vesting period phase.