Binance is preparing to host its 15th exclusive Token Generation Event (TGE) in partnership with MYX Finance on PancakeSwap.
The subscription period for this event will take place on May 6, 2025, from 8 AM to 10 AM (UTC).
Eligibility criteria for participation will be announced before the subscription window. Additionally, 40,000,000 $MYX tokens will be allocated for future marketing campaigns, with further details to be disclosed later.
Join the 15th Exclusive TGE on #Binance Wallet with @MYX_Finance via @PancakeSwap.
🗓️ Subscription: May 6, 2025 from 8AM to 10AM (UTC)
📜 Eligibility details will be announced before subscriptions open.
🎁 Additional 40,000,000 $MYX will be allocated to future marketing… pic.twitter.com/zAv4cSIImw— Binance Wallet (@BinanceWallet) May 5, 2025
In another major development, Binance announced that it would list Obol (OBOL) on its Alpha and Futures platforms starting May 7, 2025, becoming the first exchange to support the token across both markets. The launch includes the OBOLUSDT Perpetual Contract with up to 50x leverage available from 10:30 AM UTC. To reduce Ethereum network congestion, Binance advises users to place Limit Orders on Alpha. A special promotion will also offer an OBOL airdrop to Alpha users who meet specific criteria disclosed on the launch date.
Obol, a distributed validator project with over $1 billion secured on its mainnet, is adopted by platforms like Lido. The OBOLUSDT Perpetual Contract will be settled in USDT, with 24/7 trading and a capped funding rate of +2.00% / -2.00%. Binance offers a multi-asset mode for trading using various assets, including Bitcoin, as a margin. Futures Copy Trading options will be introduced within 24 hours of launch, allowing users to replicate successful strategies. Binance warns that contract specifications, including funding fees and leverage, may change based on market conditions for better risk management.
However, alongside the addition of OBOL, Binance will also delist Alpaca Finance (ALPACA), PlayDapp (PDA), Viberate (VIB), and Wing Finance (WING) on May 2 at 03:00 UTC, following a routine review of these tokens’ compliance, liquidity, and security. In line with this, all open spot orders for these tokens will be cancelled to maintain platform integrity and protect users.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
