Binance to Launch Orochi (ON) Trading on Binance Alpha and Binance Futures With 50x Leverage

Key TakeawaysOrochi (ON) trading launches on Binance Alpha on October 24, 2025, at 08:00 (UTC).ONUSDT Perpetual Contract to go live on Binance Futures 30 minutes later with up to 50x leverage.Binance Alpha users can join an exclusive ON airdrop event between October 24–25 using Alpha Points.Orochi (ON) Launches on Binance Alpha and Binance FuturesBinance will be the first global platform to feature Orochi (ON), enabling trading on Binance Alpha starting October 24, 2025, at 08:00 (UTC).Following this, Binance Futures will open trading for the ONUSDT Perpetual Contract at 08:30 (UTC), offering leverage of up to 50x. The new listing reinforces Binance’s commitment to supporting emerging infrastructure projects advancing blockchain data integrity and computation.Orochi Network: Advancing Verifiable Data InfrastructureOrochi Network is a verifiable data infrastructure project that leverages advanced cryptographic technologies to ensure data integrity, privacy, and trusted computation without revealing sensitive information.The project aims to enhance secure data interactions across decentralized systems — a critical foundation for next-generation Web3 applications.Exclusive Airdrop for Binance Alpha UsersTo celebrate the launch, Binance Alpha users can claim a special Orochi (ON) token airdrop between October 24, 08:00 (UTC) and October 25, 08:00 (UTC).Eligible users must use Binance Alpha Points to participate via the Binance Alpha Events Page, accessible directly through the Binance App.Additional details on claiming and airdrop mechanics can be found on the Alpha Events Page.ONUSDT Perpetual Contract DetailsParameterDetailsContractONUSDT (USDⓈ-M Perpetual)Launch Time2025-10-24 08:30 (UTC)Underlying AssetOrochi (ON)Settlement AssetUSDTMaximum Leverage50xFunding Fee SettlementEvery 4 hoursCapped Funding Rate+2.00% / -2.00%Trading Hours24/7Multi-Assets ModeSupported (e.g., BTC as margin)