Binance Labs-backed Sophon to debut on major exchanges today, 900m tokens set for airdrop

Binance Labs-backed Sophon to debut on major exchanges today, 900m tokens set for airdrop


SOPH, the native token of the layer of layer 2 focused on Sophon entertainment, should make its official debut on Binance and other level 1 exchanges later.

In a May 28 announcementBinance confirmed that SOP is available to negotiate on Binance on May 28, 2025, at 1:00 p.m. UTC.

The list will mark the first official appearance of the Token and will be broadcast alongside the generation event of sophon tokens (TGE), and an accompanied list on Binance AlphaThe exchange access section which presents trendy and promising web3 projects planned earlier for the day.

As part of the launch, Binance Alpha will organize an exclusive air campaign. Users can claim soph tokens using their alpha points, the Binance reward system for early commitment on the Alpha event page, which will be published on the same day, as well as the rules of activity.

Barely 30 minutes later, the exchange platform of the exchange, Binance Futures, will also add the support of the token, allowing merchants derivatives to negotiate with a lever effect up to 50x.

Sophon revealed his tokenomics Before its launch of Binance Alpha, confirming a total capped offer of 10 billion Soph tokens, with 17.5% to enter the launch.

The project allocates 9% of the supply, 900 million soph, for Airdrops, are divided between 600 million tokens for farmers L1 and 300 million for the first supporters. All air tokens will be completely unlocked at the TGE.

Node operators will receive 20% of the offer, subject to a three -month cliff, followed by weekly unlocks. Meanwhile, the ecosystem reserve will represent 26% of the total offer, with 42% unlocked at the launch and the rest acquired from linear over a period of five years.

Basic contributors will receive 25% of the Total SOPS supply, while investors in seeds have been allocated to 18%. The two allowances are locked for 12 months, followed by an acquisition period of two to three years.

An additional 2% is reserved for liquidity exploration incentives, to be gradually unlocking during the year following the launch of Mainnet.

What is Sophon?

Sophon is a layer 2 blockchain focused on built entertainment using the architecture of the Zksync elastic chain. It was founded in 2024 by Sébastien, who previously worked at the head of Defi at Matter Labs. The team also includes people who have held posts in Ava Labs, Token Terminal and Matter Labs, providing blockchain experience and product development.

The network focuses on consumer -oriented use cases such as games, social media, AI and entertainment. It uses validium technology to support faster and cheaper transactions while remaining connected to Ethereum.

When launching, SOPs will be used to cover gas costs and will allow holders to participate in governance decisions. The development team plans to add more public services over time as the Sophon network and product offers are developing.

Sophon has raised more than $ 70 million thanks to venture capital investments and a sale of nodes, with support from eminent investors, notably Yzi Labs (formerly known as Binance Labs) and Paper Ventures, among others.

Disclosure: This article does not represent investment advice. The content and equipment presented on this page are only for educational purposes.

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