🚀 🔥 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)

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🚀 Ethereum Foundation Establishes DeFi Team to Support New Protocol Development

The Ethereum Foundation has announced the formation of a new DeFi team under App Relations to support the development of protocols aligned with the 'DeFipunk' philosophy. According to ChainCatcher, the team has appointed Charles St. Louis, former CEO of DELV and ex-MakerDAO governance architect, as the DeFi protocol expert. Ivan, co-founder of Gearbox Protocol, will serve as the DeFi coordinator.

The team emphasizes the importance of maintaining permissionless, censorship-resistant, privacy-first, self-custody, and open-source principles within DeFi. They plan to provide research support, networking opportunities, and ecosystem showcases for related projects. Additionally, the team will collaborate with the Privacy Cluster, which was reorganized last year, to advance areas such as user-controlled AI, high-throughput on-chain futures, futarchy DAO, and ZK private credit lending.

#EthereumFoundation #DeFi #DeFipunk #CharlesStLouis #Ivan #GearboxProtocol #DELV #MakerDAO #privacyfirst #selfcustody #open-source #researchsupport #ecosystemshowcases #ZKprivatecreditlending #futarchyDAO #AI #on-chainfutures #permissionless #censorshipresistant #ETH