TLDR
- Swarm Network’s TRUTH token will debut on Binance Alpha on October 1.
- The token will also be listed on Binance Futures just 30 minutes later.
- TRUTH/USDT perpetual contracts will be available on Binance Futures with up to 50× leverage.
- Binance will conduct an airdrop for eligible users based on accumulated Alpha Points.
- The total supply of TRUTH is set at 10 billion tokens, with a portion reserved for airdrops and liquidity.
Swarm Network’s native token, TRUTH, will debut on Binance Alpha and Binance Futures on October 1. Binance Alpha will feature the TRUTH token first, followed by its listing on Binance Futures just 30 minutes later. The TRUTH token, backed by Sui, will allow traders to speculate on TRUTH/USDT perpetual contracts.
Binance Alpha to launch TRUTH token on Oct. 1
Binance Alpha will be the first platform to list TRUTH, with trading beginning at 12:00 p.m. UTC on October 1. This platform, a spotlight section within Binance, will give early access to investors. The token’s debut on Binance Alpha offers a chance for users to engage in trading before the broader listing.
As the listing progresses, TRUTH tokens will be available for spot trading on Binance Alpha. This listing is significant as it provides exposure to the token within the Binance ecosystem. Binance Alpha serves as a testing ground, where tokens gain attention before a possible main exchange listing.
TRUTH to list on Binance Futures with up to 50× leverage
Binance Futures will list TRUTH just 30 minutes after its debut on Binance Alpha. Traders will have the opportunity to trade TRUTH/USDT perpetual contracts with leverage up to 50×. The futures listing allows investors to speculate on the token’s price movement in a more flexible environment.
The TRUTH futures listing is expected to attract significant trading activity. This will enable market participants to take advantage of potential price fluctuations. As a result, Binance Futures will be a key platform for those who seek higher leverage trading options.
In conjunction with the token’s listing, Binance has announced an airdrop for eligible users of Binance Alpha. The airdrop will be based on the Alpha Points users have accumulated by participating in events. The exact amount of tokens to be airdropped remains undisclosed.
Binance Alpha participants who earned Alpha Points through various activities will receive TRUTH tokens. This airdrop incentivizes user engagement within the Binance Alpha ecosystem. By rewarding users who have supported the platform, Binance strengthens its community and promotes the new token.
Sui and Investors Back Swarm Network’s Growth
Swarm Network’s TRUTH token will have a total supply of 10 billion tokens, according to its tokenomics. Of this, 20.85% is expected to circulate at launch, while the rest will be subject to vesting. Notably, 200 million tokens, or 2%, are earmarked for airdrops to users.
Additionally, 700 million tokens are allocated to exchanges and launchpads, while 500 million are reserved for liquidity. Swarm Network has set aside 30% of the total supply for Agent Licenses. This mechanism is key to incentivizing participation in Swarm’s agentic AI ecosystem.
Founded in 2024, Swarm Network uses AI agents to verify off-chain data and record it on-chain. By leveraging decentralized collaboration and cryptographic proofs, Swarm provides a trust layer for data. Its ecosystem will be powered by the TRUTH token, fueling governance, staking, and rewards for participants.
Sui, Ghaf Capital, Y2Z Ventures, Brinc, and Zerostage back Swarm Network. With $13 million in funding, the project is poised for growth in the decentralized AI space.
