Soff, the native token for entertainment-centric Layer 2 network sophones, is scheduled to make his official debut on Binance and other Tier-1 exchanges later today.
In an announcement on May 28th, Binance confirmed that Soph will be able to trade on Binance at 13:00 UTC on May 28th, 2025.
The list is an attached list of Binance Alpha, the early access section of Exchange, marking the first official appearance of the token, performing live alongside Sophone’s Token Generation Event (TGE), and showing off trends and promising Web3 projects scheduled earlier that day.
As part of the launch, Binance Alpha will be holding an exclusive AirDrop campaign. Users can use Soph Tokens using Alpha Points and bill using Binance’s reward system for early engagement on Alpha event pages.
Just 30 minutes later, Exchange’s futures platform Binance Futures will also add token support, allowing derivative traders to trade with up to 50x leverage.
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Sophon announced Toconomics ahead of the launch of Binance Alpha, confirming the total supply of 10 billion Soph tokens, set to enter the circulation at launch.
In the project, Airdrops have split into 9% of the supply, 900 million Sophs in L1 Farmers into 600 million tokens and 300 million tokens for early supporters. All airdrop tokens are completely unlocked with TGE.
The node operator receives 20% of the supply and is unlocked weekly following the 3 month cliff. Meanwhile, ecosystem reserves account for 26% of the total supply, with 42% unlocked at launch, with the remaining vesting linearly over five years.
Core contributors receive 25% of the total Soph supply, while seed investors are allocated 18%. Both assignments are locked for 12 months and last a vesting period of 2-3 years.
An additional 2% is reserved for liquidity mining incentives and is set to gradually unlock over the course of the year after the launch of the mainnet.
What is a sophone?
Sophon is an entertainment-centric layer 2 blockchain built using Zksync’s elastic chain architecture. Founded in 2024 by Sebastian. The team also includes people who played roles in AVA Labs, Token Terminals and Materials Labs, bringing experience from both blockchain and product development.
The network focuses on consumer use cases such as gaming, social media, AI, and entertainment. Use Validium technology to support faster, cheaper transactions while maintaining connections with Ethereum.
At launch, Soph is used to cover gas fees, allowing holders to participate in governance decisions. The development team plans to add utilities over time as the sophophone network and product offering grow.
Sophon has raised over $70 million through venture capital investments and node sales, and has received support from notable investors such as YZI Labs (formerly known as Binance Labs) and paper ventures.
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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
