MEXC Lists Obol (OBOL) for Trading, Offers 89,000 USDT Prize Pool

Coin WorldWednesday, May 7, 2025 7:23 am ET
1min read

MEXC, a prominent cryptocurrency exchange, has announced the listing of Obol (OBOL) for spot, margin, and perpetual contract trading. The exchange has also launched an Airdrop+ event to celebrate the listing, offering a total prize pool of 89,000 USDT.

The Obol (OBOL) perpetual contract was launched at 18:35 (UTC+8) on May 7th, 2025, with support for 1-50x leverage in both cross-margin and isolated margin modes. This feature allows traders to switch between long and short positions with a single click, providing a seamless and efficient trading experience. The launch of the OBOL perpetual contract is expected to attract a significant number of traders looking to capitalize on the volatility of the OBOL token.

In addition to the perpetual contract,

also launched the OBOL/USDT trading pair in the Innovation Zone at 19:00 (UTC+8) on the same day. The OBOL/USDC trading pair was opened at 19:20, providing traders with more options for trading the OBOL token. At 20:00 (UTC+8), the OBOL flash swap function was launched, allowing for seamless and instant exchange between OBOL and other assets.

The Airdrop+ event, which began on May 7th, 2025, and will end on May 16th, 2025, at 18:00 (UTC+8), offers users the chance to win a share of the 89,000 USDT prize pool. The event is designed to incentivize users to trade OBOL on the MEXC exchange and to promote the adoption of the OBOL token.

This move by MEXC is expected to boost the liquidity and trading volume of the OBOL token, as well as to attract more users to the exchange. The launch of the OBOL perpetual contract and the Airdrop+ event are part of MEXC's ongoing efforts to expand its offerings and to provide its users with more trading opportunities. The exchange has been actively listing new tokens and launching innovative features to stay competitive in the rapidly evolving cryptocurrency market.

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