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Cryptocurrency News Articles

Doodles (DOOD) token will launch on Binance

May 07, 2025 at 11:24 pm

Doodles has announced that it will launch its native token, DOOD, on May 9, 2025. Binance’s Alpha platform and Futures markets will list the token

Doodles (DOOD) token will launch on Binance

The hype is real!

Doodles is finally launching its native token, DOOD, on May 9 at 8:00 AM (UTC) with Binance.

Binance will be the first major cryptocurrency exchange to support both Alpha and Futures trading for DOOD.

traders can trade the token on Binance Alpha at 8:00 AM (UTC) on May 9. The DOODUSDT perpetual futures contracts will be available at 9:00 AM (UTC) and offer traders up to 50x leverage, with funding rates capped at +2.00% / -2.00%.

To celebrate the launch, Binance will distribute DOOD tokens via an airdrop to users who meet an Alpha Points eligibility threshold.

Within ten minutes after trading begins, qualified participants will receive their tokens. Additionally, starting May 13, Binance will implement a new Alpha Points consumption system, though the $DOOD airdrop will be exempt from this mechanism.

The post Doodles (DOOD) Token Integration on Binance Alpha and Futures Markets: A Closer Look appeared first on Benzinga.

See More: Top Cryptocurrency News

notably, 17% of the token is allocated to the project team and 5% to the company, subject to a one-year lock followed by a three-year vesting schedule.

The token will serve as the primary currency within DreamNet, a system designed for collaborative storytelling and universe building. Within this ecosystem, $DOOD will be used for character generation, world-building, governance, and value distribution. Every new character will require locking $DOOD in liquidity pools, potentially creating a deflationary effect as the ecosystem expands.

Doodles brings established partnerships with brands like McDonald’s and artists like Pharrell Williams, and in-house production capabilities through Golden Wolf studio, to its token launch.

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Other articles published on May 08, 2025