Back

Binance Alpha to List Reservoir (DAM) with Spot and Contract Trading Launch

According to Binance Alpha, Reservoir (DAM) spot trading opens August 18, 2025, at 19:00 UTC+8, followed by contract trading at 20:30 UTC+8, alongside a timed first-come token airdrop for eligible users.

Fact Check
The statement is directly and consistently confirmed by multiple official announcements from Binance's website, its 'Square' platform, and its official Binance Futures social media account. The evidence specifies that Binance Alpha will list Reservoir (DAM) for spot trading, and Binance Futures will launch a DAM perpetual contract, with both events scheduled for August 18, 2025. This information is also corroborated by multiple independent crypto news outlets.
    Reference: 123
Summary

According to an official announcement, Binance Alpha will list Reservoir (DAM) on August 18, 2025, with spot trading starting at 19:00 UTC+8 and contract trading at 20:30 UTC+8. Users with at least 200 Alpha points can claim 320 DAM tokens on a first-come, first-served basis, with the minimum points threshold dropping by 15 each hour if the event remains open. Claiming the reward requires 15 points and confirmation within 24 hours on the Alpha Events page, or the allocation will be forfeited.

Terms & Concepts
  • Spot Trading: The purchase or sale of a cryptocurrency for immediate delivery on a specific date, typically at the current market price.
  • Contract Trading: A derivatives trading method where parties agree to buy or sell an asset under specific terms, often referring to futures or perpetual contracts.
  • Airdrop: A distribution of free cryptocurrency tokens to users, often used as a promotional tool or reward for participation.