SOPH, the native token of the entertainment-focused Layer 2 network Sophon, is making its debut on leading cryptocurrency exchanges today. The listing will coincide with a Token Generation Event (TGE) and airdrop campaign on Binance’s platform, offering users a chance to claim tokens through a dedicated program. 900 million SOPH tokens are being allocated for this initial airdrop. 17.5% of the total supply is reserved for circulation at launch, with the rest distributed across various aspects of the network. The project’s team has shared details on tokenomics ahead of the launch. Binance Futures will also support trading of Sophon tokens with up to 50x leverage. Sophon utilizes zkSync’s Elastic Chain architecture and aims to provide faster, cheaper transactions for entertainment-focused applications. SOPH will be used as payment for gas fees, granting holders governance rights on the platform.