Sui-backed Swarm Network (TRUTH) to debut on Binance Alpha and futures on Oct. 1

TRUTH, the native token of the Agentic AI platform Swarm Network, is set to be listed on Binance Alpha and Binance Futures on Oct. 1.

Binance Alpha, a spotlight section within the main Binance exchange, will be the first platform to feature the TRUTH token, with trading starting on Oct. 1 at 12:00 p.m. UTC.

Just 30 minutes later, it will be added to Binance Futures, allowing traders to speculate on TRUTH/USDT perpetual contracts with up to 50× leverage.

It should be noted that a listing on Binance Alpha or Binance Futures, or both, does not automatically guarantee a spot listing on the main exchange. However, tokens that perform well on these platforms and generate significant investor demand could potentially secure a spot listing on the main platform.

As part of the listings, Binance also revealed a TRUTH airdrop for eligible users based on the Alpha Points they’ve accumulated by participating in Binance Alpha events and campaigns. The total amount of tokens to be airdropped was not revealed at the time of writing.

According to its published tokenomics, the TGE will establish the total supply of TRUTH at 10 billion tokens, with around 20.85% of the supply expected to circulate at launch, with the rest subject to vesting schedules and lockups.

Out of the total, 2% of the max supply, or 200 million TRUTH tokens, are earmarked for airdrops. In addition, 700 million tokens have been allocated to exchanges and launchpads, and 500 million tokens are reserved for liquidity and market-making.

30% of the total supply is allocated to Agent Licenses, a mechanism that anchors participation in Swarm’s agentic AI ecosystem, while 25% is allocated to community reserves and the DAO treasury.

Other allocations include 10% for the Swarm team, 3% for advisors, and 8% for seed investors, while the rest is reserved for ecosystem incubation, to be unlocked gradually over four years.

Swarm Network is an Agentic AI protocol that coordinates autonomous multi-agent systems to transform off-chain data into verifiable on-chain truth. By combining AI agents, cryptographic proofs, and decentralized collaboration, it provides a trust layer for digital and physical data.

Founded in 2024, the project developed the Truth Protocol, which enables agent swarms to validate information and record reliable outcomes on-chain. Developers can scale these swarms using no-code tools, while Agent Licenses allow participants to operate agents and earn rewards for contributing to the network’s data-validation economy.

Its native token, TRUTH, will power the ecosystem through governance, staking, transaction fees, agent operations, and community incentives.

The project is backed by Sui, Ghaf Capital, Y2Z Ventures, Brinc, and Zerostage, with funding rounds totaling $13 million in 2025 through strategic investment and NFT agent license sales.