Daniel Walker
DoubleZero (2Z), the native asset of the decentralized cloud network, is preparing for a major market debut after receiving regulatory clarity in the U.S. The token will be listed on Binance Alpha, Upbit, and Bitget, coinciding with the project’s mainnet-beta launch and token generation event.
According to the project’s announcement, Binance Alpha will be the first exchange to launch 2Z trading on October 2 at 12:00 p.m. Shortly after, Binance Futures will introduce a perpetual contract for the token, allowing traders to use up to 50x leverage.
However, the listing on Binance Alpha or Binance Futures does not guarantee an immediate spot listing on Binance’s main platform. Tokens must demonstrate strong community activity and sufficient liquidity before a full listing can be considered.
In addition to Binance, Upbit and Bitget confirmed they will also open trading for the 2Z token on the same day.
Tokenomics and Circulating Supply
The listing aligns with DoubleZero’s mainnet-beta rollout, which will establish a genesis supply of 10 billion 2Z tokens. Unlike capped supply models, DoubleZero follows an inflationary framework, meaning tokens may be minted or burned depending on network requirements.
At launch, only 350–400 million tokens (about 3.5–4% of supply) will circulate, primarily through validator allocations and community airdrops. The remaining tokens will remain under multi-year vesting schedules for the team, investors, and ecosystem development.
In total, 1.28 billion tokens (12.8% of supply) are allocated for community airdrops.
SEC Approval Boosts Investor Confidence
Just days before its launch, DoubleZero secured a no-action letter from the U.S. Securities and Exchange Commission (SEC). Published on September 29, the letter confirms that the SEC’s Division of Corporation Finance will not pursue enforcement action against the distribution of 2Z tokens under the provided conditions.
DoubleZero’s legal submission explained that 2Z functions as a utility token, designed to reward contributors who provide bandwidth, routing, and compute resources, rather than as a speculative investment.
Such regulatory clarity from a major U.S. regulator is expected to bolster market sentiment, giving investors greater confidence in 2Z’s legal foundation and long-term prospects.
What is DoubleZero?
DoubleZero is a decentralized cloud infrastructure protocol operating within the DePin sector. Its goal is to build a global, permissionless edge network that delivers bandwidth, routing, and hardware-accelerated compute power to blockchain validators and decentralized applications.
The network will rely on nodes deployed across major cities worldwide, enabling a robust and distributed system.
Its 2Z token underpins the ecosystem, serving as a medium for staking, governance, payments for network resources, and rewards for contributors.
Backed by leading investors such as Dragonfly Capital, Multicoin Capital, Foundation Capital, Reciprocal Ventures, Ubik Capital, and Borderless Capital, DoubleZero also counts Jump Crypto and Malbec Labs among its ecosystem partners.
