This is a general announcement from the Binance exchange. The products and services mentioned here may not be available in your region.

Dear user:

Binance Futures will end the Latest Price Protection (LPP) cycle for the TACUSDT USDⓈ-margined perpetual contract at 2026-09-07 14:00 (UTC+8), and will gradually transition from LPP to the standard mark price calculation mode. The transition period may last up to 3 hours, depending on price volatility and the stability of the index price. During the transition, to minimize the impact of sudden price fluctuations and better ensure price stability during the switch, the LPP mechanism will gradually switch to the mark price smoothing mode. During the transition, trading functions will not be affected, and open orders and positions will not be canceled.

About Mark Price:

Mark Price after LPP Ends

The mark price after the LPP period transition for this contract is calculated as follows:

Mark Price = Median (Price 1, Price 2, Contract Price)

Note: Please refer to Introduction to U-Margined Contract Mark Price and Price Index for the formulas of Price 1 and Price 2.

About Funding Rate:

Funding Rate after LPP Ends

After LPP ends, the funding rate will follow the standard contract's funding rate rules. Starting from 2026-09-07 14:00 (UTC+8), the upper and lower limits of the funding rate for this contract will be adjusted from +0.005% / -0.005% to +2.00% / -2.00%.

The specific adjustments are as follows:

Time (UTC+8)

Funding Rate Upper/Lower Limits

2026-09-07 12:00

+0.005% / -0.005%

2026-09-07 16:00

+2.000% / -2.000%

2026-09-07 20:00

+2.000% / -2.000%

2026-09-08 00:00

+2.000% / -2.000%

…

...

When the funding rate of this contract reaches the upper/lower limit at the previous settlement, Binance Contracts will adjust the funding rate interval from once every four hours to once every hour.

Note:

  • This exchange announcement is issued pursuant to Article 17 of the Binance Exchange Rules.

  • Binance reserves the right to determine and adjust the components and weights of the index price. Users can visit this page to view the latest components and weights of the index price.

  • Depending on market risk conditions, Binance may adjust the above contract parameters, including important parameters such as funding rate, minimum tick size, maximum leverage, initial margin, and maintenance margin. Please refer to the Trading Rules for the latest adjustment information;

  • There may be discrepancies between the English original announcement and translated versions. In the event of any discrepancy, please refer to the English original for the latest or most accurate information.

Explanation:

Thank you for your support of Binance!

Binance Team

September 7, 2026