According to BlockBeats, on July 23, according to the official announcement, Binance updated the leverage and margin ladder of STMX/USDT U-margin perpetual contract at 15:15 (Eastern Time) on July 23, and the existing positions of users before the update will be affected. Users need to refer to the updated leverage and margin ladder to adjust the margin to avoid forced liquidation. According to Binance market data, the price of STMX fluctuated violently today, falling 30% in half an hour, and about 45% from today's high. According to the community, affected by Binance's trading rules, some users were unable to close their contract transactions at market prices during STMX price fluctuations.