Updates on Order Price Cap/Floor Ratio for Multiple USDⓈ-M Perpetual Futures Contracts (2025-04-02)

Published on 2025-04-01 08:30

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

In order to increase market liquidity and improve users’ trading experience, Binance will adjust the order price cap/floor ratio for the following USDⓈ-M Perpetual Futures Contracts from 2025-04-02 06:00 (UTC). The update will be completed within approximately one hour.

Specific adjustment details are as follows:

Trading Pair

Limit Order Price Cap / Floor Ratio

Market Order Price Cap / Floor Ratio

Before Adjustment

After Adjustment

Before Adjustment

After Adjustment

SIRENUSDT Perpetual

15%

50%

15%

50%

BROCCOLIF3BUSDT Perpetual

15%

50%

15%

50%

PLUMEUSDT Perpetual

15%

50%

15%

50%

WALUSDT Perpetual

15%

50%

15%

50%

VIRTUALUSDT Perpetual

15%

50%

15%

50%

1000WHYUSDT Perpetual

15%

50%

15%

50%

Please Note: 

  • Order price cap/floor ratio sets price ceilings for buy orders and price floors for sell orders. Buy or sell orders may expire or be partially filled due to the order price cap/floor ratio, which is prevalent in extremely illiquid market conditions.

  • In the event of extreme price movements, users’ orders may be executed at an undesirable price.

  • The Price Protection function will prevent the stop-loss or take-profit order from being triggered in extreme market scenarios where the Last price and the Mark Price of a Futures contract exceeds a predetermined threshold, this is to avoid unexpected trigger price. Please be noted that Price Protection is enabled by default. Users can enable or disable the Price Protection function for individual orders from the trading interface. For more details, please refer to How to Enable the Futures Price Protection Function.

  • Users may refer to the Trading Rules for more details and adjust their trading strategies according to the aforementioned changes to avoid unnecessary impact on trading.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

For More Information:

Thank you for your support!

Binance Team

2025-04-01

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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