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Updates on Tick Size for Multiple USDⓈ-M Perpetual Futures Contracts (2023-06-05)

Updates on Tick Size for Multiple USDⓈ-M Perpetual Futures Contracts (2023-06-05)

2023-05-26 09:22

Fellow Binancians,

In order to increase market liquidity and improve your trading experience, Binance will adjust the tick size (i.e., the minimum change in the unit price) of the following USDⓈ-M perpetual futures contracts at 2023-06-05 06:30 (UTC).

  • The adjustment will not impact USDⓈ-M futures trading operations. 

  • Tick size via API will also change. API users may use GET /fapi/v1/exchangeInfo to find the latest tick size of USDⓈ-M perpetual futures contracts. For further details and updates, please refer to our full API Changelog.

  • The tick size update will not affect existing orders. After the tick size is updated, orders placed before the update will be matched with the original tick size.

The specific adjustment details are as follows:

Contract Type

Trading Pair

Before

After

USDⓈ-M Futures

SUSHIUSDT

0.001

0.0001

USDⓈ-M Futures

1000LUNCBUSD

0.0001

0.00001

USDⓈ-M Futures

1000LUNCUSDT

0.0001

0.00001

USDⓈ-M Futures

OMGUSDT

0.001

0.0001

Notes: 

  • Please refer to Trading Rules for more details and adjust your trading strategy according to the change to avoid unnecessary impact on your trading.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-05-26

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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.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.