🚨 $TAC TRADERS IMPORTANT UPDATE BEFORE 19:00🚨‼️
TAC Perpetual has already adjusted its price-protection mechanism ahead of tonight’s 19:00 settlement window.
This is NOT simply an index-price issue.
The real problem is that TAC spot prices across different exchanges have become heavily distorted, creating an unusually wide spread.
⚠️ Because of this, the funding-rate cap has been slashed from ±2% to just ±0.005%.
That is a MASSIVE adjustment.
If you currently have a TAC position open, do not treat this like a normal perpetual contract tonight.
Extreme spreads + pricing protection changes can create very abnormal price behavior.
Manage leverage and risk aggressively.
$TAC
#TAC
TAC Perpetual has already adjusted its price-protection mechanism ahead of tonight’s 19:00 settlement window.
This is NOT simply an index-price issue.
The real problem is that TAC spot prices across different exchanges have become heavily distorted, creating an unusually wide spread.
⚠️ Because of this, the funding-rate cap has been slashed from ±2% to just ±0.005%.
That is a MASSIVE adjustment.
If you currently have a TAC position open, do not treat this like a normal perpetual contract tonight.
Extreme spreads + pricing protection changes can create very abnormal price behavior.
Manage leverage and risk aggressively.
$TAC
#TAC