Binance to End the Latest Price Protection Period for the BULLA Perpetual Contract

TechFlow reported on November 10 that, according to the official Binance announcement, Binance Futures will end the Latest Price Protection Period for the BULLAUSDT USDT-margined perpetual contract at 20:30 Beijing Time. The mark price will gradually transition to the standard calculation method, and the transition may last up to 3 hours.

The funding rate upper and lower limits will be adjusted from ±0.005% to ±2%. When the previous funding rate settlement reaches ±2%, the settlement interval will be adjusted from 4 hours to 1 hour. During the transition, trading functions will remain unaffected, and existing orders and positions will not be canceled.

Source: TechFlow