Binance to End Last Price Protection Period for BULLA Perpetual Contracts

On November 10, according to an official Binance announcement, Binance Futures will end the price protection period for the BULLA/USDT USDT-margined perpetual contract at 20:30 Beijing Time, with the mark price gradually transitioning to the standard calculation method over a period of up to 3 hours.

The funding rate limits will be adjusted from ±0.005% to ±2%; when the previous funding rate settlement reaches ±2%, the settlement interval will be reduced from 4 hours to 1 hour. Trading functionality will remain unaffected during the transition, and existing orders and positions will not be cancelled.