Binance plans to adjust the calculation method for the settlement price of futures contracts on November 11

2024-11-04 21:07:22

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ChainCatcher news, according to the official announcement, Binance will adjust the calculation method of the settlement price for futures contracts on November 11, 2024, at 16:00 (UTC+8). The settlement price for futures contracts will be calculated using the average of the price index every second for the last 30 minutes before delivery (from 15:30 to 16:00 UTC+8), totaling 1,800 price indices.

Current contract settlement price calculation: The settlement price for futures contracts is currently calculated based on the average of the price index every second for the last hour before delivery (from 15:00 to 16:00 UTC+8), totaling 3,600 price indices.

New contract settlement price calculation: The new settlement price for futures contracts will be calculated based on the average of the price index every second for the last 30 minutes before delivery (from 15:30 to 16:00 UTC+8), totaling 1,800 price indices.

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Binance futures contract price index

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