Tag: Exchanges

Binance to Adjust Tick Sizes for USDⓈ-M Perpetual Futures Contracts

Binance announced it will adjust the tick size, the minimum price fluctuation for a trading pair, on several USDⓈ-M Perpetual Futures Contracts. The changes are scheduled to take effect on specific dates in July 2026, aiming to enhance market liquidity and improve the user trading experience.

Tick Size Adjustments

The adjustments will be rolled out in phases. On July 7, 2026, at 06:30 UTC, the tick size for GUAUSDT and YBUSDT will change from 0.0001 to 0.00001. BIGTIMEUSDT will see its tick size decrease from 0.00001 to 0.000001, while FILUSDC will move from 0.001 to 0.0001. PUNDIXUSDT’s tick size will be adjusted from 0.0001 to 0.00001. SYNUSDT’s tick size will be adjusted from 0.00001 to 0.0001.

The following day, July 8, 2026, will see further adjustments. At 06:30 UTC, FILUSDT’s tick size will be reduced from 0.001 to 0.0001. Later that morning, at 06:40 UTC, MANAUSDT’s tick size will be adjusted from 0.0001 to 0.00001. At 06:50 UTC, QTUMUSDT’s tick size will change from 0.001 to 0.0001. Subsequently, at 07:00 UTC, 1INCHUSDT’s tick size will be adjusted from 0.0001 to 0.00001. At 07:10 UTC, IOSTUSDT’s tick size will decrease from 0.000001 to 0.0000001. Finally, at 07:20 UTC, STORJUSDT’s tick size will be adjusted from 0.0001 to 0.00001.

Trading Suspension for Specific Contracts

The tick size adjustments will not impact trading operations for most USDⓈ-M Futures contracts. However, the trading function for FILUSDT, MANAUSDT, QTUMUSDT, 1INCHUSDT, IOSTUSDT, and STORJUSDT Perpetual Futures Contracts will be temporarily suspended.

The USDⓈ-M FILUSDT Perpetual Futures Contract will be suspended from 06:30 UTC to 06:31 UTC on July 8, 2026. The USDⓈ-M MANAUSDT Perpetual Futures Contract suspension will occur from 06:40 UTC to 06:41 UTC on the same day. For the USDⓈ-M QTUMUSDT Perpetual Futures Contract, trading will be suspended from 06:50 UTC to 06:51 UTC. The USDⓈ-M 1INCHUSDT Perpetual Futures Contract will be suspended from 07:00 UTC to 07:01 UTC. The USDⓈ-M IOSTUSDT Perpetual Futures Contract suspension is scheduled from 07:10 UTC to 07:11 UTC. Lastly, the USDⓈ-M STORJUSDT Perpetual Futures Contract will be suspended from 07:20 UTC to 07:21 UTC.

During these brief suspension periods, users will be unable to place new orders or cancel and modify existing ones for the affected contracts. The trading status of these contracts will change from “TRADING” to “PENDING_TRADING.” API users can query the latest status using the GET /fapi/v1/exchangeInfo endpoint.

API and Order Impact

The tick size changes will also be reflected in API data. API users can retrieve the most current tick size information via the GET /fapi/v1/exchangeInfo endpoint. Further details and updates will be available in Binance’s API Changelog.

Crucially, these tick size updates will not affect existing orders. Orders placed before the adjustment will continue to be matched using the original tick size.

This information is provided as a Notice under Binance Exchange Rule 17. Traders are advised to consult the Trading Parameters for comprehensive details and to adjust their trading strategies accordingly to mitigate any potential impact.

Bybit Launches New Perpetual Contract for CrowdStrike Holdings

Cryptocurrency exchange Bybit has announced the listing of a new perpetual contract for CrowdStrike Holdings Inc. (CRWD), now available for trading against Tether (USDT). The CRWDUSDT Perpetual Contract allows traders to speculate on the price movements of CrowdStrike’s stock with up to 20x leverage.

The new contract is also accessible through Bybit’s suite of Futures bots, including Futures Grid, Futures Martingale, and Futures Combo, offering automated trading strategies for users.

Key details of the CRWDUSDT Perpetual Contract include:

• Underlying Asset: CrowdStrike Holdings Inc. (CRWD)
• Settlement Asset: USDT
• Tick Size: 0.01
• Maximum Leverage: 20x
• Capped Funding Rate: 2.5%
• Funding Fee Settlement Interval: Every 8 hours
• Trading Hours: 24/7

CrowdStrike Holdings Inc. is a leader in cloud-native cybersecurity solutions. The company’s official website can be found at https://www.crowdstrike.com/.

Binance Stocks to Expand Trading Options with Whole-Share Orders

Binance is set to enhance its Binance Stocks offering by enabling users to place whole-share limit orders for BSP stocks during regular trading hours, beginning July 1, 2026, at 09:05 UTC. This move aims to broaden trading choices and improve the user experience on the platform.

IPO Trading Dynamics and Price Discovery

In anticipation of the initial public offering (IPO) of BSP stocks, Binance notes that the opening price on Nasdaq is not expected at the typical 13:30 UTC. Historical data from high-profile IPOs on Nasdaq indicates that the price discovery phase can extend for several hours. During this period, orders will be queued and will only be executed once the market officially opens for BSP trading.

The opening cross is the mechanism by which an exchange, such as Nasdaq, matches buy and sell orders to establish the initial public trading price of a security.

Limit Up Limit Down (LULD) and Trading Halts

The Limit Up Limit Down (LULD) bands will be applicable to all National Market System (NMS) stocks, including IPOs. If a stock’s price moves beyond these LULD bands, trading will be temporarily paused. Regular trading for BSP will only resume after Nasdaq lifts any trading halt. During a halt, new orders cannot be placed. Market orders that are pending will be canceled, while pending limit orders will remain active.

Broker Restrictions and Securities Lending

Partnered brokers may implement net buy restrictions or caps. In such scenarios, new buy orders could be rejected or blocked, although risk-reducing sell orders might still be permitted, contingent on the specific controls in place.

Fully Paid Securities Lending (FPSL) for BSP will become available once the shares from trades have fully settled, which is typically on the T+1 trading day.

Eligibility and Disclaimer

Trading of the newly introduced stock(s) is contingent upon user eligibility based on their country or region of residence.

Binance reserves the right to amend or cancel this announcement at any time and for any reason without prior notice.

Bybit Adjusts Maximum Order Sizes for Perpetual Contracts to Enhance User Protection

Cryptocurrency exchange Bybit announced it will implement adjustments to the maximum order sizes for a range of perpetual contracts, a move intended to bolster user protection. The changes are scheduled to take effect on July 1, 2026, at 7:30 AM UTC.

The adjustments will impact both market and limit order sizes for several trading pairs. Notably, some contracts will see a significant increase in their maximum order size, while others will experience a reduction. For instance, the CLUSDT contract’s maximum market order size will increase from 250 to 1500 coins, and its limit order size will rise from 2500 to 3000 coins. Conversely, the BEATUSDT contract’s maximum market order size will decrease from 165,000 to 18,000 coins, and its limit order size will be reduced from 825,000 to 36,000 coins.

Other contracts affected by these changes include OPUSDT, MUSDT, NEXUSDT, IDUSDT, DEXEUSDT, UBUSDT, OPGUSDT, ARKUSDT, AVNTUSDT, NIGHTUSDT, SQDUSDT, OPNUSDT, ASPUSDT, BLENDUSDT, BLASTUSDT, REDUSDT, SIRENUSDT, HEMIUSDT, MYXUSDT, RAYDIUMUSDT, DIAUSDT, QUSDT, AKEUSDT, 1000BTTUSDT, CGPTUSDT, and PIXELUSDT. The specific changes for each contract are detailed in the table below:

| Contract Name | Max. Market Order Size (Before) | Max. Market Order Size (After) | Max. Limit Order Size (Before) | Max. Limit Order Size (After) |
|—|—|—|—|—|
| CLUSDT | 250 | 1500 | 2500 | 3000 |
| OPUSDT | 84130 | 540000 | 841260 | 1080000 |
| BEATUSDT | 165000 | 18000 | 825000 | 36000 |
| MUSDT | 11000 | 56000 | 25000 | 112000 |
| 10000NEXUSDT | 445000 | 1800000 | 2225000 | 3600000 |
| IDUSDT | 134700 | 980000 | 760200 | 1960000 |
| DEXEUSDT | 4000 | 1200 | 20000 | 2400 |
| UBUSDT | 1000000 | 300000 | 10000000 | 600000 |
| OPGUSDT | 30080 | 190000 | 150400 | 380000 |
| ARKUSDT | 35400 | 210000 | 220400 | 420000 |
| AVNTUSDT | 40000 | 240000 | 200000 | 480000 |
| NIGHTUSDT | 1950000 | 800000 | 9750000 | 1600000 |
| SQDUSDT | 102600 | 540000 | 513000 | 1080000 |
| OPNUSDT | 50000 | 250000 | 250000 | 500000 |
| ASPUSDT | 170000 | 600000 | 850000 | 1200000 |
| BLENDUSDT | 48420 | 250000 | 242100 | 500000 |
| BLASTUSDT | 12000000 | 43000000 | 60000000 | 86000000 |
| REDUSDT | 25000 | 130000 | 125000 | 260000 |
| SIRENUSDT | 40000 | 270000 | 100000 | 540000 |
| HEMIUSDT | 250000 | 2000000 | 1250000 | 4000000 |
| MYXUSDT | 11000 | 85000 | 55000 | 170000 |
| RAYDIUMUSDT | 26000 | 12000 | 130000 | 24000 |
| DIAUSDT | 13000 | 67000 | 29000 | 134000 |
| QUSDT | 890000 | 350000 | 4450000 | 700000 |
| AKEUSDT | 36000000 | 15000000 | 180000000 | 30000000 |
| 1000BTTUSDT | 56000000 | 30000000 | 280000000 | 60000000 |
| CGPTUSDT | 660000 | 400000 | 3300000 | 800000 |
| PIXELUSDT | 2500000 | 1500000 | 12500000 | 3000000 |

In light of these upcoming changes, Bybit is advising its users to trade responsibly and consider utilizing lower leverage levels to mitigate potential account risks. The exchange also recommends that traders adjust their trading strategies accordingly to align with the new maximum order sizes. Bybit expressed its understanding for any inconvenience these adjustments may cause.

Bybit Lists Cap App Perpetual Contract in Innovation Zone

Cryptocurrency exchange Bybit has announced the listing of the Cap App (CAP) USDT Perpetual Contract, now available for trading in its Innovation Zone. The new contract offers users leverage of up to 10x.

The CAPUSDT Perpetual Contract is based on the Cap App (CAP) underlying asset and settles in USDT. Key trading parameters include a tick size of 0.00001, a maximum leverage of 10x, and a capped funding rate of 2.5%. Funding fees will be settled every four hours, with trading available 24/7.

The official website for Cap App is https://www.cap.app/, and its official X (formerly Twitter) account can be found at https://x.com/capapp.

Bybit has cautioned that the CAPUSDT contract is situated within the Innovation Zone, which entails a higher trading fee compared to other available contracts. Further details regarding the Innovation Zone can be found on Bybit’s help center.

Bybit to Adjust Risk Limits and Leverage for Select Perpetual Contracts

Cryptocurrency exchange Bybit announced it will be adjusting the risk limits and applicable leverage for a number of its Perpetual Contracts. The changes are intended to enhance the trading experience for users.

Implementation Details

The adjustments are scheduled to take effect and be automatically applied to user accounts by approximately 7:30 AM UTC on June 30, 2026.

Affected Contracts

The following Perpetual Contracts will see their risk limits modified:

HBARUSDT, ROSEUSDT, MOVEUSDT, ONTUSDT, METUSDT, AXLUSDT, BRETTUSDT, MINAUSDT, ORDIUSDT, TREEUSDT, 1000TOSHIUSDT, AIOZUSDT, CELOUSDT

Updated risk limit information can be found on Bybit’s website.

Margin Requirements and Restrictions

If, by the implementation deadline of June 30, 2026, 7:30 AM UTC, a user’s existing position does not meet the new margin requirements, and the adjustment cannot be automatically applied, traders will only be permitted to reduce their affected Perpetual Contract positions. Any orders that would increase the position size will be restricted until the user selects a supported risk limit or leverage.

Recommendations for Traders

Bybit advises users to manage their positions and account risk proactively. This can be achieved by transferring additional funds or adjusting their settings by July 17, 2026, 7:30 AM UTC, to mitigate the risk of potential liquidation.

Impact on Copy Trading and Trading Bots

These changes will also extend to positions held within Bybit’s Copy Trading and Trading Bot services. Existing positions managed by a Trading Bot will not be automatically closed, and the bot will not place new orders during a specified buffer period. Users are encouraged to manually terminate their bots or increase their investment in existing bots before the buffer period concludes to accommodate the new risk limits.

Further details regarding the rules of risk limits are available in a dedicated article on Bybit’s help center.

Bybit to Adjust Tick Sizes for Perpetual Contracts

Singapore – Crypto derivatives exchange Bybit announced it will adjust the tick size for several perpetual contracts on June 30, 2026, at 7:20 AM UTC. The move aims to enhance market liquidity and improve the trading experience for users.

The following contracts will see their tick sizes modified:

• OPNUSDT: Current tick size 0.0001, New tick size 0.00001
• ONDSUSDT: Current tick size 0.01, New tick size 0.001
• MYXUSDT: Current tick size 0.0001, New tick size 0.00001
• ESUSDT: Current tick size 0.00001, New tick size 0.000001
• CTRUSDT: Current tick size 0.00001, New tick size 0.000001
• DRAMUSDT: Current tick size 0.001, New tick size 0.01

Bybit clarified that no trading functions for USDT Perpetual Contracts were impacted during the adjustment process.

API users will be able to retrieve prices reflecting the updated tick size through the GET /v5/market/instruments-info endpoint after the specified timestamp. Further details are available in the exchange’s API documentation.

Orders that were placed prior to the adjustment will remain in the order book with their original tick size. Traders are advised to review and adjust their trading strategies accordingly to accommodate the new tick sizes.

Bybit expressed its apologies for any inconvenience this may cause and thanked its users for their continued support.