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[Binance to Adjust METUSDT Perpetual Contract Trading Mode on October 23, 2025] Binance Futures will gradually convert the pre-trading mode of the USDⓈ-M METUSDT perpetual contract to the standard perpetual contract starting at 22:00 (Hong Kong Time) on October 23, 2025. The conversion process is expected to last for 3 hours, during which trading functionality will not be affected, and open orders and positions will not be canceled. After the conversion is completed, the mark price and funding rate will be executed according to the standard perpetual contract rules, with the funding rate cap set at ±2.00%.

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