Binance will enable last-mover advantage for BULLAUSDT perpetual contracts.

Binance will implement a last trade price protection mechanism for BULLAUSDT perpetual contracts at 14:00 on October 28th. During the protection period, the mark price will be calculated based on the contract's recent average trade price, with a maximum fluctuation of approximately ±1% per second, and the funding rate cap will be adjusted to ±0.005%. This mechanism will continue until the BULLA spot price converges and forms a stable index price.