# **🚨 Breaking: Binance Futures Transitioning PUMPUSDT to Standard Perpetual Contract**
**📢 Attention traders!** Binance Futures is upgrading the **PUMPUSDT** perpetual contract from *pre-market* to *standard* trading—here’s what you need to know to avoid surprises.
### **📅 Key Details**
- **Transition Time:** **July 14, 2025, 17:20 (UTC)**
- **Duration:** Up to **1 hour** (depending on market conditions)
- **No Order Cancellations:** Open positions & orders **remain intact**
## **🔍 What’s Changing?**
### **1. Mark Price Calculation Shift**
- **Pre-Market Phase:** Capped at **±1% per second** to prevent extreme volatility
- **Post-Transition:** Standard formula applies → **Mark Price = Median (Price 1, Price 2, Contract Price)**
📌 **Example:**
- If pre-market mark price = **$0.005045**, next second’s price can’t jump beyond **±1%** (so max **$0.005095**).
- After transition, it follows **spot index + contract price median**.
### **2. Funding Rates Go Live**
- **Pre-market:** No funding fees
- **Post-transition:** Standard **±2.00% funding rate** applies (watch for long/short squeezes!)
## **💡 How This Affects Your Trades**
✅ **No action needed** – Positions stay open, orders unaffected
⚠️ **Expect slight price adjustments** as mark price converges
📉 **Volatility risk?** Low (Binance enforces smooth transition)
## **❓ FAQs – Quick Answers**
### **Q: Will my liquidation price change?**
A: **Slightly**, as mark price calculation updates—check your positions post-transition.
### **Q: Can I trade during the transition?**
A: **Yes!** Trading continues uninterrupted.
### **Q: Why is Binance doing this?**
A: Standard contracts offer **better