🚨 Big Update for PUMPUSDT Traders! 🚨

📢 Binance Futures is upgrading the PUMPUSDT Pre-Market Contract!

Starting July 14, 17:20 UTC, Binance will gradually convert the USDⓈ-Margined PUMPUSDT Pre-Market Perpetual Contract into a Standard Perpetual Futures Contract. The upgrade will take up to 1 hour, depending on market stability. ✅ Trading will remain live — no orders or positions will be canceled during this transition.

🔍 What’s Changing?

Mark Price Adjustment: Transition from pre-market mark price to the standard formula:

Mark Price = Median (Price 1, Price 2, Contract Price)

±1% Cap Rule: During the transition, mark price movement is capped at ±1% per second to avoid extreme volatility.

Funding Rate Activation: Once live, funding rates will be calculated per standard rules (up to ±2.00%).

📘 Example:

If the mark price is 0.005045 USDT at 18:00:00, and the next second it calculates as 0.005125, it will be capped at 0.005095 due to the ±1% rule.

🎯 Why it matters?

This transition brings enhanced stability, fairer pricing, and funding rate activation — paving the way for a smoother perpetual trading experience on PUMPUSDT.

📚 For full details:

Check out the Mark Price Rules, Leverage Info, Fee Structure, and more via Binance's official resources.

🔁 Stay sharp. Trade smart.

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