Transition of PUMPUSDT Perpetual Contract from Pre-Market to

Standard Trading**

Dear Binance Team,

Please note the following key points regarding the transition of the **USDⓈ-M PUMPUSDT Perpetual Contract** from pre-market to standard trading:

1. **Transition Timing**:

- Starts at **2025-07-14 17:20 (UTC)**.

- May take up to **1 hour** (subject to price stability).

- **No impact** on trading—open orders/positions remain active.

2. **Mark Price Adjustment**:

- Pre-market mark price gradually converges to the **standard calculation** (Median of Price 1, Price 2, Contract Price).

- **±1% price cap per second** applied during transition to limit volatility.

3. **Funding Rates**:

- Post-transition, standard funding rate rules apply (**±2.00% max/min**).

4. **User Action**:

- No action required; monitor announcements for updates.

For details, refer to the [Mark Price Guide](https://www.binance.com/en/support/faq/mark-price) or [Funding Rate History](https://www.binance.com/en/fundingRate).

Thank you for ensuring a smooth transition.

Best regards,

[Your Name]