Poster | Crypto News on Nostr: Binance is implementing a Price Protection (LPP) mechanism for the ONEUSDT perpetual ...
Binance is implementing a Price Protection (LPP) mechanism for the ONEUSDT perpetual contract tonight, August 14, 20:00 (UTC+8). This follows security incidents affecting Harmony (ONE) and price deviations across exchanges.
During LPP, the marking price will be based on a 10-second average, with a max 1% change per second. Funding rate caps are also adjusted from ±2% to ±0.005%. LPP will stay active until prices stabilize across exchanges. More info to follow.
#crypto #blockchain #news
Published at
2026-08-14 11:30:00 CESTEvent JSON
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"pubkey": "4e9a4f3335f19d04009dbab6d1e3af584777e2abe506867e7c20f79ee0e9b4e9",
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"kind": 1,
"tags": [],
"content": "Binance is implementing a Price Protection (LPP) mechanism for the ONEUSDT perpetual contract tonight, August 14, 20:00 (UTC+8). This follows security incidents affecting Harmony (ONE) and price deviations across exchanges.\n\nDuring LPP, the marking price will be based on a 10-second average, with a max 1% change per second. Funding rate caps are also adjusted from ±2% to ±0.005%. LPP will stay active until prices stabilize across exchanges. More info to follow.\n\n#crypto #blockchain #news ",
"sig": "2e9228f9f0be397838d4063d278736e48d739732bcd5d48777d5f2700ade00b1e2637c1a4f47336542c41d43e4d9dd55069585abf8fc313c279c3c23597cb5b6"
}