Updates on the Tick Size for NEAR and AVAX USDⓈ-M Perpetual Futures Contracts

Fellow Binancians,

In order to increase market liquidity and improve your trading experience, Binance will be adjusting the tick size (i.e., the minimum change in the unit price) of the USDⓈ-M perpetual futures contracts as shown in the table below.

The adjustment will not impact USDⓈ-M Futures trading operations.
Tick size via API will also change. API users may use GET /fapi/v1/exchangeInfo for the latest tick size. For further details and updates, please refer to our full API Changelog.
The tick size update will not affect existing orders. After the tick size is updated, orders placed before the update will be matched with the original tick size.

Specific adjustment details are as follows:

At 2022-01-20 03:30 AM (UTC)

Contract Type	Trading Pair	Before	After
USDⓈ-M Futures	NEARUSDT	0.0001	0.001

At 2022-01-25 03:30 AM (UTC)

Contract Type	Trading Pair	Before	After
USDⓈ-M Futures	AVAXUSDT	0.001	0.01

Please refer to Trading Rules for details and please adjust your trading strategy according to the change to avoid unnecessary impact on your trading.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.

Thanks for your support!

Binance Team

2022-01-04

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

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