Binance plans to adjust the calculation method of delivery settlement price of delivery contracts on November 11

Odaily News According to the official announcement, Binance will adjust the calculation method of the settlement price of delivery contracts at 16:00 (Eastern Time Zone 8) on November 11, 2024. The settlement price of delivery contracts will use the average of the price index per second in the last 30 minutes before delivery (15:30 to 16:00 Eastern Time Zone 8), a total of 1,800 price indices. Calculation of settlement price of existing contracts: The settlement price of delivery contracts will be calculated based on the average of the price index per second in the last hour before delivery (15:00 to 16:00 Eastern Time Zone 8), a total of 3,600 price indices. Calculation of settlement price of new contracts: The settlement price of new delivery contracts will be calculated based on the average of the price index per second in the last 30 minutes before delivery (15:30 to 16:00 Eastern Time Zone 8), a total of 1,800 price indices.