Binance Will Adjust the Contract Multiplier for SPCXUSDT Pre-IPO Perpetual Contract

Odaily Odaily reports that according to an official announcement, Binance Futures will adjust the contract multiplier for the SPCXUSDT Pre-IPO perpetual contract at 16:30 (Beijing time) on June 10, 2026. The adjustment process is expected to take 15 to 30 minutes, during which trading will be suspended, all pending orders will be canceled, strategy bots will be terminated, and positions will be automatically closed. After the adjustment, a scaling factor of 1.10 will be applied to the contract multiplier. Position holders are advised to assess their risks in advance.