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

Odaily Odaily Planet Daily News 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, and strategy bots will be terminated with automatic position closure. 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.