Binance Changes Off-Hours Pricing for Commodity Perpetual Futures

Binance is updating its benchmark pricing methodology for commodity-based TradFi perpetual futures, moving from a fixed pricing model to an Orderbook Exponential Weighted Moving Average (EWMA) model. Effective Friday at 9:00 pm UTC, this change applies to contracts for assets such as gold, silver, oil, and natural gas during periods of lower trading activity, including weekends, holidays, and maintenance windows. According to Binance, this shift reflects the growth and increased liquidity of its TradFi products, allowing for more flexible, market-aligned price discovery. While margin requirements remain unchanged, the new model may affect how positions are marked and how liquidations are triggered outside of regular trading hours, bringing these processes closer to the standards used for crypto perpetuals.

(Source：Cointelegraph)