Binance to adjust tick size for six USDⓈ-M perpetual contracts on July 9
The exchange said the minimum price movement will change at 03:00 UTC on July 9, with existing orders and trading operations unaffected.
USDT
Summary
Binance said it will adjust the minimum price movement, or tick size, for six USDⓈ-M perpetual contracts at 03:00 UTC on July 9, 2026. The exchange said the change will not affect existing orders or trading operations. Among the disclosed adjustments, LABUSDT will shift from 0.001 to 0.0001, while MYXUSDT, TAIKOUSDT and ERAUSDT will move from 0.0001 to 0.00001. Tick size changes alter the smallest increment by which a contract can trade and are typically used by derivatives venues to refine price quoting without changing the contract itself.
Terms & Concepts
- tick size: The smallest price increment by which an instrument can trade.
- USDⓈ-M perpetual contracts: US dollar stablecoin-margined perpetual derivatives that have no expiry date.
- perpetual contracts: Derivatives contracts that do not have a fixed settlement date.