Binance states that RPI orders, launching November 20, 2025, will initially apply to select tokens with adjusted fees to enhance retail trading liquidity and execution quality.
Binance announced in an official release that Retail Price Improvement (RPI) orders will be available starting November 20, 2025. The feature is designed to enhance retail traders' market liquidity and execution quality. RPI orders are post-only, meaning they will add liquidity and will only match against non-algorithmic taker orders, thereby interacting exclusively with manually placed trades. The initial rollout includes select tokens with special fee structures to encourage participation.