Binance has announced an update to the collateral ratios for several assets under its Cross Margin platform, set to occur between July 25 and August 1. This announcement was made in a press release.
According to Binance's official statement, the exchange will adjust how specific digital assets are evaluated as collateral under its Cross Margin service. These updates are scheduled in two phases—on July 25 and August 1—to refine risk exposure and maintain stable margin requirements for traders. The rationale aligns with Binance’s routine risk control procedures designed to adapt collateral frameworks to changing market dynamics.
On July 25 at 06:00 UTC, Binance will increase the "Asset No." rating from 9 to 10 for AWE, MDT, IDEX, BAKE, SLF, FIS, MOVE, and FORM. This effectively elevates these assets into a higher collateral rank. Each asset update is expected to take approximately 30 minutes, during which margin levels may fluctuate and require user attention to avoid potential liquidations. Binance stresses users should monitor Margin Level (ML) closely during implementation to manage new collateral valuation impacts.