Quantcast

Binance lowers tick size for SOMIUSDT futures contract

Tighter rules make an impact on UK crypto markets
Why Are French Men Making Cryptocurrency Bets?
Incubateurs Web3 : lequel choisir ?
Serena lance un fonds de 100 millions d'euros
How Misinformation On Hamas And Crypto Fooled Nearly 20% Of Congress
The crypto ATM business is somehow still booming
Le « made in France », victime à son tour de l’inflation
La start-up française Quandela lève 50 millions d’euros pour fabriquer des ordinateurs quantiques
Emmanuel Macron apporte son soutien à un projet de musée du jeu vidéo lancé par un youtubeur
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
UK sets out proposals to bring stablecoins into real economy
Why crypto is a poor relation of digital payments
Sam Bankman-Fried: the fallen ‘king of crypto’
Binance to Shut Down Ruble Payment Partnership
Tokenisation : BNP Paribas avance lentement, mais sûrement
Bitcoin: approval of an ETF could boost its price by 74% over one year
"Les cryptomonnaies ne servent à rien” : 10 exemples qui prouvent le contraire
Les cryptomonnaies permettent-elles de financer le terrorisme ?
Binance’s UK marketing push halted by regulator
Alexandre Tsydenkov (NFT Paris) : “Il faut mettre en avant ceux qui font avancer le Web3”
‘FTX was not fine’: How Sam Bankman-Fried’s tweets became central to his trial
Start-ups crypto : une reprise en trompe-l’oeil
Le PDG de Binance aurait refusé de payer 40 millions de dollars à SBF pour créer un exchange crypto en 2019
Bank of France Deputy Governor Views CBDCs as A Catalyst For Cross-border Payments
Le procès de Sam Bankman-Fried, le « Mozart des cryptomonnaies », et de la faillite de FTX s’ouvre à New York
France welcomes U.S. crypto companies looking for legal certainty
Binance CEO: France has proper crypto currency regulations
Blockchain executive: digital currency market in France 'resilient and abundant'
Europe : les grands enjeux qui attendent l’écosystème crypto
Crédit Agricole continue d’avancer sur la tokenisation
Binance lowers tick size for SOMIUSDT futures contract
Web3/Crypto
Webp changpeng zhao 16
Changpeng Zhao, Founder for Binance | X

Binance has announced a reduction in the tick size for the SOMIUSDT USDⓈ-M Perpetual Futures Contract from 0.001 to 0.0001, aiming to improve liquidity and trading precision.

According to Binance’s official update, the exchange periodically refines tick sizes—the minimum allowable price movement—to better align with market liquidity and trading behavior. Adjusting tick sizes helps in narrowing bid-ask spreads and facilitating smoother order execution, ultimately benefiting traders. This change is part of Binance’s continued efforts to optimize its futures contracts and enhance user experience.

Effective September 2, 2025, at 15:45 UTC, Binance will implement this change for SOMIUSDT USDⓈ-M Perpetual Futures, allowing for more granular pricing. This finer resolution enables traders to place orders at tighter price intervals, which can improve precision and potentially tighten spread costs. The update is intended to support deeper market liquidity and precise trading strategies.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Binance confirmed that existing orders placed before the update will not be affected and will continue to be matched according to the original tick size rules. Traders using APIs are advised to retrieve updated tick size data via the GET /fapi/v1/exchangeInfo endpoint, ensuring compatibility with their systems. These measures aim to facilitate a seamless transition without disrupting ongoing trades.

According to Binance’s company profile, the exchange was founded in 2017 and has since become the world’s largest cryptocurrency platform by trading volume. It offers a broad range of services—including spot and derivatives trading, staking, lending, institutional products, and Web3 infrastructure—to millions of global users. Tactical adjustments like the SOMIUSDT tick size update exemplify Binance’s proactive stance on enhancing trading infrastructure and market efficiency.

Organizations Included in this History
More News

Raoul Pal, CEO of Real Vision, said that cryptocurrency gains depend on liquidity, with a government shutdown and the Treasury General Account (TGA) delaying conditions for a breakout.

Nov 3, 2025

Changpeng "CZ" Zhao, founder of Binance, said that Kyrgyzstan presents significant potential for cryptocurrency growth and encouraged other firms in the industry to consider investing and operating there.

Nov 3, 2025

Julian Hosp, founder of Cake DeFi, said that Bitcoin has evolved into a speculative gamble, with stronger returns emerging in artificial intelligence (AI), energy, and broader technology sectors.

Nov 3, 2025

Binance announced on its website that it upgraded its USDⓈ-M Futures Liquidity Provider Program on November 3, 2025.

Nov 3, 2025

Carlos Domingo, CEO of Securitize, has expressed confidence in blockchain technology's potential to transform asset management.

Nov 3, 2025

Binance announced on its website that it will update collateral and Tiered Collateral Ratios for PM Pro (Portfolio Margin) on November 4 and November 7, 2025.

Nov 3, 2025