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Binance updated price source for WBETH and BNSOL on margin

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Binance updated price source for WBETH and BNSOL on margin
Web3/Crypto
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Changpeng Zhao, Founder for Binance | X

Binance has announced that beginning October 11, 2025, its margin trading platform will update the price source and index weightings for WBETH/ETH and BNSOL/SOL pairs. The change involves using staking conversion ratios instead of spot prices to mitigate depeg risk.

According to Binance's official support announcement, the exchange regularly reviews its product framework to improve price accuracy, margin stability, and risk control mechanisms across trading pairs. Binance said that this latest adjustment aims to minimize potential depegging events by referencing official staking conversion ratios rather than volatile spot market prices. The company added that this change is part of a broader commitment to refining asset valuation methods and ensuring consistency across its staking-linked tokens such as WBETH and BNSOL.

In a detailed breakdown, Binance confirmed that both BNSOL and WBETH will transition entirely to staking-based conversion pricing models. For BNSOL, the previous 30% weighting from BNSOLUSDT and 70% from BNSOL/SOL × SOL/USDT will now shift to a 100% weighting on BNSOL/SOL × SOL/USDT, tied directly to the official SOL redemption ratio. For WBETH, the old model—20% WBETHUSDT and 80% WBETH/ETH × ETH/USDT—will similarly convert to 100% reliance on WBETH/ETH × ETH/USDT, anchored by the ETH staking redemption ratio.

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The same Binance announcement states that switching to staking conversion ratios is designed to strengthen price integrity by reducing exposure to rapid spot market fluctuations. Binance highlighted that wrapped staking tokens like WBETH and BNSOL are intended to mirror the value of their underlying assets (ETH and SOL, respectively), ensuring these tokens remain tightly pegged to real staking yields through direct use of staking redemption ratios. The exchange also emphasized that this approach protects margin users from unintended liquidations caused by transient spot price distortions or oracle feed discrepancies.

According to Wikipedia, Binance is a global cryptocurrency exchange founded in 2017 by Changpeng Zhao. It offers trading, derivatives, staking, margin, and liquidity services to millions of users across more than 100 countries. The encyclopedia notes that Binance consistently ranks among the top global exchanges by trading volume and remains a leading innovator in crypto infrastructure and staking solutions. Wikipedia further reports that Binance’s continuous updates to its pricing and risk management systems underscore its commitment to maintaining a secure, efficient, and transparent trading ecosystem.

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