Quantcast

Binance updated price source for WBETH and BNSOL on margin

Polymarket Blocks French Traders Amid Gambling Inquiry
Gary Gensler announces his resignation for the inauguration of Donald Trump
FTX co-founder Gary Wang sentenced to time served
UK poised to unveil crypto regulations amid pressure to retain industry
Bitcoin in search of 100,000 $: A $400 million standoff
Trump's US-Propelled Crypto Adoption – Will France Follow?
MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap
Bitcoin on November 20 – BTC dominates the crypto market in this bull run
BIS study questions decentralization in DeFi liquidity provision
Bitcoin surges to record high near $95,000
Polish Presidential Candidate Bullish on Bitcoin – Following in Donald Trump’s Footsteps?
Cryptocurrencies: Goldman Sachs will dedicate its blockchain to institutional trading
Michael Saylor's MicroStrategy Added Additional 51,780 Bitcoin for $4.6B
Speculation looms over SEC leadership under Trump as rhetoric escalates
Outlier Ventures CCO: 'Fundamental crypto general-purpose technology' in off-chain sectors is 'interesting'
Bank of Russia revokes license of Corporate Finance Bank LLC
MANTRA CEO: 'We're obviously meant to be relatively agnostic' as a 'layer one blockchain'
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Chainalysis CRO: 'I think TradFi is coming to the blockchain'
KYC, filtering, and sanctions: the European Banking Authority wants to toughen crypto regulation
Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
Gary Gensler's days at the SEC are numbered – His letter suggests his resignationGary Gensler's days at the SEC are numbered – His letter suggests his resignation
Visa launches tokenized asset platform to bridge fiat and blockchain
DFF CEO: 'There needs to be more collaboration, more unity between nations'
Bitcoin: BTC surpasses $92,000, on the way to $100,000?
BlackRock Expands Tokenized Fund BUIDL Beyond Ethereum to 5 New Blockchains
Donald Trump Places Elon Musk in Government Position – What Impact on Dogecoin (DOGE)?
Dogecoin Flips XRP as Elon Musk-Linked Trade Keeps on Giving
Elon Musk revives the idea of dismantling the Federal Reserve (Fed): A call to Bitcoin supporters?
Bitcoin offers almost a new ATH per day – 100,000$ by January?
Binance updated price source for WBETH and BNSOL on margin
Web3/Crypto
Webp changpeng zhao 15
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.

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.

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.

Organizations Included in this History
More News

Brian Armstrong, CEO of Coinbase, said that broader cryptocurrency use will emerge from seamless products where users benefit without engaging with the underlying systems.

Oct 22, 2025

Michael Saylor, co-founder of Strategy Inc., announced that the company has expanded its bitcoin holdings and reported a 25.9% year-to-date yield for 2025.

Oct 22, 2025

Lark Davis, founder of Wealth Mastery, advised traders to avoid leverage and risky "revenge trading" amid widespread liquidations and emphasized the importance of protecting capital.

Oct 22, 2025

Kent Lin, Co-founder of Optimum, said that Bitcoin's market capitalization is approximately 7% of gold's, suggesting that the rally in gold expands potential upside for Bitcoin.

Oct 22, 2025

Anna Milne, founding director of research for the CAFE Association, said that membership focuses on industry leadership that combines innovation with consumer protection, rather than merely adhering to baseline compliance.

Oct 20, 2025

Edward "Coach" Weinhaus, the Founding Executive Director of the CAFE Association, emphasized that fraud is a shared problem and detailed the organization's plan to educate consumers and support responsible companies.

Oct 17, 2025