Exchanges· ★★· neutral·

Binance to exclude TradFi perp premium index from funding after ATS outage

  • —The US ATS connectivity disruption ran from 03:46 to 06:30 UTC on October 21
  • —The TradFi perpetual premium index will be excluded from the 08:00 UTC funding settlement
  • —The change affects all Binance perpetuals tracking US equities
Why it matters: The adjustment shields traders from distorted funding caused by an external infrastructure failure, but highlights crypto derivatives' reliance on TradFi plumbing.
Source: PANews
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