It is safe to play contracts on Binance! If there is an abnormal spot pin, the contract will not follow! It protects users well!
RONIN has a "pin" market on Binance, with an amplitude of more than 14%
On August 6, after the attack on Ronin Bridge today, the price of its native token RONIN encountered a downward challenge. However, in the RONIN/USDT spot trading pair on the Binance platform, RONIN showed a violent "pin" trend, with the highest increase of more than 14% in 1 minute and then fell back, and the transaction volume in 1 minute reached 357,700 US dollars.
As of the time of posting, RONIN was temporarily reported at US$1.41, with a 24-hour increase of 11.03%.
It is worth noting that in the RONIN/USDT perpetual contract trading pair on the Binance platform, this "pin" market did not appear.