CoinVoice has learned that, according to the official announcement, Binance will adjust the calculation method for the settlement price of delivery contracts at 16:00 (UTC+8) on November 11, 2024. The settlement price of the delivery contract will use the average price index per second for the last 30 minutes before delivery (UTC+8 15:30 to 16:00), totaling 1,800 price indices.
Existing contract settlement price calculation: The settlement price of the delivery contract will be calculated based on the average price index per second for the last hour before delivery (UTC+8 15:00 to 16:00), totaling 3,600 price indices.
New contract settlement price calculation: The settlement price of the new delivery contract will be calculated based on the average price index per second for the last 30 minutes before delivery (UTC+8 15:30 to 16:00), totaling 1,800 price indices. [Original link]