[Binance to Implement Latest Price Protection Mechanism for ONE USDT-Margined Perpetual Contracts] BlockBeats News, August 14: Due to the Harmony (ONE) security incident causing abnormal spot prices on multiple trading platforms, Binance Futures will implement the latest price protection (LPP) mechanism for ONE USDT-margined perpetual contracts starting at 20:00 on August 14. User assets will not be affected. The mark price will be calculated based on the average transaction price over the past 10 seconds, with a smooth transition and a maximum fluctuation limit of ±1% per second. The funding rate upper and lower limits will also be narrowed from ±2.000% to ±0.005%. Once the ONE spot prices across multiple exchanges stabilize and converge, the LPP period will end, and the standard mark price calculation will resume. Further announcements will be made at that time.