Binance said it will adjust collateral ratios for selected assets under Cross Margin and Unified Account mode starting at 14:00 UTC+8 on Sept. 18, with the process expected to finish within 30 minutes. Under the change, the collateral ratio for ARB, TAO and WLD will be raised from 50% to 60%. In contrast, AUCTION, BLUR, GALA, HYPER, S and SYRUP will see their ratios cut sharply from 30% to 10%.
The exchange also said WLFI’s tiered collateral ratio under Portfolio Margin Pro will be revised, with the top tier increasing from 50% to 60%. Binance warned that changes to collateral ratios and leverage will affect the unified maintenance margin ratio, or uniMMR. Users were advised to closely monitor account risk to avoid potential liquidation triggered by the adjustment.
According to BlockBeats, Binance will adjust collateral ratios for certain assets under Cross Margin and Unified Account mode starting at 14:00 UTC+8 on Sept. 18. The exchange said the adjustment is expected to be completed within 30 minutes.
Assets facing higher and lower collateral ratios
ARB, TAO and WLD will have their collateral ratios increased from 50% to 60%. At the same time, AUCTION, BLUR, GALA, HYPER, S and SYRUP will be cut from 30% to 10%.
WLFI change under Portfolio Margin Pro
Binance also said WLFI’s tiered collateral ratio under Portfolio Margin Pro will be adjusted, with the highest tier rising from 50% to 60%.
Exchange warns of liquidation risk
Binance said changes to collateral ratios and leverage will affect the unified maintenance margin ratio, or uniMMR. The exchange told users to watch account risk closely and avoid potential liquidation resulting from the collateral-ratio revision.
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