price protection

WHUF

2026-10-13 04:01:52

WHUF founder says price support is active as token trades below ICO level

WHUF’s founder said on X that the token is trading below its ICO price and that the project’s price protection mechanism is operating as designed. Redeemed WHUF will be burned and permanently removed from circulation. The founder said the team had expected the mechanism to reduce selling near $3.57, but 23% of the original purchase volume was not covered during the protection window and is now the largest source of outflows. The post also laid out how liquidity was deployed. The team concentrated liquidity on Coinbase, hired two market makers, and allocated 175 basis points of liquidity to centralized exchanges, compared with about 25 basis points on-chain. At launch, the pool held about 20,000 WHUF and less than $100,000 in USDC. In the first hour after unlock, auction buyers sold about 101,000 WHUF, and a single $10,000 sell order could move the price by nearly 20%. Of 1,402 auction wallets, 298 sold, with 92% of those sales taking place in the first three hours. The founder added that $7.14 million of ICO proceeds had been reserved for price protection. Redemptions require sanctions screening, and Sumsub flagged five people as failed, citing reasons including terrorism and crime. For non-sanctioned users, USDC refunds have been automated and will be processed in batches over at least several days.

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Binance

2026-08-27 09:17:55

Binance to apply latest price protection mechanism to TACUSDT perpetual contract

Binance said it will apply its latest Last Price Protection (LPP) mechanism to the TACUSDT USDⓈ-Margined perpetual contract starting at 19:00 on Aug. 27, 2026, Beijing time, after TAC (TAC Protocol) showed abnormal price divergence across spot markets on multiple centralized exchanges. According to the official announcement, the exchange will introduce the LPP mechanism gradually through a mark price smoothing mode during the switch in an effort to reduce the impact of sudden price swings and keep pricing more stable through the transition. Binance said the LPP period for the contract will end once TAC prices across multiple exchanges move back into alignment and a stable index price becomes available from the spot market, as determined by Binance. The exchange added that it will issue a separate notice before the contract moves from LPP back to the standard mark price calculation, which it described as mark price = Median (price 1, price 2, contract price). The length of the transition will depend on price volatility and the stability of the index price.

1180

Binance

2026-07-22 14:15:13

Binance Capital Connect Update Opens Institutional Access, PRER Price Protection Rules Launch April 14

Binance upgrades Binance Capital Connect for institutional strategies and announces PRER price range execution rules rolling out on April 14, 2026, to protect spot trades from abnormal fills.

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