News Summary

• Binance said it will roll out a spot trading rule on April 14, restricting executions outside a set range during periods of volatility and thin liquidity.
• The rule works by tying execution to a dynamic reference price based on recent trades, with percentage-based bands set above and below that level.
• According to Binance, orders will only fill within this range, and any remaining portion that would execute outside it is canceled.
• It comes months after a liquidation-driven market dislocation in October 2025 highlighted how quickly liquidity can thin during stress.