Due to abnormal price deviations in multiple markets, Binance will implement a price protection mechanism for the TAC contract.

BlockBeats News, August 27th, according to an official announcement, due to abnormal price deviations of TAC (TAC Protocol) on multiple CEX spot markets, Binance Futures will implement the Latest Price Protection (LPP) mechanism on the TACUSDT Quarterly Futures contract on August 27, 2026, at 19:00 (UTC+8).

The announcement stated that during the transition to the LPP mechanism, in order to minimize the impact of sudden price fluctuations and better safeguard price stability during the transition, the LPP mechanism will be gradually adopted through a smooth mode of handling the mark price.

Once the price of TAC (TAC Protocol) tends to be consistent across multiple exchanges and a stable index price can be obtained in the spot market (determined by Binance), the LPP period of the contract will end.

When the LPP period of the TACUSDT Quarterly Futures contract ends and is ready to transition from LPP to standard mark price calculation (mark price = Median(Price 1, Price 2, Index Price)), another announcement will be made. The transition period will depend on price fluctuations and the stability of the index price.