Binance to Adjust Margin Ratios for Multiple Assets, AUCTION, BLUR, Among Others, Reduced to 10%

BlockBeats news, September 15: Binance will adjust the collateral ratios of certain assets under cross margin and unified account modes starting from 14:00 (UTC+8) on September 18. The adjustment is expected to be completed within 30 minutes.

Among them, the collateral ratios for ARB, TAO, and WLD will be raised from 50% to 60%; AUCTION, BLUR, GALA, HYPER, S, and SYRUP will be significantly lowered from 30% to 10%. In addition, the tiered collateral ratios for WLFI under Portfolio Margin Pro will also be adjusted, with the highest tier raised from 50% to 60%.

Binance reminds users that changes in collateral ratios and leverage will affect the unified maintenance margin rate (uniMMR). Users need to closely monitor account risks to avoid potential liquidations triggered by the collateral ratio adjustments.