Binance Pre Market launches upward circuit breaker mechanism

On February 25th, according to official sources, Binance Pre Market launched an upward circuit breaker mechanism to continue innovation and enhance users' trading experience. The circuit breaker mechanism refers to the situation where the highest trading price of a stock cannot exceed a certain percentage of the opening price within 72 hours before the market opens. After exceeding 72 hours, the trading price will no longer be restricted and normal trading will resume. Taking RED as an example, pre launch details: The maximum holding limit for each user is 5000 RED. Upward circuit breaker rule: 2025-02-28 10:00 (UTC) -2025-03-01 09:59 (UTC): The maximum allowable price limit is 200% of the initial opening price; 2025-03-01 10:00 (UTC) -2025-03-02 09:59 (UTC): The maximum allowable price limit is 300% of the initial opening price; 2025-03-02 10:00 (UTC) -2025-03-03 09:59 (UTC): The maximum allowable price limit is 400% of the initial opening price; After 10:00 UTC on March 3, 2025: There are no price restrictions in the pre trading market.