According to CoinMeta, Binance Futures announced that on August 27, 2026, at 11:00 (UTC), it will implement a Last Price Protection (LPP) mechanism for the TACUSDT perpetual contracts of USD Ⓢ-margin to address the spot price discrepancies observed across multiple exchanges. Users' funds on Binance will remain secure. The LPP mechanism will be gradually applied through a price marking and smoothing process to reduce sudden price fluctuations and to better ensure price stability during the transition period. This period will continue until the spot prices on multiple exchanges converge and a stable index price can be derived from the spot market. A further announcement will be made at the end of this period.