Binance: Rolls Out H Futures Price Protection

Binance activated a temporary price protection mechanism on $H perpetual contracts after on-chain minting drove the token price near zero and triggered repeated liquidations.

The exchange now derives mark price exclusively from futures order flow, bypassing the collapsed spot market, while tightening funding rate bounds to 0.005 percent and shifting settlements to four-hour intervals.

With H at $0.21 inside the Bollinger Bands, the MACD death cross and bearish EMA50 at $0.29 confirm resistance overhead, pointing shorts toward lower-band support at $0.17 before any H price prediction rebound materializes amid the broader crypto market crash dynamics.