Overview

• Public posts show the suspension at 06:35 UTC and the all‑clear at 07:00 UTC, marking roughly a 24–25 minute interruption.
• The disruption affected the Unified Margin stack for USD‑margined contracts settled in USDT or USDC, preventing some traders from managing positions.
• Binance said all futures trading is fully operational but offered no root cause, data‑loss assessment, or liquidation and order‑change metrics.
• Coverage underscored the market’s scale, citing a $90 billion futures figure in initial notices and about $40 billion in open interest reported Friday morning.
• The episode fits a pattern of occasional technical incidents despite Binance citing 99.98% API uptime in H1 2025 and previously disclosing a 45‑minute UM API event.