PANews reported on April 7th that Binance announced it will gradually roll out a Spot Price Range Protection (PRER) mechanism starting April 14th, 2026, to ensure that user orders are not executed at abnormal prices under extreme market conditions. This mechanism allows orders to be executed only within a dynamic price range, aiming to protect the market from significant price deviations caused by abnormal activity and maintain a fair and orderly market environment.
Key features include: canceling all order types with execution prices exceeding the specified range, with already executed portions settled as usual; protecting the market from rapid and significant price fluctuations; and ensuring trading fairness during periods of abnormal market volatility. Binance states that this mechanism will not affect daily trading under normal market prices.

