PANews reported on February 25 that Binance issued an announcement stating that in order to continue to innovate and enhance users' trading experience, Binance will launch an enhanced feature for Binance Pre Market - an upward circuit breaker mechanism.

The upward circuit breaker mechanism will limit the maximum increase in the trading price of the Pre Market to a certain percentage of the initial opening price within 72 hours after the first opening. After the initial 72 hours, there will be no more restrictions and trading will resume normally. Please note that this upward circuit breaker mechanism is being piloted in the issuance of RED tokens, and whether it will be a regular feature of the future pre-sale market has not yet been determined.