Binance Adjusts Leverage for LRC and PHBUSDT Contracts

Binance is making changes to leverage and margin levels for LRCUSDT and PHBUSDT perpetual futures contracts, effective June 6, 2025. These adjustments aim to manage risk in highly-leveraged derivatives markets. Binance’s decision comes as part of its standard risk management protocols and follows a similar approach from earlier this year. Existing positions will be affected, prompting users to adjust their strategies beforehand. While the market remains relatively stable and no new capital inflows have been reported, Binance CEO Richard Teng has not made public comments regarding these changes.