Binance Restores Futures Trading After Brief System Glitch
Binance has resumed normal operations on its futures platform after a short outage linked to its Unified Margin (UM) system.
“The issue affecting Futures UM trading on Binance has been resolved. All futures trading is now fully operational,” the exchange said in a post on X.
The disruption temporarily prevented users from closing or adjusting positions, sparking concerns in the derivatives market where Binance holds a leading share of global activity.
Introduced in 2022, the UM feature lets traders use pooled margin across contracts and collateral types, magnifying the impact of any downtime.
As of Friday morning, Binance oversaw more than $40 billion in open interest across crypto futures. Previous interruptions on the exchange have often occurred during bouts of heightened volatility, typically lasting from less than an hour to several hours.