Binance, the world’s largest crypto exchange by volume, restarted futures trading after a brief outage caused by a “system issue” affecting its Unified Margin (UM) product.
"The issue affecting Futures UM trading on Binance has been resolved. All futures trading is now fully operational,” Binance said in a post on X.
The outage left traders unable to close or manage positions, raising concerns across the derivatives market where Binance commands a large share of global volume.
UM, launched in 2022, allows users to pool margin assets across contracts and collateral types — meaning a shutdown has broader implications than a standard product outage.
Binance has over $40 billion in open interest across crypto futures positions as of Friday morning. Past disruptions on the exchange, often t