On 31 July 2024 at 04:00 UTC, the Minimum Price Increments for the Bitcoin (XBTUSD) and Ethereum (ETHUSD) perpetual swaps will be reduced as shown below.
| Perpetual swap | Current Minimum Price Increment (USD) | Minimum Price Increment (USD) starting 31 July 2024 04:00:00 UTC |
| XBTUSD | 0.5 | 0.1 |
| ETHUSD | 0.05 | 0.01 |
The Minimum Price Increment (Tick Size) is the smallest increment by which the price of a contract can move.
A smaller Minimum Price Increment can theoretically lead to reduced bid-offer spreads, useful for price takers when crossing the spread to trade.
In the meantime, if you have any questions please contact Support.