Binance Will Raise Filecoin (FIL) and Hedera (HBAR) Collateral Ratios to 60%

Binance will raise Filecoin (FIL) and Hedera (HBAR) collateral ratios from 50% to 60% in Cross Margin and Portfolio Margin, while also revising tiered rates in Portfolio Margin Pro. The adjustments change how the assets count as collateral in those products.

In Cross Margin, the change covers borrow and transfer-out collateral ratios for both assets. Portfolio Margin Pro will receive separate changes to FIL’s and HBAR’s tiered collateral rates.

The update is scheduled to begin Friday, Nov. 13, at 1 a.m. ET (06:00 UTC), and is expected to take about 30 minutes. The change follows earlier Binance collateral-ratio adjustments.