# Binance Sets 30-Minute Average for Commodity Options Settlements

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/55383
Published: 2026-11-12T12:35:39.000Z
Updated: 2026-11-12T12:35:39.000Z
Section: Business

> The new method begins with contracts expiring at 5 p.m. ET Nov. 23; later expirations will use the same calculation.

Binance will settle its commodity options using a 30-minute average of the Binance Futures Index Price, bringing the calculation in line with the exchange’s method for crypto options. The change applies first to contracts expiring at 5 p.m. ET Nov. 23.

Under the revised rule, the settlement price will be the arithmetic mean of the index price during the half-hour before expiration. The existing method uses the underlying market’s closing price at 5 p.m. ET on the expiration date.

Expiration time determines which method applies. Binance is keeping expiration times, trading sessions and contract specifications unchanged.