Update
Binance’s SOXL Perpetual Mark Falls 5.9%
Binance’s SOXL perpetual mark fell 5.9% from opening to low in one hour on October 17. All 60 sampled minute-close gaps to its moving index stayed below the 3% weekend limit; the index itself fell almost 4%. The update highlights the risk management aspect of leveraged ETFs and the constraints on mark-price movement.