Binance Futures to Launch Retail Price Improvement Feature on November 20

According to the announcement from Binance, the platform is set to introduce the Retail Price Improvement (RPI) Order feature on November 20, 2025. This initiative aims to enhance market liquidity and provide retail users with improved execution quality. The RPI Orders are designed to be post-only, ensuring they always add liquidity to the order book as maker orders, rather than executing as taker orders. This mechanism is intended to support deeper liquidity and improve trading conditions for retail participants. The RPI Orders will exclusively match with non-algorithmic taker orders, creating a more balanced trading environment for retail users. These orders will not be visible to or accessible by API takers, further supporting a fair trading landscape. All users eligible for Binance Futures will have access to the RPI Order feature, although API users are advised to review integration details and update their systems accordingly to support the new order type. Initially, the RPI feature will be available on selected symbols, accompanied by a special fee structure designed to incentivize participation and enhance liquidity. Binance plans to complete the full launch of the RPI function by November 20, 2025, although users may not have access to this function until after this date. The announcement notes that products and services mentioned may not be available in all regions. For detailed information on RPI Orders, including eligible symbols, trading behavior, and fee schedule, users are encouraged to refer to the FAQ section provided by Binance.