TechFlow news, April 14 — According to Binance Customer Support, the native token of MANTRA, OM, has recently experienced significant price volatility. Preliminary investigations indicate that this was caused by cross-exchange liquidations. Binance stated it will continue monitoring the situation closely and take appropriate actions to protect users and maintain platform integrity.
Binance noted that since October last year, it has implemented several risk control measures for the OM token, including reducing leverage limits. Starting January this year, Binance added a pop-up warning on its spot trading page for the OM token, alerting users that the token has undergone major adjustments to its tokenomics, including an increase in token supply.
