Binance Futures will update the leverage and margin tiers for several USDⓈ-M Perpetual Contracts including ALICEUSDT, GTCUSDT, REEFUSDT, COTIUSDT, ZRXUSDT, RVNUSDT, and ALPHAUSDT on 2024-07-18. The updates will affect existing positions and introduce new leverage and margin tiers across different notional value brackets for these contracts. The changes aim to adjust the financial requirements and risk management for traders on the Binance platform.