# Futures
Dear MEXCers,On 14:30, October 1, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the OGN USDT-M perpetual contract. The new settlement frequency is now once every 8 hours. Details are as follows:Time (UTC)OGNUSDT Futures Maximum Funding Rate16:00, October 1, 2023+3.00% / -3.00%00:00, October 2, 2023+3.00% / -3.00%08:00, October 2, 2023+3.00% / -3.00%16:00, October 2, 2023+3.00% / -3.00%……+3.00% / -3.00%For the latest funding rate details, please refer to Information - Funding Rate History.Note:The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation.Find Us onTwitter | Telegram | Facebook | Discord｜Instagram｜Blog | Reddit | YouTubeBuy USDT Instantly here: https://otc.mexc.com/Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/inviteEnjoy trading on MEXC.MEXC Team1 October 2023
Dear MEXCers,In order to provide you with a better trading experience, MEXC Futures will adjust the maximum leverage multiplier and position limit for OGN USDT-M futures on September 30, 2023, at 22:00 (UTC). Please refer to the new leverage and position limit and adjust your positions and unfilled orders accordingly to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.The specific adjustments are as follows:OGNUSDT FuturesMaximum Leverage MultiplierPosition Limit (Cont.)Before Adjustment1253,400,000After Adjustment151,900,000Important Notes:Please note that the maximum leverage multiplier and position limit for the aforementioned futures trading pair may be further adjusted without prior notice. Please refer to Futures Information for the latest data.After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.After the adjustment, positions that exceed the new position limit can be closed, but you will not be able to add to them.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If the aforementioned trading pair is available in Futures Copy Trade, the corresponding maximum leverage multiplier will also be adjusted accordingly.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.Thank you for trading on MEXC Futures!Find us onTwitter|Telegram｜API Telegram |Medium|Facebook|Discord｜Instagram｜BlogBuy USDT instantly here: https://otc.mexc.com/Refer a friend to earn commissions. Create your personalized invitation link today:https://www.mexc.com/inviteEnjoy trading on MEXC.MEXC TeamOctober 1, 2023
Dear MEXCers,We are excited to announce the launch of new Futures Leaderboard, where there will be a new ranking where the top 100 users in PNL amount ranking will be further ranked by their trading volume and receive additional rewards based on their trading volume. The higher your rank, the greater your rewards. Users who participate in USDT-M futures trading will be able to check their PNL and ranking of the day on Futures Leaderboard. Show off your impressive trading skills! We look forward to your participation.Become a trading pro and win attractive prizes! Find out how to view Futures Leaderboard below.To improve the interactive experience for users, MEXC indroduces brand new upgraded UI design. Web version: Visit MEXC homepage (www.mexc.com), click on [Futures] on the navigation bar, and click on [Futures Leaderboard].Check out the ranking now >> To celebrate the launch of the new Futures Leaderboard, MEXC will be holding the 26th season of the new Futures Trading Pro Ranked Competition with a 75,000 USDT total bonus pool. A 15,000 USDT daily bonus pool will be shared every day, where the PNL ranking rewards and the trading volume ranking rewards are worth 50% of the daily bonus pool respectively. We look forward to your participation! Event RulesEvent period: 16:00, October 1 - 16:00, October 6 (UTC)Participation eligibility: Users who trade any USDT-M futures during the event period will be considered as participants automatically. Sub-accounts, market maker accounts and agencies are not eligible to participate.*Please refer to the event description below for the detailed ranking rules Event RewardsDuring the event, users will be ranked by their PNL amount on a daily basis. Users will first be ranked daily by their PNL amount, and the top 100 users will be further ranked by their PNL amount and trading volume. The top 100 users will share the daily bonus pool worth 15,000 USDT, and the bonuses will be distributed the following day. Users who ranked top 1 on both rankings can win up to 1,800 USDT bonus, and so on. Please note that only the top 100 users in PNL amount ranking can participate in sharing the bonus pool (provided their trading volume of the day ≥ 100,000 USDT). Bonus Pool 1: PNL Amount Ranking Reward50% of the total bonus pool, 7,500 USDT, will be shared daily. Bonuses will be distributed the following day.RankBonus (USDT)% of Daily Bonus PoolBonus per User (USDT)1th90012%9002nd75010%7503rd6008%6004-10th2,10028%30011-20th1,50020%15021-50th90012%3051-100th75010%15Bonus Pool 2: Trading Volume Ranking Reward50% of the total bonus pool, 7,500 USDT, will be shared daily. Bonuses will be distributed the following day.RankBonus (USDT)% of Daily Bonus PoolBonus per User (USDT)1th90012%9002nd75010%7503rd6008%6004-10th2,10028%30011-20th1,50020%15021-50th90012%3051-100th75010%15Event Terms & ConditionsPNL Amount = Realized PNL at the end of the period + Unrealized PNL at the end of the period - Realized PNL at the beginning of the period - Unrealized PNL at the beginning of the period.Yield Rate = PNL amount / (Net Asset Value at the beginning of the period + Total Deposit during the period) * 100%. (Total Deposit during the period = Total Inflow at the end of the period - Total Inflow at the beginning of the period + Bonuses claimed during the period)Each daily round will start at 00:00:00 daily and end at 24:00:00 the same day.In the event that two or more participants produce the same PNL amount, their yield rates will be used as the tie-breaker to determine the final ranking.To share the prize pool, winning participants must have a USDT-M futures trading volume ≥ 100,000 USDT on that day by the end of calculation period.Only participants with positive PNL amount and yield rate who meet the trading volume requirements are eligible to receive rewards.Only users who have entered the PNL ranking can participate in the trading volume ranking to share the bonus pool.The rewards from this event cannot be claimed in conjunction with other futures PNL rate / PNL amount ranking event rewards during the same period on the MEXC platform.Rewards will be distributed within 3 days after the event ends.Sub-accounts cannot be used as independent accounts to participate in the event.Market makers and agencies are not allowed to participate in this event.Users who did not trade during the calculation period will be excluded from the statistics. For example, if a user holds a position that was opened yesterday, but did not perform any trades today, the user will be excluded from the statistics today.Before using your bonus, please read the Futures Bonus Instructions: https://support.mexc.com/hc/en-001/articles/360054434472.MEXC reserves the right of final interpretation of the Terms & Conditions hereinabove and the right to disqualify trades that are deemed to be wash trading or illegally bulk registered accounts, self-dealing, or display attributes of market manipulation during the campaign.For more details, kindly refer to the event announcement page. Find us onTwitter | Telegram | Medium | Facebook | Discord｜Instagram｜Blog Buy USDT instantly here: https://otc.mexc.com/ Refer a friend to earn a commission. Create your personalized invitation link today:https://www.mexc.com/invite Enjoy trading on MEXC.The MEXC Team28 September 2023
Dear MEXCers,To express our gratitude for the support of both new and existing users of MEXC futures, MEXC has completely upgraded the "Super X-Game: Trade Futures with 21-200x Leverage" event, rewarding new and existing users who trade futures with ≥ 21x leverage in the current week. The event page has been comprehensively upgraded, allowing users to view real-time information such as the total number of participants in the event, prize pool unlocking progress, as well as their own progress in completing missions and ranking on the trading leaderboard. The event now includes random rewards and rewards based on accumulated trading volume, and participants can claim corresponding rewards upon completing trading volume tasks. Event Period: October 1, 2023, 16:00 - October 8, 2023, 16:00 (UTC). Click here to participateEvent Details:First Experience Task: During the event period, first-time traders who use ≥ 21x leverage in futures trading and have an accumulated trading volume ≥ 30,000 USDT will receive a 5 USDT bonus, with no limit on the number of participants!Random Reward Task (New): During the event, if you use ≥ 21x leverage in futures trading and have accumulated trading volume ≥ 4,500,000 USDT, you will have the chance to randomly receive a bonus ranging from 5 to 20 USDT, with no limit on the number of participants!Accumulated Trading Task (New): During the event, if you use ≥ 21x leverage in futures trading and have accumulated trading volume ≥ 12,000,000 USDT, you will receive a 20 USDT bonus, with no limit on the number of participants!Accumulated Trading Leaderboard Rewards: Users who use ≥ 21x leverage in futures trading and have an accumulated trading volume ≥ 10,000 USDT will have the opportunity to receive the following rewarReward AllocationTrading Volume RankingReward1st30% of unlocked bonus pool2nd - 3rdSplit 20% of unlocked bonus pool based on respective trading volume4th - 5thSplit 15% of unlocked bonus pool based on respective trading volume6th - 10thSplit 15% of unlocked bonus pool based on respective trading volume11th - 20thSplit 10% of unlocked bonus pool based on respective trading volume21st - 500thSplit the remaining unlocked bonus pool The prize pool for the event's trading leaderboard will vary based on the number of participating users. The more users participate, the higher the prize pool, with a maximum of up to 100,000 USDT in bonuses.Dynamic Prize PoolNo. of Valid Participants≥ 0≥ 60,000≥ 120,000≥ 200,000Total Prize Pool10,000 USDT bonus30,000 USDT bonus60,000 USDT bonus100,000 USDT bonus*Total Futures Trading Volume = Opening Amount + Closing Amount (all futures trading pairs included).Event Rules:1. During the event period, any futures trades with ≥ 21x leverage will automatically qualify for participation in the event.2. This event is for individual users only. Market makers and institutional accounts are not allowed to participate in this event. Sub-accounts are not allowed to participate in the event as independent accounts.3. During the event period, your futures trading volumes with ≥ 21x leverage and trading fee > 0 (open position amount + close position amount) during the event period will be counted, regardless of the trading pair.4. Rewards for first experience task cannot be claimed simultaneously with rewards for other high-leverage tasks of the same type on the platform.5. Rewards for the trading volume ranking will be distributed within 3 days after the event ends. Rewards for the other tasks will be distributed the following day.6. If you do not receive the rewards within the specified time, it may be due to triggering platform risk control. In such cases, the rewards will not be reissued.7. All participating users are requested to strictly comply with the terms of service. MEXC reserves the right to disqualify users suspected of engaging in wash trading, creating bulk accounts, self-dealing, or market manipulation during the event, as well as the right to revoke any bonus rewards received by such users.8. MEXC reserves the right to modify the terms of this event without prior notice.9. MEXC reserves the right to final interpretation of this event. Should you have any questions, please contact Customer Service.Find us onTwitter | Telegram | Medium | Facebook | Discord｜Instagram｜BlogBuy USDT Instantly Here: https://otc.mexc.com/Create your own referral link today and start inviting friends to enjoy great rebates:https://www.mexc.com/inviteEnjoy trading on MEXC.The MEXC TeamSeptember 28, 2023
Dear MEXCers,MEXC will be delisting RIOUSDT perpetual futures a 14:00 on September 28, 2023 (UTC)Please note:MEXC will be using the index price at the time of delisting as the delivery price to close all positions of the trading pairs mentioned above. All open orders of the trading pairs mentioned above will be canceled once delisted.Users are advised to search the trading pairs mentioned above using the search bar to close any open positions before delisting to minimize the risk and prevent unnecessary losses.The abovementioned trading pairs will also be delisted from futures demo trading simultaneously (if available). Kindly adjust your positions in a timely manner and trade other trading pairs.Thank you for trading with MEXC Futures!Find Us onTwitter | Telegram | Facebook | Discord｜Instagram｜Blog | Reddit | YouTubeBuy USDT Instantly here: https://otc.mexc.com/Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite Enjoy trading on MEXC.The MEXC Team28 September 2023
Dear MEXCers,In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following futures trading pairs on September 28, 2023, at 05:30 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentFRONTUSDT20015Please promptly adjust your positions and unfilled orders to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.Thank you for trading on MEXC Futures!Find us onTwitter|Telegram｜API Telegram |Medium|Facebook|Discord｜Instagram｜BlogBuy USDT instantly here: https://otc.mexc.com/Refer a friend to earn commissions. Create your personalized invitation link today:https://www.mexc.com/inviteEnjoy trading on MEXC.MEXC TeamSeptember 28, 2023
Dear MEXCers,In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following futures trading pairs on September 27, 2023, at 13:30 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentTRBUSDT5015Futures Copy Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentTRBUSDT5015Please promptly adjust your positions and unfilled orders to avoid unnecessary losses.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.Thank you for trading on MEXC Futures!Find us onTwitter|Telegram｜API Telegram |Medium|Facebook|Discord｜Instagram｜BlogBuy USDT instantly here: https://otc.mexc.com/Refer a friend to earn commissions. Create your personalized invitation link today:https://www.mexc.com/inviteEnjoy trading on MEXC.MEXC TeamSeptember 27, 2023
Dear MEXCers,MEXC will be adjusting the funding rate limit of TRB USDT-M perpetual futures on 09:30, September 27, 2023 (UTC). For the latest funding rate details, please refer to the following guide:Web: Information >> Funding Rate History.APP: Futures >> ··· >> Futures Info Notes:The funding rate of the futures mentioned above may be further adjusted. Please stay tuned for the latest announcements.Users are advised to refer to the updated funding rate before placing orders. For existing open orders, please adjust your position and margin accordingly to prevent liquidation. Find Us onTwitter | Telegram | Facebook | Discord｜Instagram｜Blog | Reddit | YouTubeBuy USDT Instantly here: https://otc.mexc.com/Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/inviteEnjoy trading on MEXC.The MEXC TeamSeptember 27, 2023
Dear MEXCers,Adhering to our principle of "Users First, Changing for You", and to provide you with a better trading experience, MEXC has launched the following new feature.Market Price / Limit Price Filter in Order History on Futures Trading Page (Web Version)The corresponding feature for the APP version is currently under development and will be launched in the near future. Please stay tuned! If you have any suggestions for product feature enhancements, please feel free to contact us at any time.Find us onTwitter | Telegram｜API Telegram | Medium | Facebook | Discord｜Instagram｜BlogBuy USDT instantly here: https://otc.mexc.com/Refer a friend to earn commissions. Create your personalized invitation link today: https://www.mexc.com/invite Enjoy trading on MEXC.MEXC TeamSeptember 27, 2023
Dear MEXCers,In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following futures trading pairs on September 27, 2023, at 08:00 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentXENUSDT7550HTUSDT20050RPLUSDT20050Please promptly adjust your positions and unfilled orders to avoid unnecessary losses.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If the aforementioned trading pairs are available in Futures Copy Trade, the corresponding maximum leverage multipliers will also be adjusted accordingly.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.Thank you for trading on MEXC Futures!Find us onTwitter|Telegram｜API Telegram |Medium|Facebook|Discord｜Instagram｜BlogBuy USDT instantly here: https://otc.mexc.com/Refer a friend to earn commissions. Create your personalized invitation link today:https://www.mexc.com/inviteEnjoy trading on MEXC.MEXC TeamSeptember 27, 2023