MEXC URO, SEND and VELODROME USDT-M Futures Funding Rate Settlement Frequency Adjustment (December 13)

Dear MEXCers,

On 12:55, December 13, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the URO, SEND and VELODROME USDT-M perpetual futures. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

URO USDT Futures Maximum Funding Rate

16:00, December 13, 2024

+3.00% / -3.00%

00:00, December 14 , 2024

+3.00% / -3.00%

08:00, December 14, 2024

+3.00% / -3.00%

16:00, December 14, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

SEND USDT Futures Maximum Funding Rate

16:00, December 13, 2024

+3.00% / -3.00%

00:00, December 14 , 2024

+3.00% / -3.00%

08:00, December 14, 2024

+3.00% / -3.00%

16:00, December 14, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%


Time (UTC)

VELODROME USDT Futures Maximum Funding Rate

16:00, December 13, 2024

+3.00% / -3.00%

00:00, December 14 , 2024

+3.00% / -3.00%

08:00, December 14, 2024

+3.00% / -3.00%

16:00, December 14, 2024

+3.00% / -3.00%

……

+3.00% / -3.00%

For the latest funding rate details, please refer to Information - Funding Rate History.

Note:

  1. The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.

  2. 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.


Enjoy trading on MEXC.

MEXC Team

13 December 2024