MEXC VELODROME USDT-M Futures Funding Rate Settlement Frequency Adjustment (December 14)

Dear MEXCers,

On 02:55, December 14, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the VELODROME USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

VELODROME USDT Futures Maximum Funding Rate

04:00, Dec 14, 2024

+3.00% / -3.00%

08:00, Dec 14, 2024

+3.00% / -3.00%

12:00, Dec 14, 2024

+3.00% / -3.00%

16:00, Dec 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

14 December 2024