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MEXC DEGEN USDT-M Futures Funding Rate Settlement Frequency Adjustment (November 15)

Dear MEXCers,

On 13:40, November 15, 2024 (UTC), MEXC has adjusted the funding rate settlement frequency for the DEGEN USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:

Time (UTC)

DEGEN USDT Futures Maximum Funding Rate

16:00, Nov 15, 2024

+3.00% / -3.00%

20:00, Nov 15, 2024

+3.00% / -3.00%

00:00, Nov 16, 2024

+3.00% / -3.00%

04:00, Nov 16, 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

15 November 2024