MEXC LPT USDT-M Futures Funding Rate Settlement Frequency Adjustment (August 14)

Dear MEXCers,

On 08:45, August 14, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the LPT USDT-M perpetual contract. The new settlement frequency is now once every 8 hours. Details are as follows:

Time (UTC)

LPTUSDT Futures Maximum Funding Rate

16:00, August 14, 2023

+2.50% / -2.50%

00:00, August 15, 2023

+2.50% / -2.50%

08:00, August 15, 2023

+2.50% / -2.50%

16:00, August 15, 2023

+2.50% / -2.50%

……

+2.50% / -2.50%

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.

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MEXC Team

14 August 2023