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      MEXC DODO USDT-M Futures Funding Rate Settlement Frequency Adjustment (August 24)

      Dear MEXCers,

      On 08:15, August 24, 2023 (UTC), MEXC has adjusted the funding rate settlement frequency for the DODO USDT-M perpetual contract. The new settlement frequency is now once every 8 hours. Details are as follows:

      Time (UTC)

      DODOUSDT Futures Maximum Funding Rate

      16:00, August 24, 2023

      +2.50% / -2.50%

      00:00, August 25, 2023

      +2.50% / -2.50%

      08:00, August 25, 2023

      +2.50% / -2.50%

      16:00, August 25, 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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      Enjoy trading on MEXC.

      MEXC Team

      24 August 2023





      Read the original article at mexc

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