🚨🏦
#BANUSDT 🚀
#BinanceUpdates 📰🚨
🚀 Binance Futures Updates Funding Rate Settlement Frequency for BANUSDT Perpetual Contract! 💰🔥
💡 What’s Changing?
⏩ Faster Settlements! – Binance Futures reduces the funding rate settlement frequency from every 4 hours to every 2 hours for USDⓈ-M BANUSDT Perpetual Contracts. ⏳💸
📅 Effective Date: February 24, 2025, at 08:00 (UTC).
🔎 New Funding Rate Schedule
✔ ⏰ Every 2 hours: Funding rates will now be settled at 08:00, 10:00, 12:00, 14:00 UTC, and so on.
✔ 📊 Max Funding Rate: +3.00% / -3.00% across all intervals. 🚀📈
⚠️ Important Notes
✔ 🛡️ Risk Management Measures: Binance may implement additional protections like:
Adjusting leverage, position values, and maintenance margins. 📉⚖️
Updating funding rate components, including interest rates and premium caps. 💱🔍
Modifying price index constituents for better accuracy. 📊🔄
✔ 🚨 No Prior Announcement for Changes: Binance reserves the right to adjust parameters based on market conditions. 🔄📢
📖 Learn More
📌 Liquidation Protocols
📌 Leverage & Margin of USDⓈ-M Futures
📌 Binance Futures Funding Rates