Binance will adjust the settlement frequency of the funding rate for ORCA perpetual contracts
ChainCatcher news, according to an official announcement from Binance, starting from April 12, 2025, 08:00 (UTC), the funding rate settlement frequency for the USDⓈ-M ORCAUSDT perpetual contract will be adjusted from every 4 hours to every 2 hours.The announcement also stated that to mitigate the risks of extreme market volatility, Binance may implement additional protective measures without prior notice, including but not limited to adjusting the maximum leverage, position value, margin maintenance rates at various levels, updating the funding rate, and changing the composition of the price index.