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Announcement on the Adjustment of the Funding Rate Settlement Frequency for the TRBUSDT USDT-M Perpetual Contract

Dear Users,   Pionex adjusted the funding rate settlement frequency for the TRBUSDT USDT-M Perpetual Contract. The detailed arrangements a...

Dear Users,

Pionex adjusted the funding rate settlement frequency for the TRBUSDT USDT-M Perpetual Contract.

The detailed arrangements are as follows:

Time (UTC)

October 25th, 2023, 16:00

October 25th, 2023, 20:00

October 26th, 2023, 00:00

October 26th, 2023, 04:00

October 26th, 2023, 08:00

......

Please Note:

  • The funding rate settlement frequency for the TRBUSDT USDT-M Perpetual Contract has changed from once every eight hours to once every four hours.

  • Due to excessive market volatility in the TRBUSDT USDT-M Contract, Pionex will implement additional protective measures for the rules of the TRBUSDT USDT-M Perpetual Contract to safeguard user interests and mitigate risks during extreme market conditions. Please be aware of the risks.

Pionex Team

October 25th, 2023

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