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Announcement on the Adjustment of the Maximum Funding Rate for the TRBUSDT, BLZUSDT USDT-M Perpetual Contract

Dear Users,   Pionex adjusts the maximum funding rate for the TRBUSDT, BLZUSDT USDT-M Perpetual Contract. The detailed arrangements are as...

Dear Users,

Pionex adjusts the maximum funding rate for the TRBUSDT, BLZUSDT USDT-M Perpetual Contract.

The detailed arrangements are as follows:

Time (UTC)

Maximum Funding Rate

September 19th, 2023, 08:00

+1.50% / -1.50%

September 19th, 2023, 16:00

+1.50% / -1.50%

September 20th, 2023, 00:00

+1.50% / -1.50%

September 20th, 2023, 08:00

+1.50% / -1.50%

September 20th, 2023, 08:00

+1.50% / -1.50%

......

......

Please Note:

  • The multiplier cap for the funding rate of the TRBUSDT, BLZUSDT USDT-M Perpetual Contract has been adjusted from 0.75 to 1.

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

Pionex Team

September 19th, 2023

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