#AirdropStepByStep Update: Funding Rate Settlement Frequency for $USDC -M SIGNUSDT Perpetual Contract (Effective 2025-04-29)

Dear Binancians,

Binance Futures will increase the funding rate settlement frequency for the USDⓈ-M SIGNUSDT Perpetual Contract from every four hours to every one hour, effective 2025-04-29 at 10:00 (UTC).

Key Details:

Important Notes:

To safeguard users and manage risks during high market volatility, Binance Futures may implement protective measures without prior notice. These could include:

Adjusting leverage, position limits, or margin requirements

Updating funding rate components (e.g., interest rate, premium, capped rate)

Modifying price index composition

Applying the Last Price Protected mechanism for Mark Price updates

Learn More:

[Liquidation Protocols]

[Leverage & Margin Details for USDⓈ-M Contracts]

[Intro to Funding Rates on Binance Futures]

Note: In case of any differences between translated and English content, the English version shall prevail.

Thank you for your continued support!

— The Binance Team

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