According to Odaily’s official announcement, Binance continues to evaluate its products and services to ensure a high-quality experience for all users. Based on the results of the recent review, Binance Futures will adjust the funding rate settlement frequency of some U-standard perpetual contracts from once every eight hours to once every four hours at 16:00 on October 12 (Eastern Eighth District time). Starting from 16:00 on October 9th (Eastern Eighth District time), the upper and lower limits of the funding rate of some U-standard perpetual contracts will be updated to 3% and -3%. This adjustment applies to all U-margined perpetual contracts with a maximum leverage of 25x or less. If the maximum leverage of a certain contract is reduced to 25x or below, the upper and lower limits of the funding rate of the contract will be automatically updated to 3% and -3% without further announcement.