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      Adjustment to LAYER Funding Rate Settlement Frequency (February 12, 2025)

      Effective from 04:50 UTC on February 12, 2025, MEXC has adjusted the funding rate settlement frequency for the LAYER Perpetual Futures pair. The new settlement frequency is now once every 2 hours. Details are as follows:

      Time (UTC)

      Max. Funding Rate

      06:00, February 12, 2025

      +3.00% / -3.00%

      08:00, February 12, 2025

      +3.00% / -3.00%

      10:00, February 12, 2025

      +3.00% / -3.00%

      12:00, February 12, 2025

      +3.00% / -3.00%

      ……

      +3.00% / -3.00%


      For the latest funding rate details, please visit:

      • Web: Navigate to Information Funding Rate History

      • App: Go to Futures ... Futures Info

      Notes:

      1. The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.

      2. Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent potential asset loss. 


      Thank you for your continued support. 


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