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

Dear Users,

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

The detailed arrangements are as follows:

Please Note:

• The funding rate settlement frequency for the ORDIUSDT USDT-M Perpetual Contract has changed from once every eight hours to once every four hours.
• Due to excessive market volatility in the ORDIUSDT USDT-M Contract, Pionex will implement additional protective measures for the rules of the ORDIUSDT USDT-M Perpetual Contract to safeguard user interests and mitigate risks during extreme market conditions. Please be aware of the risks.

Pionex Team

November 7th, 2023