Dear Users,
Pionex adjusted the funding rate settlement frequency for the MAVIAUSDT USDT-M Perpetual Contract on February 21st, 2024, at 16:00 (UTC).
The detailed arrangements are as follows:
| Time (UTC) | Maximum Funding Rate |
| February 21st, 2024,16:00 | +2.00% / -2.00% |
| February 21st, 2024,20:00 | +2.00% / -2.00% |
| February 22nd, 2024,00:00 | +2.00% / -2.00% |
| February 22nd, 2024,04:00 | +2.00% / -2.00% |
| February 22nd, 2024,08:00 | +2.00% / -2.00% |
| ...... | ...... |
Please Note:
- Starting from February 21st, 2024, 16:00 (UTC), the funding rate settlement frequency for the MAVIAUSDT USDT-M Perpetual Contract will change from once every eight hours to once every four hours.
- Due to excessive market volatility in the MAVIAUSDT USDT-M Contract, Pionex will implement additional protective measures for the rules of the MAVIAUSDT USDT-M Perpetual Contract to safeguard user interests and mitigate risks during extreme market conditions. Please be aware of the risks.
Pionex Team
February 21st, 2024
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