Binance Revises ORCAUSDT Funding Rate Settlement Frequency – Coincu
The post Binance Revises ORCAUSDT Funding Rate Settlement Frequency – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Binance alters ORCAUSDT funding rate to two-hour intervals starting April 12, 2025. Adjustment aims to mitigate market volatility risks. No direct responses from key industry figures currently available. Starting April 12, 2025, at 08:00 UTC, Binance will adjust the funding rate settlement frequency for its USDⓈ-M ORCAUSDT perpetual contract from four hours to two hours. The change is intended to address market volatility conditions. The adjustment in Binance’s funding rate frequency intends to mitigate risks of extreme market volatility, offering protection through shorter intervals. The change also allows Binance to implement additional safety measures without prior notice, such as adjusting leverage and margin maintenance. Volatility Management: Binance’s Strategic Move Binance’s official announcement outlines a new approach to managing the ORCAUSDT funding rate. Effective April 12, 2025, the rate will be settled every two hours rather than every four. This adjustment follows similar changes announced in March that were later reverted. “It appears that there is no available direct commentary or quotes related to the specific topic of the Binance announcement regarding the funding rate settlement frequency for the ORCAUSDT perpetual contract.” The altered frequency aims to better manage market volatility. Binance may also implement further measures including adjusting maximum leverage, position values, or even funding rate updates. This flexibility provides a wider range of responses to stabilize market conditions. There have been no direct market reactions or comments from influential figures, such as Binance’s leadership or well-known crypto experts. However, maintaining a proactive approach to volatility management indicates Binance’s ongoing commitment to maintaining market stability. Historical Context, Price Data, and Expert Insights Did you know? The ORCA token has seen significant fluctuations, with a 129.77% price increase over the last 30 days and a 58.48% rise over the past week. According to CoinMarketCap, Orca (ORCA) is currently priced…
Filed under: News - @ April 12, 2025 6:11 am