Gate.io's explanation regarding the adjustment of the funding rate frequency and limits for NXPC Perptual Futures.

To enhance user trading experience and drop the risks brought by rapidly changing market conditions, we will adjust the funding rate execution frequency and limits for the NXPC Perptual Futures. The adjustment will take effect on May 15, 2025, at 16:00 (UTC+8). The detailed adjustments are as follows:

NXPCUSDT Perptual Futures: The settlement period is adjusted to every 2 hours, and the funding rate limits are adjusted to ±3%.

Affected users are requested to adjust their trading strategies in advance. <sp> Gate.io team May 15, 2025 <sp> Gate of Cryptocurrency Small-cap contract first station Take Action Now <a href=“https://www.gate.io/signup” target=“_blank”>Register an account</a>, get up to $10,000 in welcome rewards <a href=“https://www.gate.io/referral” target=“_blank”>Invite others to register</a>, you can earn a 40% commission Follow official channels <a href=“https://www.gate.io/” target=“_blank”>Visit Gate.io Official Website</a> <a href=“https://www.gate.io/mobileapp” target=“_blank”>Download Gate.io App | Desktop</a> <a href=“https://x.com/Gateio_zh” rel=“nofollow noopener noreferrer” target=“_blank”>Follow X (Twitter)</a>, for the latest benefits. <a href=“https://t.me/gate_zh” rel=“nofollow noopener noreferrer” target=“_blank”>Join the Telegram community</a> to discuss hot topics. <a href=“https://www.gate.io/community” target=“_blank”>Join the global community</a> for the latest news Transparency Guarantee <a href=“https://www.gate.io/proof-of-reserves” target=“_blank”>View 100% reserve proof</a><sp></sp><sp></sp>