Binance Boosts BANUSDTU Perpetual: Dynamic Funding Rate Every Two Hours

Binance Futures, a leading cryptocurrency derivatives platform, has announced a significant enhancement to its BANUSDTU perpetual contract. Effective February 24, 2025, at 16:00 (UTC+8), the funding rate settlement frequency for this contract will be increased from the current four-hour intervals to a more dynamic two-hour schedule.

This change is designed to improve liquidity and provide traders with a more efficient trading experience, aligning with the growing demands of the cryptocurrency market. The new funding rate frequency will allow for a higher granularity in position management, enabling traders to make more timely decisions and better manage their risks.

Binance Futures' commitment to providing an optimized trading environment is evident in this update. The platform continues to evolve and adapt to the rapidly advancing world of crypto trading, ensuring that it caters to the needs of its diverse user base.