Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the ZORAUSDT, INITUSDT, MEMEFIUSDT, FISUSDT & JSTUSDT futures trading pair from 8 hours to 4 hours, starting at 16:00 UTC on April 29, 2025. After this adjustment, funding will occur every 4 hours, with the next settlement times following this rule (e.g., 20:00 UTC, 24:00 UTC, etc).

Phemex will also adjust the funding interval of the SIGNUSDT futures trading pair from 8 hours to 2 hours, starting at 16:00 UTC on April 29, 2025. After this adjustment, funding will occur every 2 hours, with the next settlement times following this rule (e.g., 18:00 UTC, 20:00 UTC, etc).

Thank you for your support and understanding.

Phemex Team