Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the NEWTUSDT futures trading pair from 4 hours to 1 hours, starting at 04:00 UTC on June 25, 2025. After this adjustment, funding will occur every 1 hour, with the next settlement times following this rule (e.g., 05:00 UTC, 06:00 UTC, etc).

Thank you for your support and understanding.

The Phemex Team