Phemex to Adjust the Funding Interval for SOLUSD and FTTUSD Contracts

Author: Alan W. Date: November 10, 2022

Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of SOLUSD and FTTUSD contract trading pairs from 8 hours to 2 hours, starting at 16:00 UTC on November 10, 2022.

Note that the old interval may still be temporarily displayed on APP version, and this will be rectified during next week’s APP upgrade. The actual funding interval for these two contracts will be 2 hours across the entire platform starting at 16:00 UTC on Nov. 10.

Thank you for your support and understanding.

Phemex Team