Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the DRIFTUSDT futures trading pair from 8 hour(s) to 4 hour(s), starting at 03:00 UTC on April 02, 2026.

After this adjustment, funding will occur every 4 hour(s), with the next settlement times following this rule (e.g., 04:00 UTC, 08:00 UTC, and 12:00 UTC).

Thank you for your support and understanding.

The Phemex Team