Dear Users,

Due to volatile market conditions, Phemex will adjust the funding interval of the REDUSDT futures trading pair from 1 hour(s) to 4 hour(s), starting at 11:10 UTC on October 02, 2025.

After this adjustment, funding will occur every 4 hour(s), with the next settlement times following this rule (e.g., 12:00 UTC, 16:00 UTC, and 20:00 UTC).

Thank you for your support and understanding.

The Phemex Team