CEX will adjust the funding rate settlement frequency for ORCA U-based Perptual Futures.

2025-03-21 09:38:00

On March 21, according to the official announcement, CEX will adjust the funding rate settlement frequency of the ORCA U-based Perptual Futures from every four hours to every two hours starting from March 21, 2025, at 18:00 (UTC+8). In addition, CEX contracts may take additional protective measures under extreme market conditions, including but not limited to adjusting the maximum leverage, Position value, and maintaining Margin.

ORCA1,3%

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GateUser-edc09e1d

· 2025-03-21 09:59

I just want to understand how we can resolve the Liquidation that happened to us before. I opened a position at 4.01 and got Liquidated at 4.02. It was only 3 times leverage, so don't tell me that the leverage was too high.

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HeavyPositionSwag