Binance will adjust the leverage of LAYERUSDT U-based perpetual contracts, maintain margin tiers, and adjust the frequency of fund rate settlements

Odaily Planet Daily News: According to official announcements, the Binance contract will update the LAYERUSDT U-based perpetual contract leverage and margin ladder on February 12, 2025 at 12:45 (GMT+8 time). Users' existing positions before the update will not be affected. Please refer to the updated leverage and margin ladder to avoid forced liquidation. Binance contracts will adjust the settlement frequency of LAYERUSDT U-based perpetual contract fund rates on February 12, 2025 at 12:45 (GMT+8 time). The frequency of fund rate settlement will be adjusted from once every eight hours to once every four hours.