[Binance to Adjust Funding Rate Mechanism for SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT Perpetual Contracts] BlockBeats News, July 14 — Binance announced that starting from July 14 at 16:15 (UTC), it will adjust the funding rate mechanism for SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT USDⓈ-M perpetual contracts, changing the funding rate settlement interval from every 8 hours to every 4 hours. Additionally, the funding rate upper/lower limits for these contracts will be uniformly adjusted to ±0.50%. Among them, SAMSUNGUSDT and HYUNDAIUSDT will officially take effect starting July 14 at 20:00 (UTC), while SKHYNIXUSDT will implement the ±0.50% rate limit starting from the 16:00 (UTC) settlement. Binance stated that it will dynamically adjust contract parameters based on market risk conditions in the future, including funding rates, minimum tick size, maximum leverage, and margin requirements.