Binance will adjust the leverage of LAYER U perpetual contracts, maintain the margin tier, and change the funding fee settlement frequency

ChainCatcher news, according to the official announcement, Binance Futures will update the leverage and margin tiers for the LAYERUSDT U-margined perpetual contract on February 12, 2025, at 12:45 (UTC+8). Existing positions before the update will not be affected. Users are advised to refer to the updated leverage and margin tiers to avoid forced liquidation.

Binance Futures will adjust the funding fee settlement frequency for the LAYERUSDT U-margined perpetual contract on February 12, 2025, at 12:45 (UTC+8). The funding fee settlement frequency will be changed from once every eight hours to once every four hours.