Binance alters funding rate schedule for select perpetual contracts

Binance has adjusted the funding rates for NKNUSDT and BROCCOLIF3BUSDT contracts to occur every four hours. This change is intended to improve market responsiveness while maintaining volatility control.

Currently, NKN is trading at 0.05 USD, showing a dramatic 89.87% surge in the last 24 hours. However, a 43.12% decline over the last 90 days indicates broader volatility in its performance.

Previous historical data suggests that changes in funding intervals can help stabilize markets during volatile conditions. Discussions within the trading community continue, but no immediate reactions from regulators or influencers have been observed.

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