Starting April 12, 2025, Binance will alter the funding rate settlement frequency for its ORCAUSDT perpetual contract from four hours to two hours, aiming to address market volatility risks.
Volatility Management: Binance's Strategic Move
Binance's official announcement discusses a new approach to managing the funding rate for ORCAUSDT. This adjustment aims to better handle market volatility conditions, allowing Binance to implement additional safety measures more quickly.
Historical Context, Price Data, and Expert Insights
Over the last month, the ORCA token has seen a significant price increase of 129.77%. Currently, the price of ORCA is $3.39 with a market cap of $189.10 million. Coincu's analysts suggest that this revised funding strategy could lead to more efficient risk management and bolster investor confidence.
Conclusion
The adjustment of the funding rate frequency for ORCAUSDT reflects Binance's commitment to proactive volatility management in the market, potentially enhancing investor safety in perpetual contracts.
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