Dear SuperExers,
To mitigate market risks and optimize the user experience, SuperEx will adjust the funding fee settlement frequency for the following contracts on April 25, 2025:
-
ALPACAUSDT USDT-margined perpetual contract: The settlement frequency will be adjusted from every 2 hours to every 1 hour.
-
FLMUSDT USDT-margined perpetual contract: The settlement frequency will be adjusted from every 4 hours to every 2 hours.
Please Note:
To protect user interests and reduce potential risks under extreme market conditions, SuperEx may implement additional protective measures for the ALPACAUSDT and FLMUSDT USDT-M perpetual contract and other perpetual contracts without further announcements. These potential protective measures include, but are not limited to:
Adjusting leverage and margin (including the maximum leverage per tier, position limits, and maintenance margin rates)
Adjusting funding rates (including base interest rate, premium index, and rate caps)
Changing the components of the price index
Adopting a "Last Traded Price Protection Mechanism" for updating the mark price.
For more information, please refer to:
Introduction to Perpetual Funding Fee Rules
Forced Liquidation Explanation
Leverage Multiplier and Margin
If you have any questions, please contact our online customer service, thank you for your support to SuperEx.com.
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SuperEx.com reserves the right to modify, change, or cancel this announcement at any time for any reason at its sole discretion.
SuperEx team
April 25, 2025