Gate will Adjust the Funding Interval for NKN and Capped Funding Rate for MAGIC Perpetual Contracts

To provide better user experience and mitigate risks to users on the current market conditions, Gate will adjust the funding interval of NKNUSDT perpetual contract to every 4 hours, starting 08:00 (UTC), April 21, 2025.

To provide users with enhanced trading experience, Gate periodically reviews perpetual specifications and parameters based on market conditions and may make adjustments accordingly. After the recent review, Gate will adjust the capped funding rate of MAGICUSDT perpetual to +2%/-2%, starting 07:30 (UTC), April 21, 2025.

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Should you have any questions, don’t hesitate to contact our 24/7 customer support.
Thank you for your continued support.

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