Announcement from Ouyi on Enabling the Automatic Update Function of Fund Fee Settlement Frequency Dear Ouyi user: In order to optimize the user trading experience, Ouyi will activate the automatic update function of fund fee settlement frequency at 00:00 am (UTC+8) on September 26, 2025. If the fund fee rate of a perpetual contract reaches the upper or lower limit when collecting or paying the fund fee, the system will automatically adjust the settlement frequency of the fund fee of the contract to once an hour. For details, please refer to: Introduction to Perpetual Contract Contracts The specific case is as follows: Assuming that the fund fee settlement frequency of ABCUSDT perpetual contract is once every 8 hours; Funds fees are collected or paid at 00:00, 8:00, and 16:00 (UTC+8) daily; The upper/lower limit of the funding rate is 0.375%/-0.375%. If: *If the funding rate of the ABCUSDT perpetual contract is 0.375% on September 1, 2025 at 16:00:00 (UTC+8), the system will automatically adjust the funding fee settlement frequency of the ABCUSDT perpetual contract to one hour, and the next time the funding fee will be collected or paid will be on September 1, 2025 at 17:00:00 (UTC+8). *If the funding fee rate of the ABCUSDT perpetual contract is 0.1% on September 1, 2025 at 16:00:00 (UTC+8), the system will not automatically adjust the funding fee settlement frequency of the ABCUSDT perpetual contract. Attention users: *After the system automatically adjusts the settlement frequency of fund fees to one hour, the platform will decide whether to adjust the settlement frequency of fund fees for contracts to two hours, four hours, or eight hours based on market conditions, without further announcement. Please use the perpetual contract introduction or API interface GET/ai/v5/public/funding rate to obtain the latest fund fee settlement frequency and adjust trading strategies in a timely manner. *Depending on market conditions, the platform reserves the right to disable the automatic update function for specific contracts. This feature will temporarily not be effective for BTCUDT, BTCUSD, ETHUSDT, and ETHUSDperpetual contracts. Ouyi will continue to provide you with better products and services! Ouyi team September 12th, 2025