[Bybit Launches Automatic Adjustment Feature for Funding Rate of Perpetual Contracts] According to the official announcement, Bybit will launch the automatic adjustment feature for the funding rate settlement frequency of perpetual contracts on October 30, with plans for full-scale implementation on November 3. This new feature aims to better reflect real-time market dynamics, helping traders respond more flexibly to market fluctuations without the need to manually adjust strategies. When the funding rate of perpetual contracts reaches the preset upper or lower limit during settlement, the system will automatically adjust the settlement frequency from every 4 or 8 hours to once per hour. Depending on specific market conditions, the settlement frequency may automatically revert to every 2, 4, or 8 hours. This feature applies to most perpetual contracts but excludes certain BTC and ETH-related contracts.