MEXC Adjusts LYTEUSDT Funding Settlement to 8H

Key facts

• Effective Aug 17, 2026, 14:30 UTC, LYTEUSDT funding settlement frequency changed to once every 8 hours.
• Listed max funding rates: +3.00% / -3.00% at Aug 17 16:00, Aug 18 00:00, Aug 18 08:00, Aug 18 16:00 UTC.
• MEXC states the settlement frequency may be further adjusted; users should monitor announcements.
• Users are advised to check the updated funding rate before placing orders.
• For existing orders, MEXC advises adjusting position and margin to prevent potential asset loss.
• Funding rate details are available on MEXC web and app interfaces.

Key timeline

Who may be affected

• Traders holding LYTEUSDT perpetual futures positions on MEXC.
• Users placing new orders on LYTEUSDT perpetual futures.
• Users with existing LYTEUSDT positions who need to manage margin.

Impact analysis

The change to an 8-hour funding settlement frequency means funding payments will occur three times per day instead of the previous frequency (not specified). This increases the frequency of cash flows between long and short positions, which can affect trading strategies and margin requirements. The maximum funding rate is capped at +3.00% / -3.00% for the listed times, but actual rates may vary. Traders with open positions will see more frequent funding deductions or additions, potentially impacting their margin balance. MEXC's advice to adjust positions and margin suggests that the change could affect position viability. The announcement does not specify the previous frequency, so the magnitude of change is unknown. Users should verify the current funding rate before trading and ensure their margin levels are adequate for more frequent settlements.

Risk notes

• More frequent funding settlements can lead to higher cumulative funding costs over time.
• The maximum funding rate is capped, but actual rates may be lower or higher within the cap.
• MEXC warns of potential asset loss if positions and margin are not adjusted accordingly.
• The settlement frequency may be further adjusted, introducing uncertainty for traders.
• This article is for verification of exchange official announcements only and does not constitute investment or trading advice.

This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.

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