Dear BitTap Users,
To optimize the funding rate settlement mechanism for the LAB/USDT futures trading pair and improve market operating efficiency and the trading experience for users, BitTap is now adjusting the funding rate settlement frequency for this futures pair.
Effective upon this announcement, the funding rate settlement frequency for the LAB/USDT futures trading pair will be adjusted from every 4 hours to every 1 hour. This adjustment affects only the funding rate settlement cycle of this futures trading pair and does not affect its normal trading functions or any other product functions. Funding rates will continue to be calculated in accordance with platform rules and actual market conditions, with the final result subject to the actual charges applied.
Please note that funding rates may change dynamically in response to market supply and demand, position structure, and overall futures market conditions. We recommend that you monitor position risk in a timely manner, manage your positions and funds prudently, and make corresponding adjustments based on your own trading strategy. Official announcements from some exchanges also specifically remind holders to reassess hedging strategies and risk exposure; BitTap also recommends that you monitor position changes after this adjustment.
Thank you for your understanding and support.
BitTap Team
June 1, 2026