Binance is adjusting the settlement frequency for its USDⓈ-M ORCAUSDT perpetual contract, reducing it from four hours to two hours starting April 12, 2025. This change aims to mitigate market volatility risks and improve the stability of the contracts. The adjustment will impact how often funding rates are settled on the platform, providing a faster response mechanism in case of sudden price fluctuations. Binance’s move comes after similar adjustments were implemented earlier this year but subsequently reversed. While no direct comments from industry leaders or experts have been publicly released, Binance is proactively taking steps to manage market volatility and ensure greater stability for its users. The change also allows the exchange to implement additional safety measures, such as adjusting leverage and margin maintenance, without prior notice.