Bybit Introduces Dynamic Settlement Frequency for Perpetual Contracts

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new automated settlement frequency adjustment feature for its Perpetual Contracts. Effective October 30, 2025, at 8 a.m. UTC, this functionality will automatically adjust settlement frequencies based on real-time market conditions. When the funding rate of a Perpetual Contract reaches pre-set upper or lower limits, the system will automatically shift the frequency to once per hour. This adjustment ensures that funding rates accurately reflect prevailing market dynamics and volatility.