Bybit Launches Dynamic Settlement System to Improve Real-Time Funding Rate Adjustments

Crypto exchange Bybit has announced the launch of a new Dynamic Settlement Frequency System for its Perpetual Contracts, designed to enhance trading efficiency in volatile markets. The system automatically adjusts settlement intervals in real-time based on market volatility, with higher frequencies during periods of high volatility and slower intervals when conditions stabilize. This will enable funding rate adjustments to more closely reflect live market movements. 8 a.m. UTC+8 example: When the funding rate hits its preset ±2% limit at 8 a.m., the settlement frequency will switch to once per hour, ensuring accurate reflection of market momentum while mitigating potential distortions.