# Futures

Step into the ultimate crypto challenge with our very own “Squid Game”! Will you play it safe or take the leap to grow your fortune? The choice is yours—let the excitement begin!Event Period: Jan 26, 2025, 07:00 UTC – Feb 2, 2025, 07:00 UTCHow it WorksGrow the Prize Pool by ReferralsIf all participants collectively invite a total of 15 new users daily who complete KYC verification and make their first Futures trade, the last two digits of BTC’s closing price (in USDT) on that day will be added to the final prize pool.Additionally, the top referrer who invites at least 15 valid referees during the event period and ensures they complete their first Futures trade will receive 5 TRUMP.Grow the Prize Pool by Daily TradingIf the total daily Futures trading volume of all participants reaches 15 million USDT, the last three digits of BTC’s closing price (in USDT) on that day will be added to the prize pool. Participants can continue accumulating rewards daily if the trading volume target is met, until the event ends.Reward DistributionAt the end of the event, the total prize pool will be distributed based on individual users' Futures trading volume rankings as follows:Trading Vol. RankingPrize Pool Share120%215%310%4-1020% (shared proportionally based on trading volume)11-3020% (shared proportionally based on trading volume)31-10015% (shared proportionally based on trading volume)Terms and ConditionsThis event is only available to users from Malaysia.Users must complete KYC verification to be eligible for rewards.Rewards will be distributed within 7 business days after the event ends.All Futures trades made during the event will count toward the total trading volume (Position Opening + Position Closing), excluding Futures trades with 0 fees and stablecoin Futures such as USDCUSDT.Trading volumes generated from the sub-accounts will be combined with the main account for final calculations.Users must complete valid Futures trades daily during the event to qualify for a share of the final prize pool.Participants must comply with the MEXC Terms of Service. MEXC reserves the right to disqualify users suspected of wash trading, bulk account creation, self-dealing, or market manipulation, and to revoke any associated rewards.MEXC reserves the right to modify the terms of this event without notifying users in advance.MEXC reserves the right of final interpretation of this event. If you have any questions, please contact our customer service team.

In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following futures trading pairs on January 26, 2025, at 07:30 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentVINEUSDT5020Futures Copy Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentVINEUSDT5020Please promptly adjust your positions and unfilled orders to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.

MEXC Futures will be launching NEWUSDT perpetual futures trading pair at 03:20, January 26, 2025 (UTC).NEWUSDT will support 1-20x adjustable leverage in both cross and isolated margin modes. It will be made available on the MEXC App and website. We welcome you to experience trading the newly listed futures trading pairs.Thank you for trading with MEXC Futures!

On 17:10, January 25, 2025 (UTC), MEXC has adjusted the funding rate settlement frequency for the TOSHI USDT-M perpetual futures. The new settlement frequency is now once every 4 hours. Details are as follows:Time (UTC)TOSHI USDT Futures Maximum Funding Rate20:00, Jan 25, 2025+4.00% / -4.00%00:00, Jan 26, 2025+4.00% / -4.00%04:00, Jan 26, 2025+4.00% / -4.00%08:00, Jan 26, 2025+4.00% / -4.00%……+4.00% / -4.00%For the latest funding rate details, please refer to Information - Funding Rate History.Note:The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation.

On 16:00, January 25, 2025 (UTC), MEXC adjusted the funding rate settlement frequency for the STPT USDT-M Perpetual Futures. The new settlement frequency is now once every 4 hours. MEXC adjusted the funding rate settlement frequency for the BAN USDT-M Perpetual Futures. The new settlement frequency is now once every 2 hours. Details are as follows:Time (UTC)STPT USDT Futures Maximum Funding Rate20:00, January 25, 2025+3.00% / -3.00%00:00, January 26, 2025+3.00% / -3.00%04:00, January 26, 2025+3.00% / -3.00%08:00, January 26, 2025+3.00% / -3.00%……+3.00% / -3.00%Time (UTC)BAN USDT Futures Maximum Funding Rate18:00, January 25, 2025+3.00% / -3.00%20:00, January 25, 2025+3.00% / -3.00%22:00, January 25, 2025+3.00% / -3.00%00:00, January 26, 2025+3.00% / -3.00%……+3.00% / -3.00%For the latest funding rate details, please refer to Information - Funding Rate History.Note:The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation.

In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following Futures trading pairs on January 25, 2025, at 15:30 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentVINEUSDT10050Futures Copy Trade PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentVINEUSDT7550Please promptly adjust your positions and unfilled orders to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.

In order to provide you with a better trading experience, MEXC Futures will lower the maximum leverage multiplier for the following Futures trading pairs on January 25, 2025, at 15:30 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentSTPTUSDT5020Futures Copy Trade PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentSTPTUSDT5020Please promptly adjust your positions and unfilled orders to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.

In order to provide you with a better trading experience, MEXC Futures has lowered the maximum leverage multiplier for the following Futures trading pairs on January 25, 2025, at 11:00 (UTC).Futures Trading PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentBANUSDT5020Futures Copy Trade PairMaximum Leverage Multiplier Before AdjustmentMaximum Leverage Multiplier After AdjustmentBANUSDT5020Please promptly adjust your positions and unfilled orders to avoid unnecessary losses. The closing PNL is related to the closing quantity, the average position price, and the closing price. Adjusting the leverage multiplier will not affect your closing PNL.Important Notes:After the adjustment, positions that exceed the new maximum leverage multiplier can be closed, but you will not be able to add to them. Please modify your positions to fall within the new supported leverage range to resume normal trading.If you have limit orders that exceed the new maximum leverage limit, they can still be filled. However, you will not be able to place new orders. We recommend that you cancel these orders and modify them to fall within the new supported leverage range to resume normal trading.For any trigger orders and trailing stop orders that exceed the new maximum leverage limit, they will not be filled if triggered. We recommend that you cancel these orders and modify them to fall within the new supported leverage range.If you have set a fixed leverage multiplier for your copy trades, and the set leverage exceeds the new maximum leverage multiplier, your orders will not be filled. Please manually modify the leverage multiplier in Copy Trade settings to fall within the new supported leverage range.

 On 11:00, January 25, 2025 (UTC), MEXC adjusted the funding rate settlement frequency for the WAT USDT-M Perpetual Futures. The new settlement frequency is now once every 4 hours. Details are as follows:Time (UTC)WAT USDT Futures Maximum Funding Rate12:00, January 25, 2025+3.00% / -3.00%16:00, January 25, 2025+3.00% / -3.00%20:00, January 25, 2025+3.00% / -3.00%00:00, January 26, 2025+3.00% / -3.00%……+3.00% / -3.00%For the latest funding rate details, please refer to Information - Funding Rate History.Note:The settlement frequency mentioned above may be further adjusted. Please stay tuned to the latest announcements.Users are advised to refer to the updated funding rate before placing orders. For existing orders, please adjust your position and margin accordingly to prevent liquidation. 

MEXC will be delisting DOP USDT, SILLYUSDT and PENGUSDT perpetual futures at 07:00 on January 30, 2025 (UTC)Please note:MEXC will be using the fair price at the time of delisting as the delivery price to close all positions of the trading pairs mentioned above.All open orders of the trading pairs mentioned above will be canceled once delisted.Users are advised to search the trading pairs mentioned above using the search bar to close any open positions before delisting to minimize the risk and prevent unnecessary losses.The abovementioned trading pairs will also be delisted from futures demo trading simultaneously (if available). Kindly adjust your positions in a timely manner and trade other trading pairs.Thank you for trading with MEXC Futures!