According to Foresight News, Binance Futures will update the leverage and margin tiers of REEFUSDT U-margin perpetual contracts at 14:30 on October 16, 2024. Users' existing positions before the update will be affected. Please refer to the updated leverage and margin tiers to avoid forced liquidation. The specific adjustments are shown in the figure. In addition, Binance Futures will adjust the funding rate settlement frequency of REEFUSDT U-margin perpetual contracts at 14:30 on October 16, 2024. The funding rate settlement frequency will be adjusted from once every eight hours to once every four hours.