The world of cryptocurrency trading is constantly evolving, with new developments and updates emerging every day. Recently, Bitget announced a cash dividend settlement for certain stock perps, affecting traders who hold positions in MRVLUSDT, ORCLUSDT, and NTAPUSDT.

This settlement is based on the dividend distribution schedule of the underlying companies, Marvell Technology, Oracle, and NetApp. Traders who hold long positions will receive the corresponding dividend amount, while those with short positions will be deducted the dividend amount.

Cash Dividend Details

The dividend details for each stock perp are as follows: MRVLUSDT has a dividend per share of 0.06 USDT, ORCLUSDT has a dividend per share of 0.50 USDT, and NTAPUSDT has a dividend per share of 0.52 USDT. The ex-dividend date for all three is 2026-07-10(ET), and the settlement time is 2026-07-10 08:00:00(UTC+8).

The settlement rules are straightforward: long position holders will receive the dividend amount, while short position holders will be deducted the dividend amount. The settlement basis is the position snapshot at the settlement time, and positions not held at settlement will not participate.

Settlement Rules

The settlement rules are designed to ensure fairness and transparency. Traders who hold long positions will receive the dividend amount based on their position size, while those with short positions will be charged the dividend amount. The position snapshot at the settlement time will prevail, and long and short positions will be netted for the same UID.

Market Context

The cash dividend settlement is an important development in the world of cryptocurrency trading. It highlights the growing importance of stock perps and the need for traders to stay informed about market developments. With Bitget's settlement, traders can expect a more streamlined and efficient trading experience.

Conclusion

In conclusion, the cash dividend settlement on Bitget is an important update for traders who hold positions in MRVLUSDT, ORCLUSDT, and NTAPUSDT stock perps. With its transparent settlement rules and efficient processing, Bitget is committed to providing a secure and reliable trading experience. Traders who are interested in staying updated on the latest trading news and developments can visit Bitget's website for more information.