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Gate Launches Uber and Home Depot Perpetual Contract Trading

According to the company’s official statement, both new listings support 1x to 20x leverage for traders using the platform’s derivatives market.

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Summary

Gate said it has launched perpetual contract (derivatives contract without expiry) trading for Uber and Home Depot. According to the company, both products support leverage (borrowed exposure for larger positions) ranging from 1x to 20x. The announcement expands the platform’s derivatives market with two new contract listings tied to Uber and Home Depot.

Terms & Concepts
  • Perpetual contract: A derivatives contract with no expiration date, typically tracked to an underlying asset price and often used with leverage.
  • Leverage: Borrowed exposure that allows traders to control a larger position with less capital, increasing both potential gains and losses.
  • Derivatives market: A market where financial contracts derive value from an underlying asset rather than representing direct ownership of it.