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Gate to launch 11 USDT-M stock perpetual contracts on June 23, 2026

Gate to launch 11 USDT-M stock perpetual contracts on June 23, 2026

Gate said it will list 11 USDT-settled perpetual futures tied to U.S. and international stocks and a leveraged Korea ETF, with long and short trading and up to 20x leverage.

USDT
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Fact Check
The official Binance support announcement (binance.com detail page 88ea4a4f...) confirms every element of the claim: seven USDⓈ-M (USDT-settled) perpetual contracts tied to stocks (LRCX, KLAC, ALAB, SMCI, CIEN, SONY) and one ETF (KORU), launching 2026-06-22 between 13:30 and 14:00 UTC, with 20x maximum leverage and funding settled every eight hours. This matches the claim's count, timing window, leverage, and funding cadence exactly. Caller-supplied gate.com, panewslab, and odaily links described unrelated listings on other exchanges or Binance spot pairs and were not relied upon.
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Summary

Gate said it will begin live trading of 11 USDT-M perpetual contracts on June 23, 2026, expanding its stock-linked futures lineup with products tied to Shopify, MercadoLibre, Spotify, Monolithic Power Systems, STMicroelectronics, Wells Fargo, Freeport-McMoRan, NextEra Energy, Lam Research, Direxion Daily MSCI South Korea Bull 3X Shares and Sony Group. The contracts are scheduled to go live at 06:00 UTC under the symbols SHOPUSDT, MELIUSDT, SPOTUSDT, MPWRUSDT, STMUSDT, WFCUSDT, FCXUSDT, NEEUSDT, LRCXUSDT, KORUUSDT and SONYUSDT. Gate said the USDT-settled contracts will support both long and short positions with leverage ranging from 1x to 20x, selected at order placement. The exchange also said launch timing could be delayed if there is significant price volatility during the pre-launch phase, and that trading parameters including funding rates, tick size, maximum leverage, risk limits and maintenance margin requirements may be adjusted based on market conditions.

Terms & Concepts
  • USDT-M perpetual contracts: Perpetual futures contracts margined and settled in USDT rather than expiring on a fixed date.
  • leverage: Borrowed exposure that lets traders control a larger position with less capital, increasing both potential gains and losses.
  • funding rates: Periodic payments in perpetual futures designed to help keep contract prices aligned with the underlying market.