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Gate to Launch USDT-Margined DMC Perpetual Contract with 20X Leverage

Gate will introduce MGO and DMC perpetual contracts on June 24, 2025, enabling leveraged trading for users with risk management adjustments.

Summary

Gate will launch MGO perpetual contract trading on June 24, 2025, at 17:05 UTC+8, followed by DMC perpetual contract trading at 19:05 UTC+8, both with USDT settlement and leverage options of 1-20x.

Terms & Concepts
  • Perpetual Contract: A perpetual contract is a type of futures contract that does not have an expiration date, allowing traders to hold positions indefinitely.
  • Leverage: Leverage is the use of borrowed funds to increase the potential return on investment, allowing traders to control larger positions than their initial capital.
  • USDT (Tether): USDT is a stablecoin pegged to the US dollar, used widely in cryptocurrency trading to provide liquidity and stability.