Back

Gate Announces Launch of TA Perpetual Contracts Trading

Gate will introduce ZKWASM perpetual contract trading, settled in USDT, on July 22, offering leverage options from 1x to 20x.

USDT
GT

Summary

Gate will launch the USDT margined ZKWASM perpetual contract (ZKWASMUSDT) on July 22, 2025, at 20:10 (UTC+8), allowing leverage of up to 20X. The trading commencement may be adjusted based on market conditions, with potential modifications to funding rates and maximum leverage to manage risks.

Terms & Concepts
  • Perpetual Contracts: A type of derivative that allows traders to hold positions indefinitely without an expiration date.
  • USDT: Tether, a stablecoin pegged to the US dollar, commonly used in cryptocurrency trading.
  • Leverage: The use of borrowed funds to increase potential returns on investment, allowing traders to control larger positions.