Gate Launches Pre-Trading for MET and MON USDT-Settled Perpetual Contracts

Gate introduces EUL perpetual contracts with up to 20x leverage, expanding its derivative offerings alongside the launch of Gate Perp DEX.

USDT

186d ago

Summary

Gate has officially launched EUL perpetual contract trading, settled in USDT, offering leverage from 1x to 20x. The launch includes the simultaneous introduction of Gate Perp DEX, expanding the platform's derivatives market for users.

Terms & Concepts

Perpetual Contract: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
USDT Settlement: Perpetual contract settlements denominated in Tether (USDT), a stablecoin pegged to the US dollar.
Leverage: A trading mechanism that enables investors to control a larger position than their capital would otherwise allow, magnifying both gains and losses.