Gate expands NIGHT offerings with perpetual contracts and leverage options, introducing margin tools, lending, and trading automation alongside its spot trading and rewards program.
Gate, a cryptocurrency exchange, announced it will launch Midnight (NIGHT) perpetual contracts on December 9 at 18:10 UTC+8, settled in USDT with up to 20x leverage. Additional NIGHT features will include unified account lending, margin trading, savings, and collateralized loans, with trading bots and copy trading available one hour after launch. This complements its earlier plan to start NIGHT spot trading and run a Launchpool event offering 1,250,000 NIGHT tokens in rewards, plus a 25% airdrop bonus for ETH stakers who move assets to a 7-day product immediately after redemption.