Gate Launches COLLET Perpetual Contract Trading with Up to 20x Leverage

According to Gate’s official announcement, COLLET perpetual contracts settled in USDT are now live with leverage from 1x to 20x, alongside the launch of Gate Perp DEX.

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Summary

Gate has officially launched COLLET perpetual contract trading settled in USDT, with available leverage ranging from 1x to 20x. The announcement also confirmed the simultaneous debut of Gate Perp DEX, expanding trading options on the platform.

Terms & Concepts
  • Perpetual contract: A type of cryptocurrency derivative allowing leveraged trading without an expiry date, often settled in stablecoins like USDT.
  • USDT: Tether, a stablecoin pegged to the U.S. dollar used for crypto trading and settlements.
  • Decentralized Exchange (DEX): A blockchain-based trading platform that allows peer-to-peer transactions without centralized intermediaries.