Gate Launches New Index and Metals Perpetual Contracts on Perp DEX

Gate's latest launch introduces NAS100, UK100, SPX500, XPT, and XPD perpetual contracts with 1–10x leverage, USDT settlement, and Perp DEX integration, enhancing trading opportunities for users.

USDT

49d ago

Summary

Gate officially launched a new index section on January 23, debuting NAS100, UK100, and SPX500 perpetual contracts with 1–10x leverage, USDT settlement, and Gate Perp DEX integration. XPT and XPD precious metal perpetual contracts were also introduced with similar trading conditions, expanding the platform’s offerings in both indices and metals.

Terms & Concepts

Perpetual Contract: A type of derivative with no expiry date, allowing continuous trading based on the underlying asset's price.
Leverage: Using borrowed funds to amplify potential returns in trading, here ranging from 1x to 10x.
USDT: Tether, a stablecoin pegged to the US dollar, used as the settlement currency.