Gate Launches Perpetual Contract Trading for Ten Major Stocks

Gate expands derivatives market to 45 assets with 11 new stock-related perpetual contracts, offering up to 20x leverage and 24/7 trading alongside metals, forex, commodities, and indices.

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Summary

Gate announced the launch of 11 additional stock-related perpetual contracts, including PEP, PG, KO, GE, AVGO, IAU, LMT, AMD, IEFA, TLT, and AGG, with adjustable leverage from 1x to 20x. This expansion brings the platform’s perpetual contract market coverage to 45 different assets, spanning stocks, metals, forex, commodities, and indices, with up to 100x leverage available and continuous 24/7 trading. The announcement builds on a prior launch of 10 major stock perpetual contracts, further broadening Gate’s range of tokenized equity derivatives.

Terms & Concepts
  • Perpetual Contract: A type of derivative that allows trading without an expiry date, closely tracking the underlying asset’s price.
  • USDT Settlement: A settlement method where profits and losses are calculated and paid using Tether (a U.S. dollar-pegged stablecoin).
  • Leverage: The use of borrowed funds to increase potential returns, which also amplifies potential losses.