Gate to Launch Perpetual Contracts for Major Global Stocks on March 3

The exchange will introduce leveraged trading up to 20x for assets including NVIDIA, General Dynamics, Northrop Grumman, Boeing, TSMC, Walmart, and Costco, while adding Germany’s GER40 index to its listings.

GT

Summary

Gate exchange announced the rollout of perpetual contracts (crypto-settled futures without expiry) for several major global equities—NVIDIA (RTX), General Dynamics (GD), Northrop Grumman (NOC), Boeing (BA), Taiwan Semiconductor Manufacturing Company (TSM), Walmart (WMT), and Costco (COST)—beginning March 3 at 12:00 UTC+8. The new derivatives support up to 20x leverage, allowing traders to amplify exposure while managing risk through position sizing. Additionally, Gate will expand its index section to include GER40, which tracks the performance of the DAX 40 Index in Germany. This move reflects ongoing integration of traditional financial assets into crypto derivatives platforms, enabling users broader exposure within a unified trading ecosystem.

Terms & Concepts
  • Perpetual Contract: A type of futures contract without an expiration date, allowing continuous leveraged trading of assets such as cryptocurrencies or tokenized stocks.
  • Leverage: A trading mechanism that allows investors to amplify exposure by borrowing funds, increasing both potential gains and losses.
  • GER40 (Germany DAX 40 Index): A major stock market index tracking the 40 largest companies listed on the Frankfurt Stock Exchange.