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https://www.gate.com/announcements/article/45974
USELESS Perptual Futures will be listed on Gate on July 14, supporting 20x leverage for go long and shorting.
Gate News bot news, according to the official announcement from Gate on July 14, 2025.
Gate will launch the USELESS perpetual contract spot trading on July 14, 2025, at 15:30 (UTC+8), with USDT settlement.
The contract will support 1-20x leverage trading, allowing users to take long and short positions. The contract trading parameters, including funding rate, minimum tick size, maximum leverage, risk limits, and maintenance margin, will be adjusted based on market conditions.