Gate.io will Delist SNAP,ZTX,VRTX,YFII,SUKU,BRAWL,ACS,MOVEZ,BCUT,RADAR,ELA,GARI,SEAM,ARDR,STARHEROES Perpetual Contracts
2024-06-05 03:54:48 UTC
36339 Read
Gate.io will delist the following USDT Margined perpetual contracts on June 7, 2024 at 08:00 UTC, due to insufficient liquidity and trading interest:
SNAP_USDT,
ZTX_USDT,
VRTX_USDT,
YFII_USDT,
SUKU_USDT,
BRAWL_USDT,
ACS_USDT,
MOVEZ_USDT,
BCUT_USDT,
RADAR_USDT,
ELA_USDT,
GARI_USDT,
SEAM_USDT,
ARDR_USDT,
STARHEROES_USDT
At 08:00 UTC on June 6, 2024 the above contracts will be in reduce-only mode;
At 08:00 UTC on June 7, 2024, any open order of the above contracts will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 UTC on June 7, 2024 (View Auto-Settlement Price for Delisted Perpetual Contract for details).
If you are trading the above perpetual contracts, it is highly recommended that you adjust your trading strategy and close your position beforehand.
Auto-Settlement Price for Delisted Perpetual Contract
Gate.io will use the average of index prices over half an hour before the delisting time as the auto-settlement price.
In the case of significant fluctuation during the last half an hour before delisting, Gate.io will use the average of index prices over an extended time period to avoid market manipulation.
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Gate.io Team
Jun 05, 2024
SNAP_USDT,
ZTX_USDT,
VRTX_USDT,
YFII_USDT,
SUKU_USDT,
BRAWL_USDT,
ACS_USDT,
MOVEZ_USDT,
BCUT_USDT,
RADAR_USDT,
ELA_USDT,
GARI_USDT,
SEAM_USDT,
ARDR_USDT,
STARHEROES_USDT
At 08:00 UTC on June 6, 2024 the above contracts will be in reduce-only mode;
At 08:00 UTC on June 7, 2024, any open order of the above contracts will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 UTC on June 7, 2024 (View Auto-Settlement Price for Delisted Perpetual Contract for details).
If you are trading the above perpetual contracts, it is highly recommended that you adjust your trading strategy and close your position beforehand.
Auto-Settlement Price for Delisted Perpetual Contract
Gate.io will use the average of index prices over half an hour before the delisting time as the auto-settlement price.
In the case of significant fluctuation during the last half an hour before delisting, Gate.io will use the average of index prices over an extended time period to avoid market manipulation.
Gateway to Crypto
Trade over 1,700 cryptocurrencies safely, quickly and easily on Gate.io
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Reach out to us!
Twitter: https://twitter.com/gate_io
GateVIP Twitter: https://twitter.com/Gateio_Inst
Telegram: https://t.me/gate_zh
API Telegram: https://t.me/gateioapi
Instagram: https://www.instagram.com/gateioglobal
Medium: https://gateio.medium.com/
Podcast: https://gateio.buzzsprout.com/?ch=buzzs
Gate.io Team
Jun 05, 2024
