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Announcements Gate.io will Delist GFUSDT Perpetual

Gate.io will Delist GFUSDT Perpetual

2024-04-26 09:29:54 UTC 10322 Read
Gate.io will delist GFUSDT perpetual contract on April 28, 2024 at 08:00 UTC.

At 08:00 UTC on April 27, 2024 the GFUSDT contract will be in reduce-only mode;
At 08:00 UTC on April 28, 2024, any open order of the GFUSDT contract will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 UTC on April 28, 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
April 26, 2024
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