Gate will delist the BOOM, BOND, BLZ, OMG, RCADE, PAAL, STMX, WEMIX, and OVL perpetual contracts markets on August 30, 2025, 8:00 (UTC). The detailed schedule is as follows:
| Perpetual Contracts | Reduce-Only Mode | Trading Ends |
|---|---|---|
| BOOM_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| BOND_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| BLZ_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| OMG_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| RCADE_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| PAAL_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| STMX_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| WEMIX_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
| OVL_USDT | Aug 30, 7:30 (UTC) | Aug 30, 8:00 (UTC) |
Starting from August 30, 2025, 7:30 UTC), the above contracts markets will switch to Reduce-Only mode.
At August 30, 2025 (UTC), 8:00, Gate will settle all open positions at the average index price over the final 30 minutes before delisting. Any unfilled orders will be automatically canceled.
If you are trading in these markets, please adjust your strategy in advance and close your positions before August 30, 2025, 8:00 (UTC). Otherwise, positions will be automatically settled.
How settlement prices are calculated at delisting
When the contracts are delisted, Gate will settle open positions automatically using the average index price from the final 30 minutes before delisting. If price fluctuations during this period are excessively volatile, a broader time range will be used to calculate the average index price to prevent losses caused by potential price manipulation.
Gate Team
August 28, 2025
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