Gate.io, SNAP, ZTX, VRTX, YFII, SUKU, BRAWL, ACS, MOVEZ, BCUT, RADAR, ELA, GARI, SEAM, ARDR, STARHEROES will delist perpetual contracts

2024-06-05 03:54:48 UTC
2205 Read
Due to insufficient liquidity and trading interest, Gate.io will delist the following USDT collateralized perpetual contracts on June 7, 2024, 08:00 UTC:
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
On June 6, 2024 at 08:00 UTC, the above contracts will only be in discount mode;
On June 7, 2024 at 08:00 UTC, all open orders for the above contracts will be cancelled, and all open positions will be automatically closed based on the average index price between 07:30 and 08:00 UTC on June 7, 2024. (Refer to the Automatic Settlement Price for the Delisted Perpetual Contract for details).
If you are trading with the above perpetual contracts, it is strongly recommended that you adjust your trading strategy in advance and close your position.
Automatic Settlement Price for Perpetual Contract Removed from List
Gate.io will use the average of the index prices 30 minutes before the delisting time as the automatic settlement price.
If there is significant fluctuation in the last half hour before delisting, Gate.io will use the average of index prices for a long period of time to prevent market manipulation.
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