[//]:content-type-MARKDOWN-DONOT-DELETE To meet the diverse trading needs of users, Gate will list multiple ETF leveraged tokens. The listing details are as follows: **ALPACA3L (3x long ALPACA) and ALPACA3S (3x short ALPACA)** 1. Listing Time: May 7, 2025, 06:50 UTC 2. Trading Start Time: May 7, 2025, 07:00 UTC — Trading pairs ALPACA3L/USDT and ALPACA3S/USDT will be available 3. Initial Net Value: 1 USDT **VIRTUAL3L (3x long VIRTUAL) and VIRTUAL3S (3x short VIRTUAL)** 1. Listing Time: May 7, 2025, 07:20 UTC 2. Trading Start Time: May 7, 2025, 07:30 UTC — Trading pairs VIRTUAL3L/USDT and VIRTUAL3S/USDT will be available 3. Initial Net Value: 1 USDT **LAYER3L (3x long LAYER) and LAYER3S (3x short LAYER)** 1. Listing Time: May 7, 2025, 07:50 UTC 2. Trading Start Time: May 7, 2025, 08:00 UTC — Trading pairs LAYER3L/USDT and LAYER3S/USDT will be available 3. Initial Net Value: 1 USDT **GORK3L (3x long GORK) and GORK3S (3x short GORK)** 1. Listing Time: May 7, 2025, 08:20 UTC 2. Trading Start Time: May 7, 2025, 08:30 UTC — Trading pairs GORK3L/USDT and GORK3S/USDT will be available 3. Initial Net Value: 1 USDT **About Gate ETF Leveraged Tokens** Gate ETF leveraged tokens are trading products with built-in leverage and an autALPACAatic rebalancing mechanism. The ETF products adjust their leverage ratio daily based on profits and losses to maintain the target leverage multiple—expanding positions when profitable and reducing positions when losses occur. Users can achieve leveraged trading simply by buying and selling these tokens, without the need to pay margin. Before trading or participating in any Gate ETF leveraged token products, please ensure that you have read the **Gate ETF Leveraged Token Guide** in full and fully understand the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you bear full responsibility for the risks of trading Gate ETF leveraged tokens. For more tutorials, visit: **Gate ETF Leveraged Tokens Beginner’s Guide** Gate Team May 7, 2025 **Gateway to Crypto** Trade over 4,100 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

New Listings on Gate ETF Leveraged Tokens: ALPACA3L/3S, VIRTUAL3L/3S, LAYER3L/3S, GORK3L/3S

New Listings on Gate ETF Leveraged Tokens: ALPACA3L/3S, VIRTUAL3L/3S, LAYER3L/3S, GORK3L/3S