Gate Renames SATS Stock to ECHO

Per SATS's official announcement, SATS stock will be renamed to ECHO, and Gate will support this change.

Gate will execute the transition according to the following schedule:

1. At 15:00 (UTC) on June 24, 2026, SATS stock will enter reduce-only mode. During this time, users will only be able to sell existing positions and will not be able to open new buy positions.
2. At 13:00 (UTC) on June 25, 2026, the system will automatically close all remaining open positions at market price, and the new ECHO stock trading market will go live.

If you currently hold positions in SATS, we recommend planning ahead and adjusting your trading arrangements accordingly.

Gate Team
June 24, 2026

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