Gate Crypto Loan launches the May Crypto Loan Challenge. During the event, click to join and place a new Flexible Term Loan order to borrow USDT or USDC for a chance to share the $7,500 prize pool.
During the event, users who use Gate Crypto Loan to borrow will be ranked by net borrowing volume and can participate in sharing the $6,500 Points prize pool.
| Ranking | Prize Pool (Points) | Net Borrowing Volume (USDT) |
|---|---|---|
| 1 | 1,500 | ≥ 50,000 USDT |
| 2 | 800 | ≥ 50,000 USDT |
| 3 | 400 | ≥ 50,000 USDT |
| 4–10 | 1,800 | ≥ 10,000 USDT |
| 11–100 | 2,000 | ≥ 1,000 |
Note: Net borrowing volume (USDT) = total borrowed − total repaid
During the event, users who use Gate Crypto Loan for the first time can participate in sharing the $1,000 Credits prize pool.
During the event, the first 1,000 eligible users who place a new Flexible Term Loan order in USDT or USDC and maintain a daily average net loan amount exceeding $100 will receive an interest-free coupon. Rewards are limited and will be distributed on a first-come, first-served basis based on task completion date.
| Applicable Loan Amount | Applicable Loan Term | Maximum Interest Amount |
|---|---|---|
| 500 USDT | 5 Days | 3 USDT |
Gate Team
May 15, 2026
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