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The NEWT contract will complete its upgrade on June 24, supporting 1-50x Margin Trading.
Gate News bot message, according to Gate's official announcement on June 24, 2025:
Gate will complete the migration of the NEWTUSDT pre-contract perpetual contract to the official NEWTUSDT perpetual contract on June 24, 2025, at 22:10( UTC+8). During the migration process, contract trading and existing positions will not be affected.
After the migration is complete, the NEWTUSDT perpetual contract will officially support 1-50 times long and short operations, and the risk limit trading parameters will also be adjusted accordingly.