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NULS(NULS) will close contract and Margin Trading on June 20 at Gate, spot trading will not be affected.

2025-06-20 09:39:14

According to the Gate News bot message, the official announcement from Gate on June 20, 2025:

Gate will adjust the NULS contract and leveraged trading. The NULS/USDT contract trading will be adjusted to a closing-only mode on June 20, 2025, at 19:30 ( UTC+8, and will be automatically settled at the average index price of the last half hour before the contract trading stops at 20:00 ) UTC+8.

At the same time, Gate has closed the new leveraged lending business for NULS, and existing leveraged positions will be automatically settled and repaid before June 20, 2025, 20:00:0(UTC+8). This adjustment does not affect NULS spot trading.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Comment

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GateUser-b2fdd02c

· 2025-07-01 16:03

Are there any places to trade?

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GateUser-b2fdd02c

· 2025-07-01 16:03

What on-chain is this thing anyway?

View OriginalReply0

Kirin

· 2025-06-20 14:37

Damn, such a high price made me close all positions, it's so disgusting.

View OriginalReply0

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