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Gate will launch the FRA Perptual Futures on July 1, supporting 20x leverage for go long and shorting.
According to the Gate News bot message, the official announcement from Gate on July 1, 2025:
Gate will launch the FRAG perpetual contract spot trading on July 1, 2025, at 16:35 ( UTC+8. The contract will be settled in USDT.
The contract will support 1-20x leverage trading, allowing users to go long and short. The specific trading parameters of the contract, including funding rate, minimum tick size, maximum leverage, risk limit, and maintenance margin, will be dynamically adjusted based on market conditions.