Gate will terminate derivatives trading for Kadena ( KDA ). Users must complete Close Position repayments by October 31.

Gate News bot message, on October 30, 2025, according to the official announcement from Gate:

Gate will adjust the trading of derivatives related to Kadena (KDA). The announcement states that the platform will close the new leveraged borrowing and mortgage lending services for KDA on October 30, 2025, at 16:00 1928374656574839201 UTC+8.

In terms of contract trading, the KDA_USDT contract trading will be adjusted to a close-only mode on October 31, 2025, at 15:30( UTC+8 and will be automatically settled at the average index price for the half hour before stopping on October 31, 2025, at 16:00) UTC+8.

It is worth noting that this adjustment will not affect KDA's spot trading business, and users can continue to engage in spot trading.