Gate launches SOON( SOON) Perptual Futures trading, supporting 20x leverage go long shorting.

Gate News bot news, according to the official announcement from Gate on May 23, 2025:

Gate has launched the SOON/USDT perpetual contract for spot trading. This contract is settled in USDT and supports 1-20 times leverage for long and short positions.

Traders can choose their own leverage ratio when placing orders. The funding rate for SOON perpetual contracts is settled every 4 hours.

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