#GateEventPointsSystemLaunched

#GateEventPointsSystemLaunched
Event Points, Football Carnival and Live Short-Term Contracts. Full Update

Gate Event Market has expanded with a points leaderboard the Top Five Leagues Kickoff Carnival and new SOL/XRP price-direction contracts. The short-term prediction format itself remains the same: choose a direction for a fixed window no leverage or margin required. The screenshot of the BTC 5-minute Up/Down contract shows exactly how the product looks in practice right now.

Points Leaderboard in Action

Trading on Event Market now generates Event Points that feed a ranking. The top 100 users share a points prize pool according to their standing. Scratch cards sit alongside the leaderboard. Can return USDT, additional Event Points or trial vouchers with a top prize of 88,888 PTS. Volume therefore converts directly into a ranking race rather than remaining only a trading activity.

Top Five Leagues Kickoff Carnival

The football campaign runs from August 12 to August 31. Designated event contracts tied to the leagues offer kickoff gifts, loss-compensation protection and leaderboard rewards. The total prize pool is 200,000 USDT. The limited window concentrates activity. Adds event-specific incentives on top of the regular points system.

SOL and XRP Short-Term Contracts

Event Contracts now cover SOL and XRP across all existing cycles: 5-minute 15-minute 1-hour and 4-hour. The mechanics are unchanged. Select Up or Down for the chosen window. The contract settles on the actual price outcome. No leverage or margin is required.

Live BTC 5-Minute Example

The BTC 5 Min Up or Down contract illustrates the product in real time. Target price sits near 64,294 while the live price fluctuates around 64,285 with a countdown to settlement. The interface presents a binary choice (Up or Down) and an order book that reflects the market’s implied probability. This is the format that now also applies to SOL and XRP. Note that Event Contracts are scheduled for a maintenance window today (04:00–05:30 UTC); positions should be managed accordingly before the pause.

Practical Framing

The combination of a points race a time-limited football carnival and broader asset coverage creates overlapping incentives. Points reward volume the carnival adds sports-specific bonuses and protection and the new underlyings increase the number of short-term prediction opportunities. Outcomes remain binary and short-cycle; edge depends on timing and risk management than longer-term directional views.

Closing View

Gate Event Market has launched a weekly points leaderboard with top-100 rewards and scratch-card prizes up to 88,888 PTS opened the Top Five Leagues Kickoff Carnival (August 12–31 200,000 USDT prize pool) and added SOL and XRP price-direction contracts across 5-minute to 4-hour cycles. The live BTC 5-minute contract shows the product in action: a target, a countdown and a simple Up/Down decision with no leverage required. The update layers ranking incentives, sports-event. Broader asset coverage, onto the existing short-term prediction format.

Which part of the system interests you most. The points race, the football carnival or the new SOL/XRP contracts? Share your view.

This is my reading of the announced features and the live contract interface. It is not a recommendation.

‍#GateEventPoints #EventContracts
@Gate_Square