#EventContractsLaunch
Gate has officially launched Event Contracts, a groundbreaking product that is changing the way traders participate in prediction-based trading on the platform. This is not just another feature update — it is a whole new category of trading that is simple, transparent, and designed for everyone from beginners to experienced traders. Here is everything you need to know in detail so you can start participating right away and make the most of the launch carnival rewards.
What Are Event Contracts?
Event Contracts are a type of derivative product that defines a specific event in natural language and determines your payout based on the final outcome of that event. Each pair of event contracts represents a contract with a potential payout of 1 USDT. The concept is straightforward — you simply choose a direction based on your own judgment and purchase the corresponding contract shares. The current price of the contract reflects the market collective assessment of the probability of that event occurring. For example, if a Call contract for BTC going Up in the next 5 minutes is priced at 0.65 USDT, it means the market collectively estimates approximately a 65 percent probability that BTC will go Up during that period. The lower the price, the lower your participation cost, and the higher the price, the greater the likelihood the market assigns to that outcome.
How Does Settlement Work?
When an event contract reaches its expiration time, the system automatically completes settlement with no manual action required from you. This is one of the biggest advantages — everything is handled automatically. If your prediction is correct, each winning contract share you hold is settled at 1 USDT with no settlement fee. If your prediction is incorrect, the corresponding contract value goes to zero, again with no settlement fee. The settlement price is sourced from Chainlink data feeds, specifically the BTC/USD feed from Chainlink streams, which ensures transparency and reliability. After the market ends, the current-price label changes to settlement price so you can clearly see the verified outcome. Funds are automatically credited to your account and settlement details are synchronized to your account records in real-time.
Core Product Mechanism — Low Minimum Entry
One of the most attractive features of Event Contracts is the extremely low minimum entry barrier. Each contract is priced from 0.01 to 0.99 USDT, reflecting the market probability pricing for that outcome. The minimum trade amount is just 1.5 USDT to participate in event trading. This means you can start trading with a very small amount, making it accessible to virtually anyone. Consider this example — if you buy 1 share for 0.01 USDT of a Call contract and your prediction holds at settlement, that share becomes worth 1 USDT. That is a potential 100x return on a tiny investment. Of course, if your prediction is wrong, you lose only the small amount you paid, which is 0.01 USDT in this case.
No Leverage — Easier Risk Control
Event Contracts do not offer leverage and have no liquidation or margin call mechanism. This is fundamentally different from traditional futures or perpetual contracts where leverage can amplify both gains and losses. With Event Contracts, your maximum loss is simply the amount you paid when purchasing the contract shares. There is no risk of being liquidated, no need to monitor margin levels, and no concern about sudden market moves wiping out your position beyond your initial investment. This makes risk control significantly easier and more predictable. You know exactly what you stand to gain and what you stand to lose before you even place the trade.
Early Close — Flexible Take-Profit and Stop-Loss
Before the event ends, you can sell your holdings at any time via the Order Book. This means you are not locked into your position until expiration. If you see the contract price moving favorably, you can sell early to realize profits without waiting for settlement. Similarly, if the market moves against your prediction, you can cut your losses early by selling your shares before the event concludes. This flexibility gives you the ability to manage your trades actively with take-profit and stop-loss strategies, just like in traditional markets, but without the complexity of margin and leverage management.
First Batch Supported Assets and Time Cycles
The initial release of Event Contracts supports BTC and ETH as the underlying assets for price direction events. Supported time periods include 5-minute, 15-minute, 1-hour, and 4-hour short-cycle events. These time frames are designed for traders who want to capitalize on short-term price movements without the complexity of traditional derivatives. More assets and additional time periods are planned to be added in the future, expanding the range of events you can participate in. The settlement for BTC and ETH markets is sourced from Chainlink data feeds, ensuring that the price reference is transparent and independently verified.
Buy Call vs Buy Put — How to Choose Your Direction
Each market in an Event Contract generates two shares — Bullish and Bearish, which correspond to Call and Put contracts. If you believe the defined event will occur, such as BTC price going Up in the next 5 minutes, you buy Call shares at the current price. If you believe the event will not occur, such as BTC price going Down, you buy Put shares at the current price. The price of each side reflects the market probability assessment. A Call priced at 0.70 USDT means the market sees roughly a 70 percent chance of the event happening, while the corresponding Put would be priced around 0.30 USDT, reflecting a 30 percent chance of the event not happening. You choose your direction based on your own analysis and judgment, and the potential payout remains the same — up to 1 USDT per winning share.
How to Participate — Step by Step
Getting started with Event Contracts on Gate is simple. First, open the Gate App version 8.28.5 or later. Then navigate to the Futures page within the app. From there, switch to the Events tab to see all available Event Contract markets. Select the event you want to trade, choose your direction — Up or Down — pick a price in the Order Book, enter your quantity, and submit your order. First-time users of Event Contracts must complete the Innovation Trading Disclaimer quiz and sign the User Agreement before they can start trading. This is a one-time requirement designed to ensure that all participants understand the product rules and associated risks.
Launch Carnival — Share $50,000 in Airdrop Rewards
Gate is celebrating the launch of Event Contracts with a massive carnival offering $50,000 in total airdrop rewards. The event period runs from July 21, 2026 at 02:00 UTC through July 31, 2026 at 08:00 UTC. You must click the Join Now button on the event page to register and then trade Event Contracts during this period to qualify for rewards. There are three separate reward categories, each with its own prize pool and rules.
Reward 1 — First Order Loss Coverage with $10,000 Prize Pool. This reward is designed to give newcomers confidence. The first 2,000 users in order of trading time whose first trade results in a loss will receive compensation based on their actual loss amount, up to a maximum of $5 per user. This means even if your very first Event Contract trade goes wrong, you can still recover up to $5 of your loss. It is essentially a safety net for your first experience with the product, encouraging you to try Event Contracts without the fear of losing your entire first investment.
Reward 2 — Profit Doubling with $20,000 Prize Pool. Throughout the event period, all net profits you generate from trading Event Contracts will be doubled as rewards. The total prize pool for this category is $20,000, and the maximum reward for any single user is $500. Rewards are allocated in descending order of net profit until the pool is fully exhausted. This means the more profitably you trade, the more you earn — and Gate literally doubles your earnings as a bonus. This reward structure incentivizes skilled trading and rewards participants who make correct predictions consistently.
Reward 3 — Trade Sprint with $20,000 Prize Pool. This reward is based on cumulative trading volume rather than profitability. During the event, users whose cumulative Event Contracts trading volume — which includes both buy and sell transaction amounts — reaches $1,000 or more will share the $20,000 prize pool in proportion to their total trading volume. The maximum reward per user is $1,000. This means the more you trade, regardless of whether you win or lose on individual trades, the larger your share of the prize pool. It rewards active participation and is especially attractive for users who want to earn rewards through consistent trading activity.
Important Rules and Eligibility Requirements
All participants must complete Identity Verification before claiming any rewards. Only users who register and trade Event Contracts during the event period are eligible. Reward values displayed on the event page are estimated for reference only, and actual reward values are subject to official announcements and actual distribution results. All rewards will be issued within 7 business days after the event ends. Batch registration of subaccounts, malicious volume manipulation, wash trading, matched orders, and any other cheating behaviors are strictly prohibited. Multiple accounts under the same verified user will be treated as a single account. Users in the UK and other restricted regions may not be able to access all or part of the services. Please check the User Agreement for detailed information about restricted regions.
Why You Should Participate Now
Event Contracts represent a new era of trading on Gate — simple, transparent, low-cost, and without the complexity of leverage or margin management. With the launch carnival offering $50,000 in rewards across three different categories, there is something for everyone. Whether you are a confident predictor looking to double your profits, an active trader wanting to earn through trading volume, or a newcomer who wants a safety net on your first trade, this carnival has you covered. The event period is live right now and runs until July 31, 2026. Open your Gate App, update to version 8.28.5, go to Futures, switch to Events, and start trading. The sooner you begin, the more time you have to accumulate volume, generate profits, and maximize your share of the $50,000 reward pool.@Gate_Square #SummerCreationCamp
Gate has officially launched Event Contracts, a groundbreaking product that is changing the way traders participate in prediction-based trading on the platform. This is not just another feature update — it is a whole new category of trading that is simple, transparent, and designed for everyone from beginners to experienced traders. Here is everything you need to know in detail so you can start participating right away and make the most of the launch carnival rewards.
What Are Event Contracts?
Event Contracts are a type of derivative product that defines a specific event in natural language and determines your payout based on the final outcome of that event. Each pair of event contracts represents a contract with a potential payout of 1 USDT. The concept is straightforward — you simply choose a direction based on your own judgment and purchase the corresponding contract shares. The current price of the contract reflects the market collective assessment of the probability of that event occurring. For example, if a Call contract for BTC going Up in the next 5 minutes is priced at 0.65 USDT, it means the market collectively estimates approximately a 65 percent probability that BTC will go Up during that period. The lower the price, the lower your participation cost, and the higher the price, the greater the likelihood the market assigns to that outcome.
How Does Settlement Work?
When an event contract reaches its expiration time, the system automatically completes settlement with no manual action required from you. This is one of the biggest advantages — everything is handled automatically. If your prediction is correct, each winning contract share you hold is settled at 1 USDT with no settlement fee. If your prediction is incorrect, the corresponding contract value goes to zero, again with no settlement fee. The settlement price is sourced from Chainlink data feeds, specifically the BTC/USD feed from Chainlink streams, which ensures transparency and reliability. After the market ends, the current-price label changes to settlement price so you can clearly see the verified outcome. Funds are automatically credited to your account and settlement details are synchronized to your account records in real-time.
Core Product Mechanism — Low Minimum Entry
One of the most attractive features of Event Contracts is the extremely low minimum entry barrier. Each contract is priced from 0.01 to 0.99 USDT, reflecting the market probability pricing for that outcome. The minimum trade amount is just 1.5 USDT to participate in event trading. This means you can start trading with a very small amount, making it accessible to virtually anyone. Consider this example — if you buy 1 share for 0.01 USDT of a Call contract and your prediction holds at settlement, that share becomes worth 1 USDT. That is a potential 100x return on a tiny investment. Of course, if your prediction is wrong, you lose only the small amount you paid, which is 0.01 USDT in this case.
No Leverage — Easier Risk Control
Event Contracts do not offer leverage and have no liquidation or margin call mechanism. This is fundamentally different from traditional futures or perpetual contracts where leverage can amplify both gains and losses. With Event Contracts, your maximum loss is simply the amount you paid when purchasing the contract shares. There is no risk of being liquidated, no need to monitor margin levels, and no concern about sudden market moves wiping out your position beyond your initial investment. This makes risk control significantly easier and more predictable. You know exactly what you stand to gain and what you stand to lose before you even place the trade.
Early Close — Flexible Take-Profit and Stop-Loss
Before the event ends, you can sell your holdings at any time via the Order Book. This means you are not locked into your position until expiration. If you see the contract price moving favorably, you can sell early to realize profits without waiting for settlement. Similarly, if the market moves against your prediction, you can cut your losses early by selling your shares before the event concludes. This flexibility gives you the ability to manage your trades actively with take-profit and stop-loss strategies, just like in traditional markets, but without the complexity of margin and leverage management.
First Batch Supported Assets and Time Cycles
The initial release of Event Contracts supports BTC and ETH as the underlying assets for price direction events. Supported time periods include 5-minute, 15-minute, 1-hour, and 4-hour short-cycle events. These time frames are designed for traders who want to capitalize on short-term price movements without the complexity of traditional derivatives. More assets and additional time periods are planned to be added in the future, expanding the range of events you can participate in. The settlement for BTC and ETH markets is sourced from Chainlink data feeds, ensuring that the price reference is transparent and independently verified.
Buy Call vs Buy Put — How to Choose Your Direction
Each market in an Event Contract generates two shares — Bullish and Bearish, which correspond to Call and Put contracts. If you believe the defined event will occur, such as BTC price going Up in the next 5 minutes, you buy Call shares at the current price. If you believe the event will not occur, such as BTC price going Down, you buy Put shares at the current price. The price of each side reflects the market probability assessment. A Call priced at 0.70 USDT means the market sees roughly a 70 percent chance of the event happening, while the corresponding Put would be priced around 0.30 USDT, reflecting a 30 percent chance of the event not happening. You choose your direction based on your own analysis and judgment, and the potential payout remains the same — up to 1 USDT per winning share.
How to Participate — Step by Step
Getting started with Event Contracts on Gate is simple. First, open the Gate App version 8.28.5 or later. Then navigate to the Futures page within the app. From there, switch to the Events tab to see all available Event Contract markets. Select the event you want to trade, choose your direction — Up or Down — pick a price in the Order Book, enter your quantity, and submit your order. First-time users of Event Contracts must complete the Innovation Trading Disclaimer quiz and sign the User Agreement before they can start trading. This is a one-time requirement designed to ensure that all participants understand the product rules and associated risks.
Launch Carnival — Share $50,000 in Airdrop Rewards
Gate is celebrating the launch of Event Contracts with a massive carnival offering $50,000 in total airdrop rewards. The event period runs from July 21, 2026 at 02:00 UTC through July 31, 2026 at 08:00 UTC. You must click the Join Now button on the event page to register and then trade Event Contracts during this period to qualify for rewards. There are three separate reward categories, each with its own prize pool and rules.
Reward 1 — First Order Loss Coverage with $10,000 Prize Pool. This reward is designed to give newcomers confidence. The first 2,000 users in order of trading time whose first trade results in a loss will receive compensation based on their actual loss amount, up to a maximum of $5 per user. This means even if your very first Event Contract trade goes wrong, you can still recover up to $5 of your loss. It is essentially a safety net for your first experience with the product, encouraging you to try Event Contracts without the fear of losing your entire first investment.
Reward 2 — Profit Doubling with $20,000 Prize Pool. Throughout the event period, all net profits you generate from trading Event Contracts will be doubled as rewards. The total prize pool for this category is $20,000, and the maximum reward for any single user is $500. Rewards are allocated in descending order of net profit until the pool is fully exhausted. This means the more profitably you trade, the more you earn — and Gate literally doubles your earnings as a bonus. This reward structure incentivizes skilled trading and rewards participants who make correct predictions consistently.
Reward 3 — Trade Sprint with $20,000 Prize Pool. This reward is based on cumulative trading volume rather than profitability. During the event, users whose cumulative Event Contracts trading volume — which includes both buy and sell transaction amounts — reaches $1,000 or more will share the $20,000 prize pool in proportion to their total trading volume. The maximum reward per user is $1,000. This means the more you trade, regardless of whether you win or lose on individual trades, the larger your share of the prize pool. It rewards active participation and is especially attractive for users who want to earn rewards through consistent trading activity.
Important Rules and Eligibility Requirements
All participants must complete Identity Verification before claiming any rewards. Only users who register and trade Event Contracts during the event period are eligible. Reward values displayed on the event page are estimated for reference only, and actual reward values are subject to official announcements and actual distribution results. All rewards will be issued within 7 business days after the event ends. Batch registration of subaccounts, malicious volume manipulation, wash trading, matched orders, and any other cheating behaviors are strictly prohibited. Multiple accounts under the same verified user will be treated as a single account. Users in the UK and other restricted regions may not be able to access all or part of the services. Please check the User Agreement for detailed information about restricted regions.
Why You Should Participate Now
Event Contracts represent a new era of trading on Gate — simple, transparent, low-cost, and without the complexity of leverage or margin management. With the launch carnival offering $50,000 in rewards across three different categories, there is something for everyone. Whether you are a confident predictor looking to double your profits, an active trader wanting to earn through trading volume, or a newcomer who wants a safety net on your first trade, this carnival has you covered. The event period is live right now and runs until July 31, 2026. Open your Gate App, update to version 8.28.5, go to Futures, switch to Events, and start trading. The sooner you begin, the more time you have to accumulate volume, generate profits, and maximize your share of the $50,000 reward pool.@Gate_Square #SummerCreationCamp
