Gate News bot message, according to the official Gate announcement on February 12, 2026
Gate Layer1 Zone will launch spot trading for Espresso (ESP). ESP/USDT spot trading will begin at 21:00 (UTC+8) on February 12, 2026, with an expected withdrawal time of 21:00 (UTC+8) on February 13, 2026. Additionally, Gate will complete the migration from ESPUSDT pre-market perpetual contracts to the official ESPUSDT perpetual contracts by 00:00 (UTC+8) on February 13, 2026. During the contract migration, trading and existing positions will not be affected.
The official ESPUSDT perpetual contract will support long and short positions with leverage from 1x to 50x. Risk limit trading parameters will be adjusted accordingly.
Espresso is a decentralized underlying protocol dedicated to improving the performance, interoperability, and security of Layer 2 Rollups.