[//]:content-type-MARKDOWN-DONOT-DELETE Gate will first launch USDT margined PAL perpetual contract (PALUSDT), starting at 12:10 (UTC) on July 7, 2025, supporting up to 20X leverage. **Note:** * About Trading Commencement Time: If there is significant price volatility in the early stages, the contract trading commencement time may be postponed, with the exact timing adjusted based on actual market conditions. * About Trading Parameters Adjustment: To manage market risks and improve the user trading experience, Gate may adjust funding rates, tick size, maximum leverage, risk limits, maintenance margin, and other perpetual contract parameters as needed. Gate Team July 7th, 2025 **Gateway to Crypto** Trade over 3,600 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Will First Launch PAL Perpetual Contract