Gate launched stock event contracts, listing MU and three other major underlying assets

According to the official announcement, Gate has officially launched stock event contracts. The first phase includes four underlying assets: MU, SNDK, SK Hynix, and Yushu Technology, and opens a short-term bullish/bearish trading market with 5-minute and 15-minute cycles, without the need for leverage or margin. The cycle ends with automatic settlement, and early closing is also available. The trading times for each underlying asset align with the trading hours of US stocks, Korean stocks, and A-shares.

This product supports trading on the web, and Gate App users need to update to version v8.36.0 or above. Users can enter Contracts - Event Contracts, select the stock category to view and trade related underlying assets. During the launch period, a special event with 60,000 USDT is also opened, including new user experience vouchers, first order rewards, as well as a 20,000 USDT check-in prize pool and a 20,000 USDT trading volume prize pool. Gate's event contracts cover both cryptocurrency assets and mainstream stocks.