Gate will launch ETF leveraged tokens PROMPT3L and PROMPT3S.

To fully meet users’ diverse trading needs, Gate.io will launch PROMPT3L (buy to go long on PROMPT at 3x), PROMPT3S (buy to short on PROMPT at 3x) ETF leveraged tokens.

The specific arrangements are as follows:

1. Launch time: April 12, 2025, 17:20:00 (UTC+8)
2. Trading time: April 12, 2025, 17:30:00 (UTC+8), opening PROMPT3L/USDT and PROMPT3S/USDT trading pairs.
3. Initial Net Value: 1 USDT

About gate ETF leveraged tokens

Gate.io ETF leveraged tokens are trading products that come with leverage properties and have an automatic rebalancing mechanism. The ETF product adjusts the leverage ratio daily based on profit and loss to return to the target leverage multiple. Profits will open positions, and losses will reduce positions. Users do not need to pay margin when trading leveraged products; they can achieve the goal of trading leverage simply by buying and selling coins.

Before trading or participating in any Gate.io ETF leveraged token products, please ensure that you have read the Gate.io ETF leveraged token description in full and fully understand the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you should bear the risks of trading Gate.io ETF leveraged tokens on your own.

More tutorials: gate ETF leveraged tokens beginner’s guide

Risk Warning

ETF leveraged tokens carry higher risks due to their built-in leverage mechanism, and price fluctuations can lead to significant gains or losses. Additionally, due to the scheduled and ad-hoc rebalancing mechanisms, the cumulative returns over a certain period may not fully match the targeted leverage multiple. Leveraged tokens are primarily suitable for short-term trading and are not suitable for long-term holding. Please fully understand the related risks before trading. Gate.io team April 12, 2025 Gate of Cryptocurrency Trade over 3,800 cryptocurrencies securely, quickly, and easily. Take Action Now Register an account, up to $10,000 welcome bonus Invite others to register, you can earn a 40% commission Follow official channels Visit the Gate.io official website Download gate App | Desktop Follow X (Twitter), get the latest benefits. Join the Telegram community to discuss hot topics. Join the global community to get the latest news Transparency Guarantee View 100% Reserve Proof