Black Horse Perpetual Contract Launches on Gate, 1-20x Leverage Trading Officially Begins

Gate has officially launched the “Black Horse” perpetual contract trading, marking another feature expansion of the Gate Perp DEX platform. According to official information, this contract uses USDT settlement and supports 1-20x leverage trading. This development reflects Gate’s ongoing efforts in the derivatives market and indicates increased market attention toward the “Black Horse” project.

Core Elements of the Contract Launch

Trading Parameter Description

• Settlement Method: USDT settlement
• Leverage: 1-20x
• Trading Type: Perpetual contract
• Platform: Gate Perp DEX

Significance of Platform Expansion

As Gate’s decentralized derivatives trading platform, Gate Perp DEX, launches the “Black Horse” contract simultaneously, it indicates that the project has met the platform’s listing standards. The introduction of perpetual contracts usually means the project has gained more liquidity support, which benefits both project teams and traders.

Market Background Observation

According to the latest news, the “Black Horse” project has gained considerable attention in the market. Social media discussions show that the project has frequently appeared in crypto community topics over the past few days, indicating that market interest in it is continuously rising.

The launch of derivatives trading typically brings several changes: firstly, increased liquidity; leverage trading attracts more traders; secondly, improved price discovery mechanisms; perpetual contracts better reflect the market’s true valuation of the project; finally, enhanced trading depth, which benefits the overall ecosystem development of the project.

Key Points to Watch

While perpetual contract trading offers more flexibility, it also introduces risks. The 1-20x leverage means traders can participate in larger trades with smaller capital, amplifying potential gains but also increasing the risk of losses. Risks such as liquidation and funding rates require traders to pay close attention.

In my personal opinion, the maturity of the derivatives market often reflects a project’s market recognition. Gate’s decision to launch the “Black Horse” contract on Perp DEX indicates that the project has a certain market foundation and trading demand. However, this does not necessarily mean the project’s value will rise; traders should conduct thorough risk assessments before participating.

Summary

Gate’s launch of the “Black Horse” perpetual contract marks another expansion in the derivatives market. The USDT settlement and 1-20x leverage setup provide traders with flexible trading options. This development not only demonstrates market interest in the “Black Horse” project but also reflects Gate’s ongoing efforts to improve the derivatives trading ecosystem. Traders should fully understand the risks of leverage trading and implement proper risk management and capital control.