Gate, per a COINOTAG News release on August 28, announced the launch of the MITO perpetual contract trading pair with USDT settlement at 22:10 on August 28 (UTC+8). The exchange will support 1-20x leverage, expanding its derivatives suite and offering traders adjustable risk profiles. The official notice indicates the instrument is a cash-settled perpetual contract, subject to standard margin and liquidation mechanics. Market participants should assess liquidity and margin requirements before participation; the announcement reflects an operational listing rather than market performance guidance. For traders and risk managers, the listing represents an additional hedging and trading vehicle within Gate’s existing product set.
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Source: https://en.coinotag.com/breakingnews/gate-to-launch-mito-perpetual-contract-trading-usdt-settlement-with-1-20x-leverage-on-aug-28-at-2210-utc8/