Gate has officially announced the launch of its FLY perpetual contract trading, settled in USDT, commencing on June 6th at 21:05 (UTC+8). This new offering enables traders to engage with leverage options ranging from 1x to 20x, enhancing their strategic flexibility in the derivatives market. The introduction of the FLY perpetual contract reflects Gate’s commitment to expanding its portfolio of crypto derivatives products, catering to sophisticated investors seeking diversified exposure. Market participants can now capitalize on price movements of FLY with increased capital efficiency, while managing risk through adjustable leverage. This development aligns with the growing demand for advanced trading instruments within the cryptocurrency ecosystem, reinforcing Gate’s position as a competitive exchange platform.