Gate will launch ETF leveraged tokens CAKE5L and CAKE5S.

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To fully meet the diverse trading needs of users, Gate.io will launch CAKE5L (buying means 5x going long on CAKE), CAKE5S (buying means 5x shorting CAKE) ETF leveraged tokens.

The specific arrangements are as follows:

  1. Launch Time: March 20, 2025 16:50:00 (UTC+8)
  2. Trading time: March 20, 2025 17:00:00 (UTC+8), opening trading pairs CAKE5L/USDT, CAKE5S/USDT
  3. Initial net value: 1 USDT

About gate ETF leveraged tokens

Gate.io ETF leveraged tokens are trading products with built-in leverage properties and an automatic rebalancing mechanism. The ETF products adjust the leverage ratio daily based on profit and loss to return to the target leverage multiple. Profits will lead to opening positions, while losses will lead to reducing positions. Users do not need to pay margin when trading leveraged products; they can achieve the purpose of leveraged trading simply by buying and selling coins.

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

More tutorials: Gate ETF leveraged tokens beginner's guide

Risk Warning

Leveraged tokens carry a high risk due to their built-in leverage mechanism, and price fluctuations can lead to significant gains or losses. Additionally, due to the scheduled and temporary rebalancing mechanisms, the cumulative returns within a certain period may not fully match the target leverage multiple. Leveraged tokens are mainly suitable for short-term trading and are not recommended for long-term holding. Please fully understand the relevant risks before trading. Gate of Cryptocurrency Secure, fast, and easy trading of over 3,800 types of cryptocurrencies.

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Gate.io March 19, 2025

CAKE5L9.57%
CAKE5S-10.1%
CAKE2.12%
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WhenPretendingToBeRevip
· 04-06 09:42
Why is there no volume?
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