Gate will delist GIZAUSDT perpetual contract on May 24, 2025 at 08:00 (UTC).
At 08:00 (UTC) on May 23, 2025 the GIZAUSDT contract will be in reduce-only mode;
At 08:00 (UTC) on May 24, 2025 , any open order of the GIZAUSDT contract will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 (UTC) on May 24, 2025 (View Auto-Settlement Price for Delisted Perpetual Contract for details).
If you are trading the above perpetual contract, it is highly recommended that you adjust your trading strategy and close your position beforehand.
Auto-Settlement Price for Delisted Perpetual Contract
Gate will use the average of index prices over half an hour before the delisting time as the auto-settlement price. In the case of significant fluctuation during the last half an hour before delisting, Gate.io will use the average of index prices over an extended time period to avoid market manipulation.
Gate Team
May 22, 2025
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