Initial Listing: Gate to Launch Futures Stocks with SNDK Perpetual Contract (USDT-M)

Gate's Futures Stocks will officially launch live trading of SNDK (SanDisk) perpetual contract (USDT-M) at 08:00 (UTC) on March 4, 2026, supporting long and short positions with leverage from 1x to 20x. Leverage can be selected at the time of order placement.

SanDisk Corporation is a globally leading provider of NAND flash memory and solid-state storage solutions.
Trade SNDKUSDT perpetual contract at: https://www.gate.com/futures/USDT/SNDK_USDT

Notes:

• Listing Time: If there is significant price volatility during the pre-listing phase, the contract listing may be delayed. Gate will adjust the exact listing time according to actual market conditions.
• Trading Parameter Adjustments: To mitigate market risks and optimize user trading experience, Gate will adjust trading parameters, including funding rate, tick size, maximum leverage, risk limits, and maintenance margin requirements, as needed based on actual market conditions.
• Mark Price Mechanism: The mark price follows standard calculation methods. However, as the external markets referenced by these indices operate on specific trading schedules, the index price will enter a quote-hold state during non-trading hours. In such cases, the index price will continue to use the last valid quote prior to the start of that period. Users are advised to monitor the activity of external reference markets closely and set appropriate take-profit and stop-loss orders to mitigate risks arising from liquidity changes and price volatility.

Gate Team

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