Gate.io will Delist MBABYNEIRO/USDT Perpetual

Gate.io will delist MBABYNEIRO/USDT perpetual contract on November 23, 2024 at 08:00 UTC.

At 08:00 UTC on November 22, 2024 the MBABYNEIRO/USDT contract will be in reduce-only mode;At 08:00 UTC on November 23,2024, any open order of the MBABYNEIRO/USDT 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 November 23,2024 (View Auto-Settlement Price for Delisted Perpetual Contract for details).

If you are trading the above perpetual contracts, it is highly recommended that you adjust your trading strategy and close your position beforehand.

Auto-Settlement Price for Delisted Perpetual Contract

Gate.io 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.io TeamNovember 21, 2024