PANews reported on April 16th that Gate will be holding a Gold & Silver vs. Crude Oil King of Kings showdown event from 17:00 on April 16th to 17:00 on April 30th (UTC+8). Users can choose to join teams to compete for market glory. The total prize pool is 68,000 USDT, with a maximum individual reward of 10,500 USDT.

This event features three main rewards: 1. Team Battle: Users can choose to join Team A (XAU & XAG) or Team B (XTI & XBR) and complete contract trading for the corresponding designated currencies. The system will determine the winner based on the cumulative contract trading volume of team members. The winning team can unlock a prize pool of up to 48,000 USDT, and individuals can receive up to 10,000 USDT; 2. New User Exclusive: During the event, newly registered users who complete contract trading of at least $500 in designated currencies will receive a 10 USDT reward. The total prize pool is 10,000 USDT, awarded on a first-come, first-served basis, and can be combined with team rewards; 3. Trading Star: All users who join a team, regardless of the team's win or loss, will share a 10,000 USDT reward based on their trading volume as long as they complete contract trading of at least $1,000 in designated currencies, with a maximum of 500 USDT per person.