PANews reported on June 9 that according to the official announcement, Gate launched spot trading for the first time at 18:00 (UTC+8) on June 9, and opened the Skate (SKATE) perpetual contract (USDT settlement) at 18:05. The perpetual contract supports 1-20 times leverage for long/short trading.

In order to give back to platform users, Gate simultaneously launched Launchpool, HODLer Airdrop, Candydrop, Alpha, and Yubibao series of activities to celebrate the GT x Skate (SKATE) Ecological Week. Participants can share a total of 1,650,000 SKATE, $20,000 GT prize pool and Alpha points.