Gate News bot message, according to the official Gate announcement on May 22, 2025:
Gate announced that it will delist the GIZAUSDT perpetual contract trading market at 16:00 (UTC+8) on May 24, 2025. Prior to this, the contract trading market will be adjusted to the position reduction only mode from 16:00 (UTC+8) on May 23, 2025.
Gate stated that at the delisting time, the platform will settle the open positions based on the average index price in the last half hour before delisting. All unfilled orders will be automatically canceled. This decision may affect users who currently hold positions in the GIZAUSDT contract market.
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