Svmuu reported that according to CoinGlass data, index-based futures contracts have been actively traded over the past 4 hours. Notably, the US30 contract on the Gate platform saw its open interest reach approximately $3.78 million, surging by 891.39%.
Gate's perpetual index futures contracts are benchmarked to major global indices and volatility indices, integrating market sentiment indicators into the crypto derivatives trading system. While retaining the advantages of USDT settlement and 24/7 trading, they offer users trading options more closely aligned with global macro markets. Additionally, Gate has already established a presence in traditional financial trading sectors including stocks, metals, forex, indices, and commodities, and is continuously building a multi-asset futures system covering mainstream TradFi assets.