Gate News bot message, according to the official Gate announcement on December 16, 2025
Gate will launch Magma Finance (MAGMA) perpetual contract trading in live environment at 20:10 (UTC+8) on December 16, 2025. The trading supports 1-20x leverage and is settled in USDT. At the same time, Gate Perp DEX will also launch MAGMA/USDT perpetual contract trading.
Additionally, Gate will introduce MAGMA unified account lending and isolated margin trading pairs at the same time, and will also launch MAGMA residual coin treasure, flexible mortgage lending, fixed mortgage lending, and other features. One hour after MAGMA spot trading goes live, Gate will launch MAGMA instant exchange and fixed investment features, allowing users to choose multiple investment cycles such as hourly or daily.
Within one hour of the perpetual contract going live, copy trading and trading robot services will also be available.