2025-07-02 19:40:45

#ETH5L Can anyone tell me why this coin has no market capitalization?

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XiaoYi

· 2025-07-02 19:46

Hello, Gate has launched ETF leveraged tokens. The only difference from traditional tokens is that leveraged tokens have leverage attributes and there are corresponding spot coins in the platform's spot trading market. ETF leveraged tokens are used for hedging management in the perpetual futures market, currently charging a daily management fee of 0.1% (which will change based on actual cost expenses in the future, with specific changes announced accordingly), to cover expenses such as contract market fees and funding rates, but no additional funding rates are charged for contracts. Through fund management optimization, it reduces users' actual leverage expenses and leverage risks. This is for your reference. https://www.gate.com/zh/help/trade/leverage_tokens/17343

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