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Gate Announcement on Handling LAUSDT Perptual Futures Trading Market



The LAUSDT Perpetual Futures market has taken the following measures to ensure fairness and safety in the trading environment due to the significant deviation of the contract's marked price from the normal market price.
Suspend trading and take down LAUSDT Perptual Futures to maintain market stability.
All open contracts have been closed at market price to ensure that users' rights are not further affected.
The negative balance loss from liquidation will be fully borne by the platform, and users are not required to bear the negative balance.
Gate always prioritizes the security of user assets. Thank you for your understanding and support!

More: https://www.gate.com/announcements/article/45399
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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