The NEWT Perptual Futures will complete the pre-market migration to official trading on Gate on June 24, 2025, supporting 50x leverage.

According to the Gate News bot message, the official announcement from Gate on June 24, 2025.

Gate will complete the migration of the NEWTUSDT pre-market perpetual contract to the official perpetual contract on June 24, 2025, at 22:10 ( UTC+8. It is reported that during the migration process, contract trading and existing positions will not be affected.

After the migration is complete, the NEWTUSDT perpetual contract will officially support long and short operations with leverage ranging from 1 to 50 times, and the risk limit trading parameters will be adjusted accordingly.

[Original link])https://www.gate.com/cn/announcements/article/45754(