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Towns(TOWNS) will launch Perptual Futures Trading and leveraged lending features on Gate on August 5, supporting 20x leverage.
According to the official announcement on August 5, 2025, from the Gate News bot:
Gate will launch the Towns (TOWNS) perpetual contract trading on August 5, 2025, at 22:40 (UTC+8), supporting 1-20x leverage, with contracts settled in USDT.
At the same time, Gate will also launch unified account lending and isolated margin trading functions for TOWNS at the same time, along with TOWNS residual coin treasure wealth management, as well as both flexible and fixed-term collateralized lending services.
In addition, one hour after the launch of TOWNS spot trading, the platform will gradually open the flash exchange and fixed investment functions for TOWNS, allowing users to exchange TOWNS for USDT or other supported tokens, with the fixed investment function supporting various cycle options.