Announcement on the User Compensation Plan Following Market Volatility in the LEVER Perpetual Futures Market

Recently, the platform observed significant price fluctuations in the LEVER Perpetual Futures market. While market movements are determined by market forces and the platform adheres to standard trading rules, the recent volatility had a broad impact on users. To minimize potential losses, the platform will delist the LEVER Perpetual Futures contract and provide a compensation plan for affected users who experienced losses during extreme volatility periods. Users who made profits through normal trading during these periods will not be affected and may retain their full earnings. The details are as follows:

1. Eligible Users

Users who incurred a net loss during the following volatility periods: October 4, 2025, 00:41–01:22 – October 5, 2025, 20:28–20:58 (UTC) Net loss is defined as the amount by which losses during the volatility periods exceed profits made during the same time.

2. Compensation Method

• Eligible users will receive 30% of their net losses as compensation, issued in USDT.
• Calculation formula: Compensated Amount (in USDT) = (Loss Amount During Volatility – Profit Amount During Volatility) × 30%
• Users who were overall profitable during the LEVER Perpetual Futures market volatility will not be included in this compensation plan, and their profits will remain unaffected.

3. Application Process

• • Affected users must submit their information via the following link within seven (7) days after the publication of this announcement: https://www.gate.com/questionnaire/7119

Important Notes

Users are reminded that market participation involves risks. The platform encourages all traders to conduct independent research and carefully assess their own risk tolerance before engaging in trading. Please remain aware of market risks.

Thank you for your understanding and continued support. If you have any questions or suggestions, please contact our customer support team. Gate is always here to assist you.

Gate Team
October 6, 2025