Gate News bot news, according to Gate official announcement on December 12, 2025
Gate will delist AVAIL/USDT, FLM/USDT, TOKEN/USDT, SUNDOG/USDT, and PORTAL/USDT perpetual futures trading market at 16:00 (UTC+8) on December 12, 2025.
Starting from 15:30 (UTC+8) on December 12, the above contracts will enter the reduce-only mode, and users can only close positions but not open positions. At 16:00 (UTC+8), Gate will automatically clear and settle all open positions according to the average index price in the last half hour before the delisting, and the unfilled pending orders will be automatically canceled. If the price fluctuates too much in the last half hour, Gate will choose a wider range of average index prices for settlement.
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