Tech
Gate adds index-priced Bitcoin and Ether event contracts
Crypto exchange Gate has launched event contracts tied to Bitcoin and Ether that settle against its own contract index price. The products offer five- and 15-minute durations. The launch includes a 100,000 USDT voucher promotion for users.
Why this matters?
Shows a crypto-native exchange moving into short-duration event contracts, a format that competes with prediction markets and traditional derivatives venues for high-frequency crypto traders.
The bigger picture
Joins Polymarket and Coinbase in the short-duration crypto contract race, with all three venues now targeting high-frequency crypto traders with sub-15-minute settlements on identical underlyings.