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Gate adds SLVON perpetual contracts, supporting up to 20x leverage, and the precious metal tokenization product is officially launched.
【Crypto World】Gate recently launched the SLVON perpetual contract trading pair, settled in USDT, with leverage ranging from 1x to 20x, catering to traders with different risk preferences. Simultaneously, the Gate Perp DEX version was also introduced, providing users with diversified trading channels. With this product update, the exclusive SLVON trading competition will also be launched gradually. Please stay tuned to the platform for specific dates.
It is worth noting that SLVON is one of the first precious metal silver products to be tokenized on the blockchain, essentially a tokenized version of the iShares Silver Trust. This innovative model allows token holders to gain economic rights similar to directly holding iShares Silver Trust shares and automatically reinvesting dividends. In other words, users can not only benefit from the price fluctuations of silver but also enjoy an additional dividend reinvestment-like income mechanism—offering a completely new way for traditional precious metal investors to participate.