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#GIZA Gate News bot message, according to the official announcement from Gate on May 22, 2025:
Gate announced that the GIZAUSDT perpetual contract trading market will be delisted on May 24, 2025, at 16:00 ( UTC+8. Prior to this, the contract trading market will be adjusted to a close-only mode starting from May 23, 2025, at 16:00 ) UTC+8.
Gate said that at the time of delisting, the platform will liquidate and settle the open positions according to the average index price in the last half hour before the delisting. All unfilled pending orders will be automatically cancelled. This decision may affect users who currently hold positions in the GIZAUSDT futures market.