To continuously optimize the trading experience and safeguard user assets, in accordance with Gate’s regular project review mechanism, we have decided to implement the following adjustments for NULS (NULS) derivative trading pairs:

I. Adjustment Details

1. Delisting of Futures
   If you have open positions in the futures market, please adjust your strategies in advance. On June 20, 2025, at 11:30 UTC, the NULS/USDT perpetual contract market will enter reduce-only mode.
   On June 20, 2025, at 12:00 UTC, Gate will automatically settle all remaining positions based on the average index price from the last 30 minutes before trading suspension. Any unfilled orders will be automatically canceled. And if you have open positions in the affected futures market, please close them before 12:00 UTC on June 20, 2025, otherwise they will be force-settled.
2. Removal of Margin Trading Pairs
   Gate has disabled new margin borrowing for NULS.
   If you have outstanding margin loans involving these tokens, please repay them in advance. Any remaining loans will be automatically settled by 12:00 UTC on June 20, 2025.

II. User Guidance

• Perpetual Contracts: Close positions in advance to avoid forced liquidation.
• Margin Trading: Repay outstanding loans promptly to prevent automatic settlement.
• Spot Trading: NULS spot trading will remain unaffected.
  Thank you for your support of Gate. We remain committed to providing you with a secure and efficient trading environment.

Gate Team
Jun 20th, 2025

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