Gate launches grassroots culture perpetual contracts, with 1-20x leverage available, further enhancing the depth of Chinese Meme coin trading

According to the latest news, Gate has officially launched the grassroots culture(USDT) perpetual contract trading, supporting 1-20x leverage for long and short positions. This marks another significant exchange support for the grassroots culture project following SuperEx’s launch, and also reflects the continuous upgrade of the Chinese Meme coin ecosystem in terms of trading depth and liquidity.

Core Information on the Contract Launch

Trading Parameters Overview

Gate has simultaneously launched Gate Perp DEX (decentralized perpetual contract trading platform), allowing users to trade grassroots culture perpetual contracts through centralized or decentralized channels. This dual-channel layout offers options for traders with different risk preferences.

Stage-wise Breakthrough in Project Development

Progressive Expansion Supported by Exchanges

According to relevant information, grassroots culture has achieved rapid expansion from spot trading to perpetual contracts in less than a week. The project initially launched on SuperEx with a market cap around 4 million, and now it has gained support for perpetual contracts from top exchanges like Gate.

This rapid progression of exchange support indicates that the project has reached a certain level in trading volume, community enthusiasm, and market recognition. The launch of perpetual contracts usually signifies that the exchange is optimistic about the project’s long-term prospects and provides investors with more diverse trading strategies.

A Microcosm of the Chinese Meme Coin Ecosystem

The quick launch of grassroots culture reflects the overall trend of the current BSC Chinese Meme coin ecosystem. According to relevant information, this wave of Chinese Meme coins was ignited by tweets from Binance executives CZ and He Yi. Projects within the ecosystem are receiving phased support—from small exchanges to top-tier exchanges, from spot to contracts.

From the success of projects like Binance Life, I’m Coming, Hakeem, and others, to the rapid expansion of grassroots culture, the market is sending a clear signal: projects with a solid consensus foundation and community support are gaining increasing attention from exchanges.

Opportunities and Risks of Leverage Trading

Double-Edged Sword of 1-20x Leverage

The launch of perpetual contracts opens up more operational space for traders. The 1-20x leverage range offers options for traders with different risk tolerances, but it also amplifies risks accordingly.

Market observations indicate that within the Chinese Meme coin ecosystem, there is a high-intensity PVP (player versus player) phenomenon, which further magnifies the risks of leveraged trading. Traders need to rationally recognize that the higher the leverage, the greater the risk of liquidation.

Improvement in Trading Depth and Liquidity

The simultaneous launch of Gate Perp DEX provides a decentralized trading channel, which helps improve liquidity and reduce slippage. The dual-channel trading also offers users more choices—either accessing deeper liquidity on centralized exchanges or higher decentralization on DEXs.

Deep Insights into Ecosystem Significance

The Inevitable Path from Spot to Contracts

When a project gains enough market attention and trading volume, the launch of perpetual contracts is almost inevitable. This not only enhances the project’s trading depth but also attracts more professional traders. For grassroots culture, this is a sign of project maturity.

The “Formalization” Trend of the Chinese Meme Coin Ecosystem

From relevant information, Chinese Meme coins have upgraded from niche play to support by more mainstream exchanges. The progressive development from SuperEx to Gate, from spot to contracts, indicates that the ecosystem is gradually moving toward a more standardized and in-depth trading environment.

However, it is important to note that this development also brings higher market competition and more complex risks. The early stories of hundredfold returns are becoming increasingly difficult to replicate, and market participants are continuously diversifying.

Summary

The launch of grassroots culture perpetual contracts on Gate marks another milestone in the development of the Chinese Meme coin ecosystem. It demonstrates the project’s rapid growth trajectory and reflects the overall ecosystem’s upgrade in trading depth and liquidity.

The key points are threefold: First, this is a stage-wise breakthrough in project development, from small exchanges to top-tier exchanges, and from spot to contracts support. Second, the Chinese Meme coin ecosystem is moving toward a more regulated trading environment, but competition and risks are intensifying. Third, leverage contracts present both opportunities and risks, and traders need to approach them rationally.

Future focus should be on whether more Chinese Meme coin projects will continue to receive similar exchange support, and whether this wave of ecosystem enthusiasm can be sustained and evolved.