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Announcement on the Consolidation of Multiple ETF Leveraged Token Shares
Time: September 12, 2025 15:00:00 (UTC+80
Merged coins: XRP5L, GALA5S, KAS5L, WLD5S, IP3S, GORK3S, KAITO3S, KAIA3S, HAEDAL3S, INIT3L
Estimated time: 2h
The share consolidation process is as follows:
1. Suspend trading pairs of relevant coins and automatically cancel all uncompleted orders.
2. Take snapshots of the holdings of users of the merged ETF leveraged tokens in sequence.
3. The product shares will be consolidated at a ratio of 1000:1, resulting in a decrease in the user's position size to 1/1000 of the previous amount, while the unit net value will increase by 1000 times, and the total value of the user's holdings will remain unchanged (excluding net value changes due to price fluctuations of the underlying during the operation period).
4. Complete the merger and resume trading
If the merger is completed ahead of schedule, the corresponding trading services will be restored accordingly. Please stay updated on market conditions. Please manage your assets in advance.
Click to learn more
👉 https://www.gate.com/announcements/article/47045