Gate News reports that, according to the official Gate announcement on July 9, 2026, Gate will perform a share consolidation of LAB3L to enhance trading experience and optimize price accuracy.
The trading close and open interest snapshot are scheduled for July 9, 2026, at 5:00 PM (UTC+8), with an expected duration of one hour. The share consolidation ratio is 1,000,000:1, and users' open interest will decrease to one-millionth of the previous amount, with the unit net asset value increasing by a factor of 1,000,000. The total value of users' open interest will remain unchanged. During the consolidation process, related trading pairs will be suspended, and all pending orders will be automatically canceled. Trading services will resume after the consolidation is complete.
K-line data will be adjusted accordingly, and Gate will provide adjusted K-line data to improve user experience.