ChainCatcher News, according to an official announcement, Gate Perp DEX launched the “New Year Opening Position to Win Red Envelopes” themed event from February 12 to February 26, with a total prize pool of 20,000 USDT. This event focuses on real on-chain perpetual contract trading scenarios and encourages continuous participation in on-chain trading during the Lunar New Year through a three-tier mechanism: new user opening position rewards, cumulative trading cashback, and lucky red envelope draws.
During the event, new users who complete their first perpetual contract trade and reach a total trading volume of 1,000 USDT or more can receive an opening position red envelope reward. Additionally, all users who achieve different tiers of cumulative trading volume within the event period can earn corresponding USDT cashback rewards. Furthermore, users who meet specified trading volume or consecutive trading conditions can participate in the Lunar New Year lucky red envelope draw to win additional rewards.