Gate.io Launches High-Leverage FIS Perpetual Contracts, Fueling Significant Price Surge

Gate.io has introduced high-leverage support for FIS perpetual contracts, granting traders up to 50x leverage. This move ignited a price surge in the FIS token, which soared over 20% within a single day. Trading volume surged to $12.52 million after the announcement, reflecting heightened interest from investors seeking high-risk, high-reward opportunities. The launch of FIS perpetual contracts on Gate.io marks another step towards bolstering the platform’s derivatives offerings and attracting sophisticated traders. This initiative aligns with Gate.io’s broader strategy to expand into new markets and solidify its position in the cryptocurrency ecosystem.