PANews reported on October 29 that according to official news, Gate, the world's leading cryptocurrency trading platform, has officially launched the industry's first contract asset interest-generating function, which supports users to automatically generate income from USDT in their contract accounts without affecting transactions, realizing "trading and value-added" in parallel.

This feature is currently available to users of the Classic Spot Trading model. Once the USDT balance in your contract account is at least 10, enabling the "Hold and Earn Interest" feature will automatically generate daily snapshots and distribute interest based on the remaining balance to your spot account. During this period, funds can still be used for opening positions, adding margin, and other operations, without affecting any trading activity.

Gate stated that the system takes snapshots at multiple points daily, using the average balance as the principal for interest calculation, ensuring fair and transparent return calculations. Previously, the platform launched a coin-holding interest-earning service for spot accounts, allowing users to earn income on idle assets. The launch of this new contract asset interest-earning feature marks another expansion of Gate's contract ecosystem services, combining capital utilization efficiency with asset appreciation to provide users with a more flexible and valuable asset management experience.