[//]:content-type-MARKDOWN-DONOT-DELETE To cater to diverse trading needs, Gate has listed multiple 3x ETF leveraged tokens. The details are as follows: 1. Tokens Available: PUMP3L, PUMP3S, PENGU3L, PENGU3S 2. Trading Start Time: July 18, 2025, at 11:00 (UTC) 3. Initial Net Value: 1 USDT **About Gate ETF Leveraged Tokens** Gate ETF leveraged tokens are trading products with built-in leverage and an automatic rebalancing mechanism. The ETF product adjusts its leverage rate daily based on profits and losses, returning to the target leverage ratio. Profits result in opening positions, while losses lead to reducing them. Users can achieve leveraged trading simply by buying and selling tokens, without needing to pay margin. Before trading or participating in any Gate ETF leveraged token product, please ensure you have thoroughly read the Gate ETF Leveraged Token Description and fully understood the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you bear the risks of trading Gate ETF leveraged tokens. For more tutorials, refer to the Getting Started with Gate ETF Leveraged Tokens **Risk Warning** Leveraged ETF tokens carry higher risks due to their built-in leverage mechanism, and price fluctuations may result in significant gains or losses. Additionally, because of scheduled and ad hoc rebalancing, cumulative returns over certain periods may not exactly match the target leverage multiple. Leveraged tokens are primarily suited for short-term trading and are not suitable for long-term holding. Ensure you fully understand the associated risks before trading. Gate Team July 18, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Lists ETF Leveraged Tokens: PUMP3L/3S & PENGU3L/3S