Gate Perp DEX Launches New Year Trading & BTC Price-Prediction Challenge — 20,000 USDT Prize Pool
Gate Perp DEX is running a New Year Challenge from Dec 25, 2025 to Jan 10, 2026 with a total 20,000 USDT prize pool. The promotion combines two play modes: a 15,000 USDT trading-challenge pool rewarding users who complete first trades, trade multiple pairs, or record profitable trades; and a 5,000 USDT BTC/USDT perpetual contract index price-prediction pool where the top 200 closest forecasts share rewards. The announcement targets increased trading activity and user engagement on Gate Perp DEX during the holiday window. No investment advice is provided.
Neutral
This announcement is primarily a marketing promotion aimed at boosting trading volume and user engagement on Gate Perp DEX rather than a development that materially changes protocol fundamentals or market liquidity. Short-term effects may include modest increases in BTC/USDT perpetual volumes and heightened volatility around the contest window as participants open and close positions and submit price predictions. Similar exchange-led incentive campaigns (bonus pools, prediction games) typically produce temporary volume spikes and more retail activity but do not alter long-term price trends. Therefore the market impact is neutral: bullish for short-term volume and retail engagement, but without lasting fundamental implications for BTC or the derivatives market.