According to official news, Gate has officially launched the industry's first contract asset interest-bearing function, allowing users to automatically generate income for USDT in their contract accounts without affecting trading, achieving "trading and value appreciation" in parallel.
It is understood that this feature is currently applicable to users of the classic spot trading mode. When the USDT balance in the contract account is not less than 10, after enabling the "Hold and Earn Interest" feature, the system will automatically take a daily snapshot and calculate interest based on the balance, which will then be distributed to the spot account. During this period, the funds can still be used normally for opening positions, adding margin, and other operations, without affecting any trading activities.
Gate stated that the system takes snapshots at multiple times daily, using the average balance as the principal for interest calculation to ensure fair and transparent returns. Previously, the platform had already launched a cash-holding interest service in spot accounts, allowing users to earn returns on idle assets.
