Gate Launchpad completes its 5th Kodiak (KDK) token distribution and will launch spot trading.

According to official news, Gate has completed the distribution of Kodiak (KDK) tokens in the 5th Launchpad offering. Gate will launch Kodiak (KDK) spot trading on December 23rd at 22:00 (UTC+8), and will also launch Kodiak (KDK) instant exchange trading on December 23rd at 23:00 (UTC+8).

To thank its users, Gate is launching a special VIP 2026 New Year's Red Packet Rain and a spot trading competition. The Gate VIP 2026 New Year's Red Packet Rain has a total prize pool of 85,714 KDK and 200,000 CYS, with a total value of approximately 70,000 USDT. Gate is also launching a Kodiak (KDK) trading competition; participants can share 107,142 KDK, with a maximum single-person prize of 7,560 KDK.