Gate responds to abnormal fluctuations in TUT, Lobster, and BICO perpetual contracts: will provide full USDT compensation to affected liquidated users

Odaily星球日报讯 In response to the abnormal and severe volatility in the perpetual contract markets of TUT (TUTUSDT), Lobster (龙虾 USDT), and BICO (BICOUSDT) on August 9, 2026, Gate has promptly launched a special review and risk control investigation. To safeguard the legitimate rights and interests of users, Gate will provide full USDT compensation to affected liquidated users who meet the compensation criteria. The platform has opened a dedicated processing channel. Affected users can contact Gate through official channels such as VIP account managers or online customer service. The platform will complete the implementation of the compensation plan within three working days and disburse the compensation amount to users' spot accounts.

Gate stated that user rights will always remain the core focus of the platform. It will continue to strengthen abnormal trading detection, risk control for low-liquidity markets, dynamic management of risk parameters, and the development of pricing and liquidation mechanisms, further enhancing the platform's risk prevention capabilities and market governance standards. Gate remains committed to building a fair, transparent, and secure trading environment, continuously listening to user feedback, and working with the community to maintain a healthy and stable market ecosystem.