[//]:content-type-MARKDOWN-DONOT-DELETE To meet the diverse trading needs of users, Gate will list the PI5L (5X long PI) and PI5S (5X short PI) ETF leveraged tokens. **Listing Details:** 1. Trading Start Time: May 13, 2025, at 7:00 AM (UTC), PI5L/USDT and PI5S/USDT trading pairs will be available. 2. PIial Net Value: 1 USDT **About Gate ETF Leveraged Tokens** Gate ETF leveraged tokens are trading products with built-in leverage and an autPIatic rebalancing mechanism. The ETF products adjust their leverage ratio daily based on profits and losses to maintain the target leverage multiple—expanding positions when profitable and reducing positions when losses occur. Users can achieve leveraged trading simply by buying and selling these tokens, without the need to pay margin. Before trading or participating in any Gate ETF leveraged token products, please ensure that you have read the **Gate ETF Leveraged Token Guide** in full and fully understand the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you bear full responsibility for the risks of trading Gate ETF leveraged tokens. For more tutorials, visit: **Gate ETF Leveraged Tokens Beginner’s Guide** Gate Team May 13, 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 to List ETF Leveraged Tokens PI5L and PI5S