Urgent Reminder: Gate will delist 4 perpetual contracts, and positions must be closed by January 9th.

Gate Exchange Official Announcement: On January 9, 2026, at 16:00( UTC+8), the trading markets for four perpetual contracts—DGRAM_USDT, LOOKS_USDT, IKA_USDT, and PLANCK_USDT—will be delisted. This means users holding positions in these contracts need to close their positions before 15:30 tomorrow; otherwise, automatic liquidation and settlement will occur. This is an urgent matter requiring immediate action.

Important Time Points

Time Action Description
January 9, 2026, 15:30 Enter Sell-Only Mode Users can only close positions, cannot open new ones
January 9, 2026, 16:00 Contract Delisting Automatic liquidation and settlement; unfilled orders will be canceled

The Four Contracts Being Delisted

The perpetual contracts being delisted by Gate involve four cryptocurrencies. Among them, DGRAM is a newly listed coin that went live on November 14, 2025, currently ranked 1884th by market cap. According to the latest data, DGRAM is priced at $0.000714, with poor recent performance: down 7.27% in 24 hours, down 24.55% in 7 days, and down 87.29% over 30 days. There is no detailed market data available yet for the other three tokens—LOOKS, IKA, and PLANCK.

Immediate Actions Required by Users

  • Check if you hold positions in any of the four contracts above
  • If yes, close your positions before 15:30 on January 9
  • Note that sell-only mode only allows closing positions, no new positions can be opened
  • Cancel all pending orders to avoid slippage caused by automatic cancellation

Automatic Liquidation and Settlement Mechanism

If users do not close their positions before 15:30, Gate will automatically liquidate and settle open positions at the average index price during the last half hour before delisting at 16:00. If there is significant price volatility within this 30-minute window, the platform will select a broader range of average index prices for settlement to prevent unfair outcomes during extreme market conditions.

Summary

Less than 48 hours remain until delisting. Users need to immediately review their accounts and take action. Although such delisting events are rare, once they occur, users must proactively close their positions to avoid automatic liquidation. This is especially important for new tokens like DGRAM, which have experienced significant recent price declines. Users with relevant positions are advised to log in and complete the closing process as soon as possible, rather than waiting until the last minute.

DGRAM20,67%
LOOKS4,41%
IKA-4,38%
PLANCK-5,19%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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