**[Gate Launches ETF Leveraged Tokens DASH3L and DASH3S]** To fully meet users' diverse trading needs, Gate is launching DASH3L (3x long DASH upon purchase) and DASH3S (3x short DASH upon purchase) ETF leveraged tokens. **Details are as follows:** 1. **Trading Time:** January 21, 2026, 15:00 (UTC+8), opening trading pairs DASH3L/USDT and DASH3S/USDT 2. **Initial Net Value:** 1 USDT **About Gate ETF Leveraged Tokens** Gate ETF leveraged tokens are trading products with built-in leverage and an automatic rebalancing mechanism. The ETF products adjust the leverage ratio daily to return to the target leverage multiple based on profits and losses. Profits lead to opening positions, while losses lead to reducing positions. Users do not need to pay a margin when trading leveraged products; they can achieve leveraged trading simply by buying and selling tokens. Before trading or participating in any Gate ETF leveraged token products, please ensure you have thoroughly read the Gate ETF Leveraged Token Instructions and fully understand the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you bear the risks of trading Gate ETF leveraged tokens. For more tutorials: **Beginner's Guide to Gate ETF Leveraged Tokens** **Risk Warning** Due to their built-in leverage mechanism, ETF leveraged tokens carry high risks, and price fluctuations may result in significant gains or losses. Additionally, due to periodic and temporary rebalancing mechanisms, cumulative returns over a certain period may not fully match the target leverage multiple. Leveraged tokens are primarily suitable for short-term trading and are not suitable for long-term holding. Please fully understand the associated risks before trading. **Gate Team** January 21, 2026