Gate News bot message, according to the official announcement from Gate on July 22, 2025:
Gate will remove the trading markets for 27 tokens including 88MPH, ALTAIR, and MATRIX. The affected trading pairs are all USDT trading pairs, and this also involves services such as quantitative grid trading, idle coin treasure, and leveraged trading. SPAY and VRTX are temporarily not supported for withdrawals due to on-chain anomalies.
The delisting will be carried out in phases: The platform has suspended the recharge of related tokens; on July 23, 2025, at 16:00 ( UTC+8, new leveraged lending and collateral lending will be closed; on July 29, 2025, at 11:00 ) UTC+8, all related trading services will be suspended.
For users who still hold the relevant tokens, Gate will provide a repurchase service after August 12, 2025. The repurchase prices have been set individually for each currency, and the maximum compensation amount for a single user is 100 USDT. Users can submit repurchase applications from August 12 to August 18.