leverage

Gate officially launches the TradFi trading API and simultaneously upgrades the leverage mechanism for TradFi products, further enhancing the maturity of the multi-asset trading ecosystem. The newly introduced TradFi trading API supports automated trading for metals, foreign exchange (FX), indices, commodities, and other mainstream global asset classes. Users can directly access the Gate TradFi trading system through the API.In terms of functionality, this API supports programmatic order submission and management, meeting the needs of algorithmic trading and systematic strategy execution; it also provides real-time market data and order book depth information, offering data support for quantitative analysis and strategy optimization. Additionally, account and position information can be called in real-time through the interface, including balance inquiries, position details, and historical order records, enhancing overall operational and risk control efficiency.In terms of product mechanisms, the Gate TradFi zone innovatively launches an adjustable leverage mechanism, adding multiple leverage options on top of the maximum 500x leverage to meet different strategy needs and enhance the flexibility of position and capital management. The multi-leverage structure continues to maintain the advantages of high-efficiency trading while providing a more flexible parameter space for diversified strategy execution.At the same time, the platform continues to adopt a unified account system, allowing users to trade digital assets and traditional financial products such as metals, foreign exchange, and indices under the same account, using USDT as the unified margin asset to achieve cross-market capital sharing and flexible allocation.The launch of the TradFi trading API creates a closer synergy between programmatic trading capabilities and the multi-leverage mechanism. The automated interface significantly enhances strategy execution efficiency and systematic management levels, while the multi-leverage structure provides more refined options for strategies with different risk preferences and trading cycles.Currently, Gate has established a multi-asset trading system covering digital asset spot, derivatives, and traditional financial products. With the launch of the TradFi API and the implementation of the multi-leverage mechanism, the platform's synergy capabilities in terms of unified accounts, unified margin, and trading tools have been further strengthened, providing more efficient cross-market solutions for institutions and professional users. Looking ahead, Gate will continue to improve interface capabilities and product structures, deepen multi-asset integration and technological upgrades, and accelerate the construction of an integrated intelligent trading infrastructure, expanding broader development space in the competitive landscape of global comprehensive trading platforms.

Binance will remove the following leveraged trading pairs on March 5, 2026, at 14:00: cross-margin trading pairs CHZ/BTC, CAKE/BTC, ENA/BTC, UNI/ETH, CRV/BTC, INJ/BTC, XTZ/BTC; isolated-margin trading pairs FET/BTC, OP/BTC, PAXG/BTC, CHZ/BTC, CAKE/BTC, ENA/BTC, CRV/BTC, INJ/BTC, XTZ/BTC. Please note that related assets will not be transferable to isolated-margin accounts, and during the removal process, users will not be able to update their positions.

According to Lookonchain monitoring, a Matrixport-associated whale holds a long position of 120,000 ETH (worth $241 million) and has just opened a 20x long position of 400 BTC (worth $27.3 million).

According to market news, a giant whale deposited 1.36 million USDC into HyperLiquid and opened a 1x leveraged long position in HYPE.

According to Hyperbot monitoring, Huang Licheng has entered the market again to roll over and go long, currently opening a 25x long position, going long on 355 ETH, with a position size of 729,000 USD, an entry average price of 2,005 USD, and a liquidation price of 2,013 USD.

According to official news, Gate has now launched pre-market trading for KAT perpetual contracts (settled in USDT), supporting 1-10x leverage.

Cryptanalysis analyst Ai Yi @ai_9684xtpa monitors that user folhas99 opened a 40x short position on BTC when the market dropped, currently holding a position of 750 BTC, with a position size of approximately 49.63 million USD, making it the largest BTC position on the Hyperliquid platform.The opening price was 64,534 USD, with a liquidation price of 70,730 USD, currently facing an unrealized loss of about 1.187 million USD. On-chain data shows that this address has placed a limit sell order at the 55,000 USD level, which would realize a profit if the price drops by about 11,000 USD.

According to on-chain analyst Ai Yi (@ai 9684xtpa), a cryptocurrency trader using 40x leverage faced a massive liquidation when the BTC price dropped to $65,056, resulting in a total loss of $1.167 million in the past 24 hours.The trader was liquidated on 395.14 BTC, losing $520,000, while their SOL long position also turned from profit to loss. Currently, the account still holds approximately $13.75 million in long positions, including a long position of 500 BTC, with a liquidation price of $65,930 and very little margin of safety.

According to Onchain Lens monitoring, as the market corrected, Machi Big Brother's 25x leveraged ETH long position has been completely liquidated.After being liquidated, he opened a new 25x leveraged ETH long position again. Currently, Machi's cumulative losses have exceeded 29 million dollars.

According to the official announcement, Bitget has launched the U-based ROBO perpetual contract, with a leverage range of 1-20 times. The contract trading BOT will be opened simultaneously.

Binance Research posted on social media that the leverage ratio of Bitcoin has surged to its highest level since November last year, as the speed of price decline has outpaced the process of active deleveraging.This passive increase in leverage indicates that the market is under peak pressure, and as the deleveraging process slows down and liquidity gradually concentrates, this may signal that a short-term bottom is approaching.

According to Onchain Lens monitoring, a whale "0x521" closed its 25x leveraged Ethereum long position with a profit of $925,700, and then opened a 20x leveraged ETH short position.

According to market trends, on February 25, gold (XAU) briefly broke through the $5200 mark, while silver (XAG) also strengthened and surpassed $90, significantly amplifying volatility in the precious metals market. Against this backdrop, Gate TradFi has launched an innovative adjustable leverage trading mechanism for gold, providing traders with a more tiered choice space based on different risk preferences.The mechanism initially launched XAUUSD20 (Gold 20x), XAUUSD100 (Gold 100x), and XAUUSD200 (Gold 200x) contract products, adding multiple low-leverage options to the existing 500x high-leverage system, offering traders a more flexible allocation plan.This product upgrade further enriches the tiered structure of gold trading, allowing users to flexibly adjust their positions and risk exposure based on market fluctuations and their own strategies. In addition to gold, Gate TradFi also offers XAGUSD (silver) contract trading, covering traditional financial assets such as stocks, indices, foreign exchange, and commodities, including popular targets like Tesla, Nvidia, and Apple, supporting both APP and Web trading.

Binance leverage will add the TAO/USD1 full margin trading pair on February 25, 2026, at 16:00, and will add the ADA/U, DOGE/U, and PEPE/U full margin trading pairs on the same day at 18:00.

Presto Research Associate Researcher Min Jung stated that Bitcoin's drop below $63,000 seems to reflect a broad deterioration in cryptocurrency market sentiment rather than a single fundamental catalyst. In the short term, macro headlines, particularly those surrounding tariffs and resurfacing geopolitical uncertainties, are exacerbating the risk-off sentiment towards digital assets.Jung added, "It is noteworthy that even as traditional risk assets remain relatively resilient, cryptocurrencies have performed poorly recently. This divergence suggests that the sell-off is not purely driven by macro factors, but also reflects weak marginal demand, thinning liquidity conditions, and ongoing deleveraging within the crypto-native market."Bitrue Research Director Andri Fauzan Adziima stated, "We have seen massive long liquidations, with hundreds of millions evaporating, funding rates remaining negative, a sharp decline in open interest, and the futures market clearly leaning bearish. Short-term holders are suffering significant losses, but long-term holders have not yet begun large-scale selling; on-chain HODL signals indicate that some are quietly accumulating during this strategic de-risking process."Adziima pointed out that the $60,000-$63,000 range is a key support area for Bitcoin. If the price can hold steady at or above this level, the market may benefit from the damage caused to shorts by negative funding rates, creating conditions for a classic "squeeze after a washout." The analyst added that potential easing of macroeconomic conditions or a return of ETF funds could further support this trend.Adziima stated that, on the other hand, if it falls below $60,000, in the worst-case scenario, an accelerated chain liquidation due to worsening macro conditions could open the door to a drop towards the mid-$55,000s or even as low as $47,000. Adziima remarked, "At that point, we might ultimately force some long-term holders to capitulate, turning this into a deeper bear market extension before the true cycle bottom arrives."

According to official news, OKX will officially launch stock perpetual contracts on the web, App, and API for certain supported countries/regions on February 25, 2026, at 15:00 (Beijing time). The underlying assets include Robinhood (HOOD), Tesla (TSLA), and Strategy (MSTR), with a maximum leverage of 5 times.

According to the official announcement, Binance will adjust the portfolio margin and the collateral rates for multiple assets such as LRC and QTUM under PMPro on February 27, 2026, at 14:00 (Beijing time).At the same time, Binance Futures will adjust the leverage and margin levels for USDⓈ-M perpetual contracts such as MONUSDT, MASKUSDT, and PEOPLEUSDT on the same day at 14:30. Existing positions will be affected.

Binance leverage will remove the following leveraged tokens and trading pairs on February 26 at 14:00.Cross-margin trading pairs: POL/USDC, ALCX/USDT, SAPIEN/USDC, PNUT/USDC, ARKM/USDC, OPEN/USDC, CKB/USDC, HOLO/USDC, FIL/BTC, BROCCOLI714/USDC;Isolated-margin trading pairs: POL/USDC, ALCX/USDT, SAPIEN/USDC, PNUT/USDC, ARKM/USDC, OPEN/USDC, CKB/USDC, HOLO/USDC, FIL/BTC.

According to market news, a whale with the address "0xead" sold 23,924 ETH for approximately $45.06 million, at a price of about $1,883 per coin. Subsequently, it deposited $16 million USDC into the contract trading platform HyperLiquid and increased its long positions in BTC, ETH, and HYPE, currently facing an unrealized loss of over $30.76 million.The current positions of this account on HyperLiquid include: 20x leverage long on BTC, ETH, XRP; 10x leverage long on AVAX, LINK, LTC, PEPE, ENA, BONK, FARTCOIN, WLD, ZEC, NEAR, TON, ADA, XPL, and 10x leverage short on BCH, as well as 5x leverage long on HYPE.