[Gate Event Contract Product Update: Newly Launched SOL and XRP Trading Targets, Offering Multiple Short-Term Trading Cycles] The Gate event contract product lineup has expanded once again, with the addition of SOL and XRP price direction trading targets. Simultaneously, 5-minute, 15-minute, 1-hour, and 4-hour short-term trading cycles are now available. The product features no leverage and no margin requirements—users simply predict short-term price movements of the tokens to complete trades, making it more accessible to operate. 1. What is an event contract? An event contract is a trading product centered around "price direction judgment." Users only need to predict the price trend of the target within a specific time cycle, such as 5 minutes or 15 minutes, choose either bullish or bearish, input the amount, and submit the order to participate in trading. Example: For SOL's 5-minute market (22:10–22:15), if you predict that the settlement price at 22:15 will be higher than the baseline price at 22:10, choose bullish; otherwise, choose bearish. The system will automatically settle at the end of the cycle, and positions can also be closed early to lock in profits or limit losses. 2. Newly added targets and cycles in this update New targets: SOL, XRP Supported cycles: 5 minutes, 15 minutes, 1 hour, 4 hours Currently tradable tokens for event contracts: BTC, ETH, SOL, XRP. The platform will continue to expand with more targets and time cycles. 3. How to participate Open the Gate App or log in to the Gate official website, navigate to the [Contracts] section, and switch to [Event Contracts] to start trading. Gate Team August 14, 2026