Gate urgently adjusts lending for 15 tokens: users must settle outstanding loans by January 7.

Gate officially announces the adjustment of lending functions for certain tokens. Starting from 16:00 on January 6, 2026 (UTC+8), the platform will disable the new lending feature for 15 tokens. Users holding these tokens with outstanding loans must complete repayment by 16:00 on January 7. This is a broad policy adjustment that requires immediate attention and action from affected users.

Key Policy Highlights

Clear scope of the closure

The following 15 tokens will have their lending functions disabled: 1CAT, BARSIK, BEER, CATS, FRED, IDV, MONG, MONKY, OCT, SLIM, SMILE, STARHEROES, STARL, ASI, IRIS.

The impacted lending modes include three aspects:

• New loans in spot leverage accounts
• New loans in collateralized lending
• New loans in isolated margin accounts

Note that spot trading for these tokens remains unchanged; only the lending functions are affected.

Important time points

Users with existing outstanding loans must actively repay before 16:00 on January 7. After this time, the system will automatically settle these loans, which may involve forced liquidation and associated risks.

Token Characteristics and Policy Background

Common features of these tokens

The 15 tokens included in this adjustment are mostly small-cap or emerging project tokens. Looking at this list, most exhibit characteristics of community tokens or meme coins, with relatively low market liquidity and limited trading volume.

Recent news indicates that funds flow at Gate exchange is currently undergoing adjustments. In this context, managing risks associated with lending small-cap tokens is a reasonable measure.

Possible reasons for the policy adjustment

Exchanges typically disable lending for small-cap tokens for several reasons:

• Risk management: Small tokens tend to be more volatile, increasing lending risks
• Liquidity considerations: These tokens have limited trading volume, reducing lending demand
• Regulatory compliance: Some small tokens may face regulatory uncertainties
• Business optimization: Focusing resources on mainstream tokens’ lending services

Actions Users Need to Take

Immediate check

If you hold any of these 15 tokens on Gate and have outstanding loans:

1. Log into your account immediately, check your specific loan balances and interest
2. Assess your repayment capacity and available funds
3. Confirm whether you have sufficient other assets in your account for repayment

Repayment options

Users have two choices:

• Use other assets to proactively repay, avoiding risks from automatic settlement
• Wait for the system to automatically settle on January 7 at 16:00, which may involve forced liquidation and additional losses

From a risk management perspective, proactive repayment is the safer option.

Market Impact Assessment

Impact on the prices of these tokens

In the short term, the closure of lending functions may exert downward pressure on these tokens’ prices. Leverage lending is an important trading method for some small tokens; disabling it could reduce trading activity.

However, in the longer term, this is a risk management measure by the platform, reflecting the exchange’s focus on market stability. This could be positive for the overall ecosystem.

Significance for other users

This policy adjustment serves as a reminder that investors should exercise increased caution when trading small-cap tokens with leverage. The exchange may adjust lending policies at any time, and risks include not only market volatility but also policy changes.

Summary

Gate’s removal of lending functions for 15 tokens is a clear policy adjustment. Key points include:

• Involves 15 small-cap tokens, affecting three lending modes
• Users must settle outstanding loans before 16:00 on January 7
• Overdue loans face automatic settlement risks
• Reflects the exchange’s emphasis on risk management

For users holding these tokens with loans, immediate account review and action are necessary. For the broader market, such policy adjustments are normal risk management practices, serving as a reminder for investors to be more cautious when using leverage.