Announcements Gate Supports Slerf (SLERF) Token Swap

Gate Supports Slerf (SLERF) Token Swap

2025-09-26 03:00:59 UTC 19313 Read

SLERF/USDT -1.64%

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the latest official announcement from the Slerf (SLERF) team, the current SLERF tokens will be swapped to new contract token at a 1 old : 2 new. Gate will support this token swap and provide swap service for users. User’s SLERF tokens on Gate will be automatically swapped.
 
### Gate will take the following steps:
1. By 08:00 UTC on September 27, 2025, Gate will disable new leveraged lending and collateral lending for Slerf (SLERF).
2. By 07:30 UTC on September 28, 2025, the SLERF/USDT futures trading will be set to [reduce-only] mode. If you have active positions, please adjust your strategy in advance.
3. At 08:00 UTC on September 28, 2025, All SLERF/USDT positions will be automatically settled based on the average index price from the last 30 minutes before suspension. All unfilled orders will be canceled. Please close your positions before this time to avoid forced settlement.
4. For users with active quantitative trading strategies involving SLERF, please adjust strategies in advance. All active strategies will be forcibly terminated before 08:00 UTC on September 28, 2025.
5. At 03:00 UTC on September 29, 2025, Gate will suspend SLERF deposit, withdrawal, and spot trading services, including the SLERF_USDT spot pair, quantitative grid trading, Simple Earn, and margin trading.
6. For users holding SLERF in Simple Earn, please manually redeem your assets in advance, or they will be automatically redeemed before 03:00 UTC on September 29, 2025.
7. For users with outstanding Slerf (SLERF) margin loans, please repay your loans in advance. Otherwise, the loans will be automatically settled by 03:00 UTC on September 29, 2025.
8. New Slerf (SLERF) ID: 9999FVbjHioTcoJpoBiSjpxHW6xEn3witVuXKqBh2RFQ (SOL)
 
### For more details on this token swap, please refer to the official announcement:
https://x.com/Slerfsol/status/1955598708214534563 
 
Please note that the token supply will change from 499,988,978 to 1,000,000,000 after this swap. Gate will no longer support the old Slerf (SLERF) contract tokens after the swap. The listing time for new contract tokens will be announced separately after Gate completes the listing review.
 
We understand this change may cause some inconvenience and sincerely apologize for any disruption caused. We are committed to ensuring a smooth swap process and will provide timely updates as needed.
Thank you for your support and trust in <a href="https://www.gate.com" target="_blank">Gate</a>. If you have any questions or need assistance, please feel free to contact our customer service team.

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