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Cherry AI(AIBOT) derivation will stop trading on Gate on September 12, and users need to promptly manage their leverage and contract positions.
Gate News bot reported that according to the announcement in 2024, Gate will adjust the Cherry AI (AIBOT) derivatives trading.
Gate will close the leveraged lending business of AIBOT. Existing leveraged loans will be automatically settled and repaid on September 12, 2025, at 16:00 ( UTC+8 ).
At the same time, the AIBOT/USDT contract trading market will be adjusted to a reduction-only mode on September 12, 2025, at 15:30 ( UTC+8, and will automatically settle all contract positions at 16:00 ) UTC+8 based on the average index price of the half hour prior to the stop. AIBOT spot trading will not be affected.