GIGADEV Listed on Trade.xyz with 10x Leverage and 24/7 Trading

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Trade.xyz has listed GIGADEV, a token tracking GigaDevice Semiconductor (603986) on the Shanghai Stock Exchange. The token converts CNH prices to USD using the USD/CNH exchange rate and offers 10x leverage with 24/7 trading. On-chain data reveals growing interest in cross-border exposure to Chinese technology assets. GigaDevice, headquartered in Beijing, is a leading fabless semiconductor company specializing in NOR flash, DRAM, microcontrollers, and analog chips. On-chain analysis shows active participation from global traders in the new listing.

Odaily Planet Daily reports that trade.xyz has announced on X that GIGADEV is now live, offering 10x leverage and 24/7 trading.

GIGADEV tracks the value of one share of GigaDevice Semiconductor Inc., listed on the Shanghai Stock Exchange, with the stock code 603986. This oracle converts the stock's CNH price to USD using the current USD/CNH exchange rate.

According to the introduction, GigaDevice is a fabless chip manufacturer headquartered in Beijing, a global leader in NOR flash memory, and also produces dedicated DRAM, microcontrollers, and analog chips.

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