MGBX to Launch GSUSDT, SMHUSDT, and PYPLUSDT Perpetual Contracts on August 4

iconKuCoinFlash
Share
AI summary iconSummary
MGBX will launch perpetual contracts for GSUSDT, SMHUSDT, and PYPLUSDT on August 4, 2026, at 18:00 (SGT). These contracts offer up to 25x leverage. GSUSDT is linked to Goldman Sachs, SMHUSDT tracks the VanEck Semiconductor ETF, and PYPLUSDT is tied to PayPal. This update is categorized under token launch news and on-chain news.

Odaily Planet Daily reports that, according to official announcements, MGBX will list the perpetual trading pairs GSUSDT, SMHUSDT, and PYPLUSDT on August 4, 2026, at 18:00 SGT, with trading opening at the same time and leverage of up to 25x supported.

Goldman Sachs is a longstanding financial institution founded in 1869, renowned as a global leader in investment banking. The SMHUSDT perpetual contract tracks the price of the VanEck Semiconductor ETF, one of the largest and most liquid exchange-traded funds (ETFs) in the global semiconductor industry. Additionally, PayPal was spun off from eBay in 2015, focusing on online transactions and providing electronic payment solutions for merchants and consumers.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.