CoinWorld News, on July 18, according to the official announcement, Gate officially launched the PUMP 3x ETF leveraged token. Starting from July 18 at 19:00 (UTC+8), users can trade the following products: PUMP3L (buy 3 times long PUMP), PUMP3S (buy 3 times short PUMP). The Gate 3x ETF leveraged token uses a perpetual contract hedging mechanism to accurately track the daily price fluctuations of the underlying asset, providing 3 times the returns of the underlying asset, suitable for short-term trend trading strategies. [CoinWorld News]