[//]:content-type-MARKDOWN-DONOT-DELETE Gate has launched the VELVET Lucky Draw Carnival. Participate for a 100% chance to win rewards. Register now to secure your airdrop bonus, with a maximum of $2,000 per user.

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**Event Period: August 25, 2025, 4:00 – August 31, 2025, 15:59 (UTC)** **How to Participate** 1. Click the [Join Now] button above to be considered successfully registered 2. Complete the tasks below to automatically earn a lottery qualification. Each participant is guaranteed to win 3. The daily prize pool is limited. Rewards will be refreshed at 00:00 (UTC) the following day. Please do not perform multiple repeated actions in a short period, as this may result in the loss of your eligibility **[New User Exclusive] First Futures Trading Task** During the event, all newly registered users who complete their first futures trade of any token with a total volume of at least $500 will earn 1 draw entry. **[New User Exclusive] Exclusive futures Trading Task** During the event, all newly registered users who complete a futures trade on VELVETUSDT futures trading pair with a total volume of at least $1,000 will instantly earn 1 draw entry. (Limit: 5 times) **[Spot User Exclusive] First futures Trading Task** All spot users who have never traded futures before will instantly earn 1 draw entry for their first futures trade (any token available) with a total volume of at least $1,000. (Limit: 5 times) **Airdrop Zone for All Traders: Everyone Gets a Share** During the event, both new and existing users who complete any token futures trade with a total volume of at least $2,000 will instantly earn 1 draw entry. **Airdrop Boost Zone for All Traders: Everyone Gets a Share** During the event, both new and existing users who complete VELVETUSDT futures trade with a total volume of at least $1,000 will instantly earn 1 draw entry. (Limit: 5 times) **[Bonus Reward] Zero-Threshold Share of 50,000 VELVET** During the event, all users who click the button above to join the event and complete VELVETUSDT futures trading volume of at least $1,000 will share in the airdrop rewards after the event ends and receive the corresponding VELVET airdrop tokens, limited to 200 VELVET per user. **Event Rules:** 1. Participants must click the [Join Now] button on the event page to register for the event and complete identity verification to receive rewards. 2. During the event period, the trading volume is calculated as the sum of buy and sell volumes. 3. The total prize pool of the event is 250,000 VELVET. Rewards will be issued as VELVET tokens. If you win a reward, it will be credited to your account automatically. 4. Users can participate in other similar Gate events but will only receive one reward from the activities. 5. Mass account registration, malicious volume manipulation, wash trading, or coordinated trades are strictly prohibited. Multiple accounts belonging to the same verified user will be treated as one account. Sub-accounts are not eligible. 6. Market makers, businesses, institutions, and agency accounts are not eligible for this event. 7. In case of discrepancies between translations and the English version, the English version will prevail. 8. Gate reserves the final interpretation rights for this event. 9. Users in the UK and other restricted regions may be unable to access all or part of the services (including participation in this event, games, or competitions). For details, please read the User Agreement . 10. Risk Warning: Cryptocurrency trading is subject to market, policy, and other factors that may cause unpredictable price fluctuations. Please be aware of market risks and trade cautiously. For more futures information, please refer to the Futures Trading Guide .
Gate Team August 25, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Futures Lucky Draw Carnival : Guaranteed 5 VELVET Airdrop per User

Futures Lucky Draw Carnival : Guaranteed 5 VELVET Airdrop per User