On August 9, HIP-3 DEX Paragon spent 580.97 HYPE to acquire the code of CAMBRICON, suggesting perpetual trading for the Chinese AI chip designer could go live in the coming days. CAMBRICON focuses on AI core chips, covering cloud accelerators, edge computing, IP licensing, and system software.

Gate said its stock derivatives section will debut 10 perpetual contracts on August 4 at 13:30 (UTC+8), with all contracts settled in USDT and offering 1x to 20x leverage. The first batch includes CAMBRICON, EOPTOLINK, IEIT, MONTAGE, FII, NAURA, AMEC, SUNGROW, CMOC and BLUEFOCUS, each listed with their corresponding China A-share tickers. The exchange also said it will open the 12th new-token airdrop event for its stock derivatives section from August 4 at 16:00 to August 13 at 16:00 (UTC+8). Under the campaign, new users can receive 5 USDT after completing their first futures trade, while participants who complete daily trading-volume check-ins for eligible contracts can collect as much as 35 USDT in total. Users trading the designated contracts will also be able to share a 30,000 USDT prize pool. According to the official announcement cited by ChainCatcher, the total prize pool for the event is 50,000 USDT, and the maximum reward available to a single participant is 240 USDT.