Gate options have been launched with IV order function trading What is an IV order? IV orders allow you to place orders based on "implied volatility (IV)" instead of directly entering prices. The system will automatically convert the IV you set into a price and display it in the order book. IV Order Window on Gate ))))/image/1_20250909_162313_b765df576a83b9d9ca153e26e7b25bff.png) 1. Check box Order interface: Select one checkbox; After selecting Price or IV, the other option is grayed out and cannot be clicked; 2. IV input box Initial value: default filled with Mark IV; Input rule: After entering IV, calculate the corresponding price in real-time and fill it into the price input box; Real time calculation of corresponding price after input; The minimum input precision is 2 decimal places, which is xx. xx%; Price conversion logic: The price converted from IV is rounded down to the nearest integer based on the tick size precision of the currency; For example, if the price of BTC IV after commission conversion is 300.45, the hanging unit price will be lowered by 300; 3. Double confirmation order pop-up window ))))/image/2_20250909_162345_9a67ec0b2a1dd43808f0bda74b5dc735.png) Entrusted price: Display the IV value filled in by the user when placing an order; As shown in the following figure: Change/Cancel Order 1. Display the commission IV value in Open orders; Maintain the latest pending orders IV and price through data updates; ))))/image/3_20250909_162449_dec54c5371a42424287b0861b86b5a65.png) 2. Display the corresponding IV and Mark prices in the Last price field of the pop-up window; Click on the IV field and bring it into the corresponding IV input box in the order modification pop-up window; Refer to the following figure to change the IV value. ))))/image/4_20250909_162811_f5dcf213770766e97f2ff81ca83599a0.png) Note: 1. Changing the order can only modify the fields of the user's delegation method. For example, if the user places an order with IV, only IV can be modified when changing the order, and the price input box is grayed out and cannot be edited; 2. The content of the size field can be modified under any delegation method; Display of IV orders in historical orders ))))/image/5_20250909_162958_22dfb5a3ab7ea6210852e313c6e5ea03.png) The price of the IV order type is displayed as the price corresponding to the IV at the time of the last pending transaction; Add user pending order IV data next to the order price; Form: 12222 (IV: 75%) Gate team September 10th, 2025