Scan to download
BTC $76,813.55 -1.55%
ETH $2,290.37 -2.45%
BNB $623.36 -1.33%
XRP $1.39 -2.17%
SOL $84.51 -2.36%
TRX $0.3254 +0.42%
DOGE $0.0978 -0.98%
ADA $0.2455 -2.44%
BCH $448.62 -0.62%
LINK $9.23 -2.33%
HYPE $41.73 +0.76%
AAVE $97.02 +0.96%
SUI $0.9271 -1.65%
XLM $0.1647 -3.30%
ZEC $357.93 +0.81%
BTC $76,813.55 -1.55%
ETH $2,290.37 -2.45%
BNB $623.36 -1.33%
XRP $1.39 -2.17%
SOL $84.51 -2.36%
TRX $0.3254 +0.42%
DOGE $0.0978 -0.98%
ADA $0.2455 -2.44%
BCH $448.62 -0.62%
LINK $9.23 -2.33%
HYPE $41.73 +0.76%
AAVE $97.02 +0.96%
SUI $0.9271 -1.65%
XLM $0.1647 -3.30%
ZEC $357.93 +0.81%

rad

Gate's latest quarterly report is out, TradFi drives the platform towards a multi-asset ecosystem

The globally leading digital asset trading platform Gate has released its latest quarterly report, showcasing strong momentum in the continuous expansion of several core businesses. Gate Perp DEX has entered a phase of scaled growth based on a mature product system, with a cumulative trading volume exceeding $13 billion in the first quarter, over 10 million transactions, and the number of trading pairs surpassing 600. While covering mainstream crypto assets, it has also introduced TradFi perpetual contracts for gold, silver, and crude oil, pushing the platform to extend from single crypto derivatives trading to a multi-asset market.At the same time, the ETF and derivatives markets have shown active performance, with quarterly ETF trading volume increasing from 6.7 billion USDT at the beginning of the year to over 18 billion USDT, covering more than 320 trading pairs; the daily trading user growth for options business has increased by 54.6%. TradFi-related products have become an important driving force for the growth of derivatives, promoting the trading structure from single crypto assets to a multi-asset system.In terms of institutional and product ecosystem, the platform's growth momentum continues to be released. The trading volume of institutional contracts has increased by over 50% compared to the end of last year, and the total number of institutional users has grown by over 66%; asset management scale has increased by 22%, and trading volume has grown by 192%. CrossEx trading volume and net asset scale have achieved approximately 9.4 times and 3.1 times growth, respectively. Gate's multi-business collaborative growth, relying on the integration of TradFi and crypto assets, is accelerating its evolution into a comprehensive multi-asset trading platform.

Gold and silver are fluctuating at high levels, with Gate XAU's 24-hour contract trading volume ranking first across the network

International gold and silver prices are fluctuating at high levels. According to data from the Gate platform, the current price of gold (XAU) is $4,724.38; the current price of silver (XAG) is $76.47. Despite signs of a temporary easing in the international situation, market risk aversion remains strong, driving active trading and positions in related contracts.According to CoinGlass data, the 24-hour trading volume of Gate XAU contracts reached $41.85 million, an increase of 745.48% compared to the previous period, with a position size of $18.87 million, ranking first in the industry; the 24-hour trading volume of Gate XAG contracts reached $31.89 million, a significant increase of 3429.96%, with a position size of $16.51 million, also ranking among the top in the network. In the context of high-level fluctuations, Gate's trading activity has rapidly increased.Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core targets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.
app_icon
ChainCatcher Building the Web3 world with innovations.