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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.

JUST officially disclosed its Q1 2026 financial report today, with core data showing strong growth trends. In this quarter, through continuous investment, a total of 1.356 billion JST (accounting for 13.70% of the total supply) has been repurchased and destroyed, with a total repurchase amount reaching 60.03 million USD, highlighting the ongoing deep deflationary effect; at the same time, JustLend DAO's TVL steadily climbed to 6.91 billion USD, with the number of active users surpassing 482,000, further consolidating ecological liquidity and market influence. In the future, JUST will upgrade its diversified repurchase mechanism to build a more robust growth flywheel, continuously enhancing the long-term holding value of JST.

According to the official announcement, the on-chain burn of GateToken (GT) for the first quarter of 2026 has been officially completed, with a total of 2,557,729.381387 GT transferred to the burn address, with a burn value exceeding 20.68 million USD.Since the launch of the Gate Chain mainnet in 2019, GT has implemented a continuous burn mechanism, and as of now, a total of 187,377,156 GT has been burned, with a total burn value exceeding 1.382 billion USD (calculated at current prices), reducing the total token supply from the initial 300 million by approximately 62.46%. With the launch of Gate Layer and the gradual rollout of native applications such as Gate Perp DEX, Gate Fun, and Meme Go, the usage frequency of GT, as the only Gas token of Gate Layer, continues to increase.At the same time, Gate promotes the coordinated development of infrastructure and applications such as Gate for AI Agent, GateClaw, Gate.AI, and GateRouter, driving the simultaneous growth of on-chain transaction and interaction demand. Gate will continue to implement a long-term, stable GT burn mechanism, creating a tighter positive cycle between the token economic model and real usage demand and ecological expansion.

The GMGN market shows that, possibly influenced by its listing on Upbit, XCN briefly rose over 76%, currently reported at 0.008 USD.

According to Coinglass data, the Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently reported at 0.0336%.The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. A negative premium typically reflects greater selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.

According to official news, the first phase of Gate's Pre-IPOs project SpaceX (SPCX) has raised nearly $395 million.At the same time, users participating in the GUSD liquidity pool staking can also enjoy an annualized return of approximately 2.9%, further enhancing the efficiency of capital utilization. In terms of price, the subscription price for the SPCX IPO is $590, and the pre-market quotation has now risen to $600.99.

The UK-listed company The Smarter Web Company with the code SWC has purchased an additional 44 bitcoins, bringing its total holdings to 2,750 bitcoins. The company ranks 27th in the Bitcoin 100 list.

According to market news, the largest on-chain $ASTER bull whale "0x1527" has recently started to position in $CHIP. The current holdings include: 24.93M $ASTER (approximately $16.72 million), 36.18M $CHIP (approximately $3.43 million), 81.55M $MON (approximately $2.52 million), and 9,026 $TAO (approximately $2.22 million), with a total holding value exceeding $28 million.

According to CoinDesk, in the past year, several senior executives from Coinbase's marketing team have joined OpenAI, including former Chief Marketing Officer Kate Rouch, Head of Integrated Marketing Sarah Russell, and Head of International Marketing Elke Karstens.In addition, several former employees of Coinbase have also transitioned to the AI field, including positions in policy, product, and data. Coinbase stated that the team size exceeds 150 people, and the personnel changes are considered normal.

According to Onchain Lens monitoring, the whale "0x5C2" opened a short position of 3 times on CHIP in the past 24 hours, currently facing an unrealized loss of over 1.7 million dollars.Another whale "0x0ee" deposited 1.9 million dollars of USDC into Hyperliquid and made its first trade on CHIP, going long and profiting 323,000 dollars, but was partially liquidated while shorting, ultimately closing with a loss of over 1.26 million dollars.

According to The Block, B2B stablecoin technology provider Infinite has launched Infinite Accounts, offering banking account services for businesses that support deposits, withdrawals, ACH, domestic and international wire transfers, as well as stablecoin minting, burning, and on-chain transfers, all accessible through a single API.This service is supported by traditional banking infrastructure from Erebor Bank, which has recently received its license. Infinite states that the fiat currency balance in the accounts may be eligible for FDIC insurance, while the stablecoin balance is not. This move comes at a time when institutional adoption of stablecoins is continuing to heat up.

According to Jinshi reports, a Reuters survey shows that among 103 economists, 71 expect the Federal Reserve to cut interest rates at least once this year.

According to Gate market data, the US dollar index DXY has dropped 10 points in the short term, currently reported at 98.28.

Blockchain.com announced the launch of perpetual contract trading features supported by Hyperliquid in its non-custodial DeFi wallet, allowing users to conduct leveraged trading directly within their own wallets without the need to transfer assets to third-party exchanges, achieving full self-custody.

According to Gate market data, spot gold has dropped 3% during the day, currently reported at $4,675.97 per ounce. At the same time, U.S. stocks have experienced a sharp decline in the short term.

According to Jinshi reports, U.S. President Trump stated that he has always supported interest rate hikes to combat inflation and mentioned that the effect of interest rate hikes in suppressing inflation has been quite good.

On-chain investigator ZachXBT updated that the funds related to the KelpDAO attack have begun to be transferred, with approximately $1.5 million being cross-chain transferred from the Ethereum mainnet to the Bitcoin network via Thorchain, and another approximately $78,000 being transferred through Umbra.The initial source of funds for the related attack addresses came from Tornado Cash, and the money laundering and cross-chain transfers are still ongoing.

The Smarter Web Company, a UK Bitcoin treasury company, announced that it has completed a private placement of 4,286,410 shares of common stock according to a previously signed subscription agreement. This placement raised approximately £1.5374 million (about $2 million, before expenses), equivalent to about £0.36 per share. The company expects to receive approximately 98.25% of the net proceeds, and the remaining balance of common stock under the current subscription agreement that has not yet been placed is 52,377,540 shares.