|

Gate Update: Platform Tops Global CEX Inflow Rankings As GT Burn Surpasses $1.3B And Polymarket Hits $100M Weekly Volume

Gate Update: Platform Tops Global CEX Inflow Rankings As GT Burn Surpasses $1.3B And Polymarket Hits $100M Weekly Volume
Gate Update: Platform Tops Global CEX Inflow Rankings As GT Burn Surpasses $1.3B And Polymarket Hits $100M Weekly Volume

Gate closed the week with three headline achievements that sign its consolidating place throughout the worldwide crypto panorama. According to DefiLlama information, the alternate recorded internet inflows exceeding $231.44 million over the previous 30 days, rating first amongst all centralized exchanges worldwide. On the prediction market entrance, Gate Polymarket surpassed $100 million in weekly buying and selling quantity, topping all Polymarket integration channels — a milestone pushed largely by explosive person engagement across the 2026 FIFA World Cup. And on the tokenomics facet, GateToken (GT) accomplished its Q2 2026 on-chain burn: 2,570,063 GT had been destroyed this quarter, bringing the cumulative complete to over 189.9 million GT — valued at greater than $1.311 billion in combination and representing roughly 63% of the unique 300 million provide.

These milestones come amid a very lively week of product launches, market updates, and neighborhood campaigns throughout the platform.

World Cup Fuels Gate Polymarket Momentum

The 2026 FIFA World Cup has been a gentle driver of Gate Polymarket exercise all through the week. In the Round of 32, Argentina survived a 3-2 extra-time thriller in opposition to Cape Verde, Colombia edged Ghana 1-0, and Egypt eradicated Australia on penalties. The event then moved into the Round of 16, the place France beat Paraguay 1-0, Morocco dismantled Canada 3-0, England edged Mexico 3-2, and Norway delivered the week’s greatest shock by knocking out Brazil 2-1. Matches that includes France, Brazil, and the upcoming Portugal vs. Spain and United States vs. Belgium clashes have successively attracted the best prediction volumes on the platform.

Gate is operating a World Cup Prediction Championship with a 100,000 USDT prize pool all through the event. Users can take part in day by day featured-match predictions to share a separate 50,000 USDT pool — with no requirement to foretell appropriately. The Smart Money function additionally permits customers to trace positions and market insights from high-win-rate merchants.

Precious Metals and Crypto Markets: Gate Among Global Leaders

An surprising miss in final weekend’s non-farm payroll information reversed a weeks-long decline in treasured metals. Gold (XAU) is at the moment buying and selling at $4,165.04 and Silver (XAG) at $61.94, each consolidating close to current highs. According to CoinGlass, Gate’s XAU futures open curiosity has reached $155 million and its XAG open curiosity stands at $60.94 million — each rating among the many prime two industry-wide, with 24-hour volumes of $47.55 million and $30.69 million respectively.

In crypto, BTC is buying and selling at $63,209.9 (+0.77% over 24 hours) and ETH at $1,776.68 (+0.92%). Gate’s BTC spot quantity reached roughly $308 million and ETH spot roughly $188 million, with ETH futures quantity at $3.198 billion — all rating among the many international prime three throughout their respective classes.

Stocks Expansion: New Perpetual Futures and Korean Market Coverage

Gate Futures expanded its Stock Section on July 6 with the launch of six new USDT-margined perpetual futures contracts supporting 1-20x leverage: Take-Two Interactive (TTWO), KraneShares STAR Market ETF (KSTR), Bending Spoons (BSP), Caterpillar (CAT), The Wendy’s Company (WEN), and Bank of America (BAC).

As the one platform within the {industry} providing Korean inventory derivatives, Gate continues to see sturdy exercise in that section. SK Hynix (SKHYNIX) futures recorded over $24.54 million in open curiosity — sustaining an industry-leading place — even because the inventory declined 5% intraday amid broader semiconductor sector volatility. Gate Stocks now covers greater than 12,500 international fairness and ETF property throughout U.S., Hong Kong, and Korean markets, with 24/7 buying and selling and fractional share assist from as little as 0.01 shares.

Hong Kong Equities and gStocks Campaign

Hong Kong shares drew notable consideration this week, with Fengcheng Holdings surging 26.66%, Zhida Tech gaining 23.84%, and China Huajun rising 20.53% in a single session — reflecting continued market curiosity in high-beta HK names. Gate Stocks helps entry to greater than 1,500 HK-listed equities inside its unified account infrastructure.

To encourage adoption of its tokenized inventory product, Gate launched the gStocks Holding Accelerator Plan operating from July 6 to July 20, with a $60,000 reward pool. First-time gStocks consumers of not less than 50 USDT who maintain for over 72 hours obtain a 5 USDT newcomer bonus (obtainable to the primary 2,000 eligible customers). An further $50,000 pool is distributed proportionally based mostly on common day by day holdings, with a multiplier of as much as 2x for customers hitting designated cumulative buying and selling thresholds. Individual rewards can attain as much as 10,000 USDT in gStocks.

Gate Alpha Phase 48 and World Cup Community Initiative

Gate Alpha launched Phase 48 of its Hot Token Trading Competition on July 6, that includes a $40,000 airdrop pool. The occasion makes use of a twin mystery-box mechanism: commonplace registrants obtain one field draw per 200 USDT in quantity (0.18–7.58 GT per draw), whereas referral-code customers obtain a premium draw per 500 USDT (0.38–15.15 GT). Draws are capped at 5 per day and twenty complete. Gate Alpha now helps 14 public blockchains together with SOL, ETH, Gate Layer, BSC, Base, and SUI.

On the neighborhood facet, Gate unveiled a limited-edition World Cup Final Crayfish Gift Box forward of the event’s closing match — a seasonal bundle combining soccer fandom with a summer season feast custom, to be distributed to neighborhood members, VIP customers, companions, and KOLs. The initiative is a part of Gate’s broader technique of pairing main sporting occasions with community-building activations.

The put up Gate Update: Platform Tops Global CEX Inflow Rankings As GT Burn Surpasses $1.3B And Polymarket Hits $100M Weekly Volume appeared first on Metaverse Post.

Similar Posts