Gate Update: OpenAI Pre-IPO Hits 639% Oversubscription, Polymarket Leads All Channels, BTC Rebounds To $65K

This previous week delivered three defining moments for Gate. First, the platform’s OpenAI (OPENAI) Pre-IPOs Phase 2 subscription opened on July 15 and inside a single hour accrued over $148 million in dedicated capital — in opposition to a $20 million providing cap — pushing the oversubscription charge to 639.39%. The 27,700 asset certificates, priced at $722 every, stay obtainable till July 17, with pre-market buying and selling scheduled to open on July 20. The surge displays mounting retail and institutional urge for food for pre-IPO publicity to high-profile AI belongings, notably as Gate waives each implied buying and selling and custody charges for the providing.

Second, Gate Polymarket cemented its dominance in prediction markets simply because the 2026 World Cup entered its semifinal stage. On July 13, Gate Polymarket accounted for roughly 25.93% of Polymarket’s complete notional buying and selling quantity, holding the highest place in every day, weekly, and month-to-month rankings throughout all Polymarket channels. Spain’s 2-0 victory over France within the first semifinal solely amplified exercise, with market consideration now turning to the England vs. Argentina conflict and, in the end, the ultimate.

Third, a broad crypto market rebound pushed BTC to $65,010 (+3.77%) and ETH to $1,885.9 (+5.58%). Gate’s BTC spot buying and selling quantity reached roughly $604 million — up 18.35% in 24 hours — whereas ETH spot quantity surged to $386 million, up 70.15%, with each belongings rating Gate among the many prime two exchanges globally by spot buying and selling quantity in keeping with CoinGlass.

World Cup Campaigns Still Running

With Spain confirmed for the ultimate and the England vs. Argentina semifinal now the point of interest, Gate’s prediction market campaigns stay lively. The “Gate Polymarket × World Cup Semi-finals Daily Spotlight Matches” marketing campaign affords a 50,000 USDT prize pool — no right prediction required. A parallel “World Cup Final Countdown Giveaway” distributes CNY 88 JD.com reward playing cards throughout 10,000 complete reward slots for customers who take part in any quarterfinal, semifinal, or ultimate prediction on Gate Polymarket.

GUSD Staking Crosses 198 Million

Gate’s GUSD stablecoin pool reached 198 million staked, a brand new latest high. Backed by U.S. Treasury RWA belongings, GUSD affords 3.8% minting APR and may be minted 1:1 from USDT, USDC, or USD1. Integration with Launchpool #365 lifts the mixed estimated APR to 11.67% for normal customers and 81.51% for brand spanking new customers. GUSD additionally qualifies for the OpenAI Pre-IPOs subscription, permitting customers to proceed incomes holding rewards all through the lock-up window.

June Transparency Report

Gate’s June 2026 Transparency Report captured substantial progress throughout the platform. Prediction Market buying and selling quantity hit $280 million, up over 145% month-over-month; ETF buying and selling quantity approached $20 billion throughout 356 pairs. Institutional spot buying and selling rose 49.39% from May, with CryptoQuant rating Gate first globally in common institutional commerce dimension for BTC and ETH markets. Total reserves stood at $8.182 billion as of June 22, with a 115% reserve ratio masking practically 500 asset varieties. Gate additionally accomplished its first Direct IPO itemizing with SpaceX (SPCX) and launched Gate Wealth, an built-in platform spanning digital belongings, equities, ETFs, foreign exchange, commodities, and first market alternatives. Staking TVL reached $1.154 billion; Simple Earn subscriptions reached $1.925 billion; Gate Layer surpassed 43.8 million on-chain transactions.

Gate Ventures: Institutions Accelerate On-Chain Finance

Gate Ventures’ newest weekly report famous that BTC gained 0.2% and ETH rose 1.2% over the prior week, with spot Bitcoin ETFs recording roughly $197 million in internet inflows — ending eight consecutive weeks of outflows. Swift formally launched its blockchain-based shared ledger alongside 17 international banks for a tokenized deposits pilot. Robinhood Chain surpassed $132 million in TVL inside two weeks of launch. Eight funding rounds totaled $381 million, led by Prime Intellect ($130 million for enterprise AI infrastructure) and Gauntlet ($125 million strategic funding from SBI Holdings for institutional DeFi vaults).

Metals Stay Strong

Gold (XAU) reached a 24-hour high of $4,104.58, at the moment holding round $4,032, whereas silver (XAG) touched $59.73 earlier than settling close to $58.40. Gate’s XAU futures open curiosity stands at $164 million and XAG at $60.23 million, each rating within the prime two industry-wide per CoinGlass. Gate’s tokenized gold (XAUT) spot buying and selling quantity additionally exceeded $7 million in 24 hours, rating third globally.

New Futures Products and Campaigns

Gate’s Futures Stock Section added 5 new USDT-margined perpetual contracts — BOT (RoboStrategy), INTW, SNXX (Tradr 2X Long SNDK), XBI (SPDR S&P Biotech ETF), and APP (AppLovin) — supporting 1–20x leverage. An accompanying Airdrop Phase 8 marketing campaign (July 14–23) affords as much as 240 USDT per person through registration bonuses, every day check-ins, and volume-based pool rewards.

Gate individually launched pre-market perpetual futures for NEURALINK (Neuralink Corporation), the Elon Musk-founded neurotechnology firm, with 1–10x leverage on a USDT-margined foundation.

Two extra campaigns are working concurrently: the “Futures Points Double Carnival” (July 14–21) doubles factors from each buying and selling quantity and account steadiness snapshots, whereas the “First Futures Order & Invite Friends” marketing campaign (July 14–22) distributes a 241,000 USDT prize pool, rewarding first-time futures trades, referrals, and quantity milestones.

Equities Expansion: 16 Tokenized Securities, Interest Earning, and Portfolio Bots

Gate’s gStocks part launched spot buying and selling for 16 tokenized securities, all totally backed 1:1 by underlying belongings, together with KOG (Coca-Cola), PGG (Procter & Gamble), NFLXG (Netflix), ARMG (Arm Holdings), and GSG (Goldman Sachs). Gate additionally launched an interest-earning function for inventory and CFD account balances: idle USDT and USDx above 1,000 models earn as much as 3% annualized yield, calculated through every day snapshots and distributed to identify accounts with none lock-up requirement. A brand new Stock Portfolio Bot allows automated development and rebalancing of two–10 inventory portfolios throughout 12,500+ international belongings.

Among particular person movers, Hong Kong-listed WANSHUN RUIQIANG Group surged 51.42% on July 15. In U.S. markets, SK Hynix (SKHY) gained 26.29% and Breakwave Tanker Shipping ETF (BWET) rose 23.19%. Korean semiconductor names additionally carried out properly: SK Hynix (000660) was up 2.98% and Samsung Electronics (005930) up 3.53%, producing lively futures movement on Gate — SKHYNIX futures recorded $92.87 million in 24-hour buying and selling quantity with $34.85 million in open curiosity. In flash reminiscence, SanDisk (SNDK) fell 5.80% whereas Micron Technology (MU) gained 2.21%; SNDK futures logged $124 million in 24-hour quantity on Gate. Index derivatives additionally noticed motion, with ASX futures open curiosity rising 162.67% over 4 hours and CMCSA gaining 26.35%.

Gate Alpha Trading Competitions

Gate Alpha is working two simultaneous competitions. The Hot Token Trading Competition Phase 51 affords $50,000 in airdrops, with a fortunate draw for each $500 in designated token quantity and a dash reward for the primary 500 customers reaching $14,000 in cumulative quantity. A separate ALD Trading Competition awards 850 ALD tokens every to the primary 570 customers hitting $1,000 in cumulative quantity, sharing a $20,000 pool on a first-come, first-served foundation.

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