Gate Update: Zero-Fee US Stocks, A 63% Chip Surge, And Fed Volatility Define A Landmark Week

This week on Gate, three developments stand out for his or her market significance. The semiconductor rally discovered a dramatic expression within the platform’s gStocks part, the place the 2X Long SNDK Daily ETF token (SNXXG) surged over 63% in a single 24-hour interval, reflecting sturdy momentum throughout reminiscence chip shares on the again of earnings beats from main tech corporations. The macro context was equally charged: the Federal Reserve held charges unchanged for the fifth consecutive assembly at 3.50%–3.75%, however a 9–3 vote — with all three dissenters favoring a hike — signaled deepening inside divisions. 

Gate responded by launching its Event Contracts product on Web, attaining full cross-terminal protection and enabling customers to commerce short-term BTC and ETH course round macro occasions with out leverage or margin publicity. Most structurally vital, Gate turned the primary trade within the business to introduce a zero-fee mode for eligible U.S. shares and ETFs, waiving platform buying and selling charges, account opening charges, and upkeep charges solely — a transfer that meaningfully lowers the price ground for retail entry to international equities.

These developments unfolded in opposition to a broad backdrop of platform exercise spanning tokenized securities, treasured metals, institutional infrastructure, and yield merchandise.

Stocks and Tokenized Securities

Gate’s gStocks part expanded with 11 new tokenized securities listed for spot buying and selling, together with ZHIPUG (Zhipu AI), TENCENTG (Tencent Holdings), AMZNG (Amazon), HOODG (Robinhood Markets), IBMG (IBM), and DELLG (Dell Technologies), amongst others. All gStocks tokens are absolutely backed 1:1 by underlying property and assist 24/7 buying and selling. A concurrent New Token Trading Event Phase 4 presents a $50,000 SNDKG prize pool by means of August 6.

Market efficiency throughout Gate’s fairness choices was broad-based. In U.S. shares, Manhattan Associates (MANH) led gainers at +21.24%, adopted by Lithia Motors (LAD) at +19.36% and ExlService Holdings (EXLS) at +18.11%. Korean market tokens additionally outperformed, with the MSCI Korea 3x Leveraged ETF token (KORUG) gaining 11.54% over 24 hours, and Samsung Electronics and SK Hynix tokens including 8.16% and seven.56% respectively. More broadly, SanDisk (SNDK) rose 26.14% and SK Hynix (SKHY) gained 17.47%, with Gate’s SNDK and SKHYNIX futures open curiosity each reaching second place amongst centralized exchanges at $151 million and $121 million respectively.

ChangXin Memory Technologies (CXMT) remained a standout, with Gate holding the unique place as the primary platform to launch CXMT perpetual futures. The contract recorded roughly $30.96 million in 24-hour buying and selling quantity, with open curiosity at $17.01 million — rating first amongst CEXs. A devoted CXMT rewards marketing campaign runs by means of August 5 with as much as 240 USDT obtainable per person.

Gate Direct IPO’s second mission, Jersey Mike’s (JMKE), accomplished inventory distribution at a closing issuance value of $23 per share and is now obtainable for buying and selling on Gate Stocks.

Precious Metals

Precious metals markets remained sturdy. Gold (XAU) is buying and selling at roughly $4,088, with Gate’s XAU futures open curiosity reaching $192 million and inserting it within the business’s prime two, whereas Silver (XAG) posted a 1.77% 24-hour acquire. Gate’s XAUT (Tether Gold) futures open curiosity hit $127 million, securing a top-3 place. Gate pioneered the business’s first Metals Perpetual Futures and CFD part, supporting 24/7 USDT-settled buying and selling throughout Gold, Silver, and Platinum by means of its Unified Account system.

Macro and Institutional Infrastructure

Gate Institutional’s weekly report captured the prevailing macro tensions: Brent crude briefly surpassed $100 per barrel and the 10-year Treasury yield approached 4.70%, weighing on NASDAQ progress shares (down round 2.1% for the week). BTC consolidated at elevated ranges whereas ETH outperformed on capital rotation and spot ETF inflows of roughly $104 million — the third consecutive week of optimistic flows. BTC spot ETF inflows slowed to $34 million over the identical interval.

On the infrastructure aspect, Gate US introduced integration with BitGo’s OES off-exchange settlement platform, enabling institutional purchasers to commerce whereas property stay in BitGo custody, decreasing pre-funding necessities and enhancing capital effectivity. Gate US presently holds MTL licenses in 36 states throughout 47 U.S. jurisdictions. In Europe, Gate Europe launched a USDT-to-USDC one-way migration answer for EEA customers with zero conversion charges, as USDT now not meets MiCA compliance necessities for buying and selling on the platform. Gate Europe holds each an EU MiCA license and a Payment Institution license.

Yield and Staking

Gate’s SOL Staking product reached 660,000 SOL in whole stake with a reference APR of seven.93%. The Launchpool’s SpaceX (SPCX) occasion attracted mixed GUSD and USDT staking of $78.6 million, with GUSD providing a mixed estimated APY of 8.81% when layered with the bottom subscription yield.

GUSD, Gate’s yield-bearing stablecoin, surpassed $224 million in cumulative subscription quantity. Three Launchpool phases are operating concurrently — SLX (Phase 366), ANTFUN (Phase 367), and SPCX (Phase 368) — with the ANTFUN GUSD pool presently yielding roughly 9.02% mixed APR. The GUSD Flexible U.S. Treasury product helps 1:1 lossless redemption with no redemption charges. The Deposit & Trading Carnival marketing campaign runs by means of August 11, with as much as 8,938 USDT obtainable per eligible person.

Trading Events and Prediction Markets

Gate Alpha launched Hot Tokens Trading Competition Phase 56, providing $40,000 in airdrop rewards by way of twin mystery-box tiers for customers buying and selling tokens throughout 15+ supported blockchains together with SOL, ETH, BSC, Base, and SUI.

Gate Polymarket launched v8.3.0 with a full UI overhaul, new P&L Calendar and History instruments, P&L Sharing, and Modern and Classic visible themes. The platform’s Esports Trading Season runs by means of August 10 with a 200,000 USDT prize pool; a League of Legends LCK match between Gen.G and T1 drew notable prediction exercise, with Gen.G holding roughly 64% market assist at time of reporting. Gate’s VIP Exclusive Airdrop Carnival Phase 17, open to VIP 8+ customers, presents tiered Rimowa Travel Collection presents based mostly on buying and selling efficiency.

Research

Gate Research launched a report on the Robinhood Chain ecosystem, characterizing it as a dual-layer construction by which tokenized shares and RWAs signify the long-term asset thesis whereas Meme tokens presently operate as the first liquidity driver. The report notes that Gate DEX’s full integration with the community — by way of Across and LayerZero bridging from BSC, Ethereum, Base, and Robinhood Chain — positions Gate because the ecosystem’s most important multichain asset distribution and liquidity routing layer.

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