Gate Update: 667% Spot Volume Growth, 37 US State Licenses, And A Full Week Of Launches

Gate closed the week with a set of developments pointing to concurrent progress in market exercise, regulatory standing, and product breadth. CryptoQuant’s September (*37*) Comeback report named Gate the fastest-growing main platform by 30-day spot buying and selling quantity, with progress reaching 667% — nicely forward of competing exchanges — and day by day spot quantity hitting roughly $5.1 billion on August 21, putting the change third throughout the market. 

On the regulatory facet, Gate US secured a Massachusetts Money Transmitter License, bringing its complete U.S. state-level authorizations to 37 and lengthening service protection to 47 states and territories. Macro market situations additionally put Gate’s commodities derivatives in focus: a pointy rally in worldwide crude oil costs drove BZUSDT 24-hour futures buying and selling quantity up 350.98% to $22.38 million, rating first within the trade by quantity progress charge, with WTI futures (CLUSDT) recording a concurrent 138.41% quantity improve. Here is a full account of this week’s bulletins.

Derivatives scale and open curiosity

DefiLlama knowledge locations Gate’s 24-hour futures open curiosity above $11.47 billion, rating the change within the high three amongst centralized exchanges. The similar CryptoQuant report that documented spot quantity restoration additionally recorded Gate’s 30-day perpetual futures quantity progress at 305%, rating third amongst main exchanges, as day by day perpetual futures quantity market-wide approached $336 billion on August 21 — the best degree since March.

New listings: EMBER, CATE, STONK

Three property entered Gate’s buying and selling atmosphere this week. EMBER and CATE each launched as USDT-M perpetual futures: EMBER with 1–10x leverage, CATE with a wider vary of as much as 1–20x. Both include Trading Bots and Copy Trading assist. On the spot facet, STONK/USDT went stay on September 14, with Convert buying and selling and withdrawals opening inside 24 hours.

Launchpool: MCAT, CP, and upcoming FOLD

Gate’s Launchpool has two lively swimming pools and one opening shortly. The MCAT pool distributes 2 million MCAT in complete rewards (roughly 842,000 USDT), with APRs presently reaching 1,601.33% within the MCAT staking pool. The CP pool provides 5 million CP in rewards (roughly 64,000 USDT), with APRs reaching 53.67%. A third pool for FOLD — providing roughly 2.03 million FOLD (roughly 94,800 USDT) — is about to open quickly, with estimated APRs reaching 158.71% for the native token staking pool.

Prediction Market: Big Five Leagues and Season 4 shut

Gate’s Prediction Market is working its Big Five Leagues hub this week, with fixtures together with Leeds United vs. Newcastle United (Premier League), Villarreal vs. Real Betis (LaLiga), and Inter vs. Udinese (Serie A). Event Points Season 4 closes as we speak at 10:00 UTC with a complete prize pool of 27,499 USDT — together with a 21,999 USDT Points Pool — and the highest leaderboard participant eligible for 8,249.7 USDT. Season 5 launches upon settlement. The Trading Rewards Campaign, providing scratch playing cards for qualifying day by day buying and selling quantity of 200 USDT, continues till September 22.

Stock buying and selling: U.S. dividends and Japanese fairness exercise

Gate’s inventory platform accomplished computerized USDT dividend settlements for 106 U.S. equities this week, overlaying holdings with cost dates from September 8–11. Distributions spanned sectors together with know-how, vitality, healthcare, and monetary providers, with Microsoft, Johnson & Johnson, Exxon Mobil, Chevron, Eli Lilly, and Walmart among the many eligible names. On the Japanese facet, Gate’s roughly 300-stock Japan protection noticed lively buying and selling on September 14, with Land Co. (8918) rising 10.00%, Kobe Bussan (3038) up 6.35%, and SHIFT (3697) gaining 6.05%. Gate’s complete world fairness and ETF protection now exceeds 12,800 property throughout U.S., Japan, Hong Kong, and South Korean markets, with Zero-Fee Mode out there for U.S. inventory buying and selling and fractional share purchases supported from 0.01 shares.

The submit Gate Update: 667% Spot Volume Growth, 37 US State Licenses, And A Full Week Of Launches appeared first on Metaverse Post.