Gate Update: From Crypto Exchange to Financial Super-App, What This Week’s Data and Launches Show

Gate’s September numbers give the alternate a powerful case for being greater than a crypto venue. CoinDesk’s September Exchange Review put Gate’s derivatives quantity at $396.4 billion, up 38.2% month-on-month. That moved Gate previous Bybit into third place globally, behind Binance and OKX. Its derivatives market share rose about 1.6 share factors to 10.1%, the most important achieve amongst main exchanges, and it ranked third in RWA perpetual futures with a 9.1% share. Spot quantity reached $48.8 billion (+21.9%), common every day quantity was about $15 billion, and the consumer base handed 61 million. Gate additionally obtained a Grade A within the CoinDesk Data Exchange Benchmark. The report highlighted the launch of Stock Event Contracts, which provide 5- and 15-minute Up or Down trades on MU, SNDK, SKHYNIX and Unitree Robotics with no leverage or margin. Other objects it famous have been the Gate Money app, the Visa-backed Gate Card, the on-chain software Trenches, and a Q3 burn of almost 2 million GT, bringing the cumulative complete to roughly 192 million.

The product course behind these numbers was set out by founder and CEO Dr. Han in an interview printed by means of Fortune Brand Studio. He described Gate’s shift from a buying and selling platform to a unified monetary app beneath the banner “One Gate, Everything Money.” Gate Money, launched at TOKEN2049 Singapore, consolidates fiat, digital belongings, shares, ETFs, gold, financial institution accounts and funds in a single account. Eligible customers can open a checking account in their very own identify, with help deliberate for receiving funds in over 60 native currencies. Dr. Han framed the logic this manner: “Nobody ought to promote their shares to purchase a espresso.” He tied the technique to Gate’s 13-year working base, its MiCA CASP authorization within the EU and its VARA license in Dubai.

The similar push towards conventional belongings is seen on this week’s product information. On October 13, Gate Futures’ Stock Section added 10 futures: MP Materials (MP), Grayscale Zcash Trust (ZCSH), Synopsys (SNPS), Lennar (LEN), Starbucks (SBUX), Viking Therapeutics (VKTX), United Microelectronics (UMC), StablecoinX (USDEX), Lululemon (LULU) and Akamai (AKAM). They help lengthy and quick positions at 1x–20x leverage, together with buying and selling bot and copy buying and selling options, and deliver the part to 475 shares. Gate additionally added BATON futures to its Meme Section at 1x–10x leverage.

Market Context and Regulation

Exchange flows. DefiLlama knowledge exhibits Binance main international centralized exchanges in 24-hour web inflows at $211.41 million. Gate ranked second with $12.21 million, a large hole between the 2.

Weekly funding recap. Gate Ventures’ report for the week ended October 9 describes a break up market. U.S. fairness indexes rose whereas crypto pulled again. BTC fell 3.2%, ETH fell 6.9% and complete market capitalization declined 3.7%. The Fear & Greed Index held at 69. On regulation, the U.S. CFTC superior its framework for occasion contracts, and a French parliamentary committee accepted a number of crypto taxation proposals. Ondo Finance launched a tokenized non-public markets platform for eligible buyers, extending tokenization into pre-IPO belongings. Disclosed funding reached $315.6 million throughout 15 offers, up 53% week-on-week, with 12 offers in infrastructure. The largest rounds have been Spiko’s $90 million Series B (tokenized money funds) and Noah’s $38 million seed (stablecoin funds infrastructure).

European positioning. Gate Europe CEO Dr. Giovanni Cunti argued in a LinkedIn put up that digital belongings are shifting from storing and transferring worth towards broader participation in financial exercise. He stated this requires dependable infrastructure, a sound regulatory framework and better interoperability between monetary and technological techniques. Gate Europe holds a MiCA CASP authorization and a Payment Institution licence.

Multi-Asset Trading Activity

Metals. Uncertainty across the Russia–Ukraine cease-fire and rising bets on one other fee hike by year-end pressured treasured metals. According to CoinGlass, gold was at $4,183.22 (−0.61% over 24 hours) and silver at $60.25 (−1.42%). Gate’s silver futures posted $124 million in 24-hour quantity, rating second within the business, and its gold futures $363 million, rating third. Gate’s XAU open curiosity of $411 million additionally ranked second.

Crude oil. Geopolitical danger premiums saved oil risky. WTI (CLUSDT) traded at $93.67, up 2.09% over 24 hours. Gate’s CLUSDT open curiosity of $131 million ranks among the many business’s high three, with 24-hour quantity of $79.01 million. For each metals and oil, Gate factors to its Metals and Commodities Perpetual Futures and CFD sections, which provide 24/7 buying and selling with USDT settlement by means of the Unified Account.

Korean equities. Industrial and aviation names led Gate Stocks’ gainers: Dow InSyst (+19.61%), Daehan Steel (+18.31%) and Jeju Air (+16.81%). Gate Stocks covers the U.S., Japan, Hong Kong and Korea, with greater than 12,800 shares and ETFs. It gives USDT-based entry and fractional buying and selling from 0.01 share.

Tokenized shares. On Gate gStocks, BitGo’s tokenized inventory (BTGOON) rose 15.22% to $7.473. The Marvell 2x Long ETF (MVLLG) gained 11.54% to $37.32 and the Intel 2x Long ETF (INTWG) 10.16% to $23.20. gStocks makes use of a 1:1 native inventory reserve mannequin and helps 24/7 buying and selling and funding from 1 USDT.

Payments

Gate Card has upgraded auto top-up to draw from 4 accounts (Spot, Gate Money, Simple Earn and Stocks) throughout 14 crypto belongings and tokenized shares. Users can set the precedence order for deductions, and spending factors may be redeemed for crypto, gold-related belongings and tokenized shares. Gate’s earlier Visa partnership plans growth to greater than 40 markets, with Visa’s community protecting over 200 international locations and areas and greater than 175 million service provider areas.

Prediction Markets and Campaigns

Prediction Markets. For UEFA Champions League Matchday 2, Gate listed Arsenal vs. Lille (Arsenal 81%, draw 14%, Lille 6%) and Atlético Madrid vs. Manchester United (Atlético 49%, United 26%, draw 25%). Phase 8 of the Points Event closed with a 19,863.30 USDT pool, with the highest dealer anticipating 7,448.74 USDT. Phase 9 is now reside, with scratch playing cards, a leaderboard and a Super Lucky Prize of 88,888 PTS. Ahead of the U.S. September core CPI launch, a 2.4% year-over-year studying leads at 44%, adopted by 2.5% (35%), 2.3% (10%) and 2.6% (9%). Gate Prediction Markets Points Season 9 carries a complete prize pool of about $61,403, together with $12,399 in factors rewards and $49,003 within the Lucky Draw. The WCTC × Prediction Markets “Crypto Prophet” occasion, with a 30,000 USDT pool, runs till October 23 at 08:00 UTC. New customers obtain 10 USDT after a primary qualifying commerce, and 20,000 USDT is shared amongst quantity qualifiers.

LoL Worlds. The Rift Summit Prediction Challenge runs October 14 to November 15 with a 150,000 USDT pool. It features a 10 USDT voucher for the primary 4,000 new customers reaching 200 USDT in quantity, 50,000 USDT in stage-based rewards, a 30,000 USDT leaderboard (5,000 USDT for first place), a ten,000 USDT Champion Predictor pool, a ten,000 USDT Finals Night compensation pool of up to 20% in vouchers, and a fortunate draw for 100 customers.

Red Bull Racing. After Max Verstappen’s Singapore Grand Prix win, Gate launched a merchandise raffle (October 13–26) and a WCTC S9 warm-up leaderboard. Registered customers with at the least 20,000 USDT in eligible futures quantity can compete for a 50,000 USDT pool, with up to 8,000 USDT for first place. WCTC S9 begins October 26 at 08:00 UTC, and warm-up quantity doesn’t rely towards official outcomes.

Futures Points Airdrop. Phase 154 opens October 14, 10:00–15:59 UTC, first-come, first-served. Pool 1 gives 190 WLFI for 15 Futures Points, with eligibility tiered by factors steadiness. Pool 2 gives a 100 USDT place voucher for 20 factors, with a minimal steadiness of 40.

Token Crew. Phase 17 runs October 14 to November 4 with a 500,000 USDT pool. Users invite pals who full verification, a delegated deposit and buying and selling duties, and each side can earn up to 100 USDT per draw, with no cap on particular person rewards.

Looking Ahead

On November 12 (15:30–16:30 UTC), Dr. Han will converse at The Oxford Union. Gate describes the looks as a part of its effort to bridge digital belongings and conventional finance.

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