Gate cryptocurrency exchange has surpassed 30 million registered users, reflecting sustained global confidence in its platform amid accelerating growth. This milestone coincides with a significant expansion in trading activity, particularly within derivatives markets where Bitcoin contract volumes surged approximately 70% quarter-on-quarter.
The exchange now ranks as the industry’s third-largest platform for cryptocurrency derivatives trading by volume. This growth is attributed to Gate’s strategic focus on long-tail futures contracts and technological enhancements, which have bolstered liquidity and advanced risk management solutions for institutional and retail users.
Financial robustness underpins Gate’s operational framework, with verified reserves exceeding $10.4 billion accompanied by a reserve ratio of 123% as of June. This verification provides users with transparent proof of reserves stability during market volatility events.
Beyond core trading services, Gate has expanded its ecosystem through new offerings including its non-custodial Gate Wallet, token launch platform Launchpool, and xStocks for traditional asset tokenization. These developments collectively strengthen Gate’s position within the cryptocurrency infrastructure landscape.