Gate 2024 Annual Report: Trading volume exceeds $3.8 trillion, market share firmly ranks in the industry TOP 4.

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Gate 2024 Annual Report: Trading Volume Exceeds $3.8 Trillion, Market Share Steadily Ranks Top 4 in the Industry

In 2024, as one of the world's leading digital asset trading platforms, Gate experienced a year of rapid growth and deep innovation. With keen industry insights, innovative product layouts, and a profound understanding of user needs, Gate not only set new highs in user scale and trading volume but also actively laid out a diversified ecosystem, promoting the comprehensive development of the platform.

User and Trading Volume Continue to Grow, Market Share Steadily Ranks Fourth in the Industry

According to its public report, the total number of users on Gate.io has surpassed 20 million, growing over 50%, with trading volume reaching $3.8 trillion, a 120% increase from last year. Among this, spot trading volume exceeded $1.8 trillion, while contract trading volume reached $2 trillion, both showing significant increases. This growth reflects Gate's continuous penetration in the global market and the attractiveness of its products.

In terms of new coin listings, Gate launched 873 new coins throughout the year, with 437 being launched for the first time on the entire network, providing users with diverse investment options. The platform performed strongly in trading markets across multiple regions globally, especially in Asia and Europe, where both trading volume and user numbers saw significant growth.

The platform also continuously introduced innovative features through Gate Startup, distributing a total of nearly $30 million in airdrops, with cumulative airdrop amounts exceeding $120 million. Additionally, GT achieved nearly 300% growth in 2024, with prices climbing to a historical high of $18.667. (As of 2025/1/9) Multiple data points demonstrate Gate.io's strong growth momentum.

Innovative Products Lead Emerging Markets, Trading Volume Exceeds $1 Billion

In 2024, Gate continued to lead in product innovation, particularly in the Meme coin sector. By launching a dedicated innovation zone and MemeBox, it attracted a large number of users to participate in this emerging market. Since its launch, the innovation zone has seen trading volume exceed $1 billion, with over 500 Meme coin projects listed and a dedicated fund of $50 million established, promoting the vigorous development of the Meme coin market.

Moreover, Gate has increased its focus on the TON ecosystem. Through collaboration with Telegram, it launched the Gate Wallet Mini App and Gate Mini App, attracting a large number of TON ecosystem users. Monthly active users surpassed 2.55 million and 1.4 million, further enhancing Gate's influence in the Web3 and blockchain ecosystem.

Strong Growth Momentum in Quantitative Investment, Returns Far Exceed Industry Average

Gate's progress in the quantitative investment field is also noteworthy. The newly launched quantitative fund in April quickly became an industry benchmark with its innovative low-risk, high-return strategy and flexible redemption mechanism, attracting a large number of high-net-worth investors. The fund achieved over 20% annualized returns in its first year, far exceeding the average level of other mainstream platforms.

Reportedly, the annualized return of the platform's USDT-based fund exceeds 40%, while the BTC-based fund's annualized return is 25%. This has led to significant success in attracting institutional investors, with spot trading volume increasing 4.4 times year-on-year and contract trading volume growing 1.63 times, showing strong performance in institutional business. Additionally, Gate's brokerage business also exhibited strong growth, with trading volume increasing 17 times year-on-year. This indicates that the platform's institutional services and specialized trading systems are increasingly favored by investors.

Total Reserves Reach $9.566 Billion, Building User Trust Through Security and Compliance

In 2024, Gate's outstanding performance in reserve ratios has built a solid security defense for users. The total value of its platform reserves reached $9.566 billion, with a reserve ratio of 123.91%, an increase of 47.20% from the last audit. At the same time, excess reserves reached a historical high of $1.846 billion, growing by 68.89%, ranking second among mainstream platforms in total excess reserves, with reserve ratios for mainstream cryptocurrencies like Bitcoin and Ethereum reaching 124.47% and 128.52%, respectively, exceeding the industry average by 20 percentage points.

Simultaneously, Gate Entities continuously strengthen compliance foundations, actively promoting compliance layouts in multiple regions. Gate Entities expanded its compliance layout in the Asian market by acquiring Coin Master, successfully submitted a MiCA license application through its Malta platform, and acquired the licensed institution Sheer Markets in Cyprus, further enhancing its compliance layout in the European market. Additionally, Gate Entities successfully completed VASP registration in Argentina and advanced compliance layouts in several important global markets, including Gibraltar, the Bahamas, Hong Kong, Singapore, and the Middle East, paving the way for future global expansion.

Financial Innovation Meets Diverse Investment Needs, Yubi Treasure Fund Scale Soars 185%

Gate has also achieved remarkable accomplishments in financial innovation, particularly in the Gate Earn product line, where the daily fund scale of Yubi Treasure surged 185%, reaching nearly 2 billion USDT; new users exceeded 500,000, a year-on-year increase of 205%. The platform supports 832 types of cryptocurrencies, providing reward pools for mainstream coins like USDT, BTC, and ETH, with up to 30% additional returns. The wealth management products are rich and diverse, covering a fund scale of 18 billion, with 665 projects launched to meet users' diverse needs.

Furthermore, Gate provides users with more flexible investment and asset management solutions through innovative products like on-chain earning, dual-coin investment, and GT mining, continuously enriching investment products to meet users' demands for diversified investments.

Collaborating with Industry Leaders to Promote Innovation and Development

In 2024, Gate partnered with multiple industry leaders to jointly promote blockchain innovation and ecosystem development: strategic cooperation with leading companies in blockchain data analysis, Elliptic and Chainalysis, to comprehensively enhance the platform's compliance and security; investing $10 million in The Open Network (TON) blockchain to accelerate project development based on Telegram; jointly launching a $100 million fund with the Abu Dhabi Blockchain Center to support Web3 innovation; and collaborating with Movement Labs and Boon Ventures to accelerate the development of the Move ecosystem, among others.

At the same time, the company continuously strengthens cooperation with leading global cloud providers to enhance platform performance and security. Gate is also actively laying out in the Web3.0 field, promoting blockchain technology innovation and ecosystem development through investments and collaborations. These initiatives not only consolidate Gate's position in the cryptocurrency industry but also lay a solid foundation for its future development.

Additionally, Gate.io has partnered with Inter Milan to become the official sleeve sponsor of the club, opening up more market and collaboration opportunities for the crypto industry.

Looking Ahead: Deepening Global Markets and Promoting Industry Innovation

In 2024, Gate further consolidated its leading position in the global digital asset trading platform with innovation-driven growth and a diversified ecosystem layout. Whether in the steady growth of trading scale or the vigorous development of innovative businesses, Gate has demonstrated strong market competitiveness and industry influence.

Looking ahead, Gate will continue to adhere to innovation-driven strategies, deepen core businesses, expand emerging markets, promote the development and application of blockchain technology, and provide users with more diverse and high-quality products and services. At the same time, Gate.io will actively assume social responsibility, promoting social progress through technological empowerment. Gate will work hand in hand with platform users and global partners to continuously improve products, optimize services, and actively give back to the community, jointly building a safe, transparent, and open Web3 world.

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