In 2024, Gate, one of many world’s main digital asset buying and selling platforms, skilled a yr of fast progress and deep innovation. By way of sharp business insights, modern product methods, and a profound understanding of person wants, Gate achieved record-breaking person numbers and buying and selling volumes whereas actively increasing its diversified ecosystem to drive general platform improvement.
Sustained Development in Customers and Buying and selling Quantity, Securing 4th Place in Market Share
In keeping with its public report, Gate.io’s whole person base surpassed 20 million, with over 50% progress, whereas buying and selling quantity reached $3.8 trillion, a 120% year-on-year improve. Spot buying and selling quantity exceeded $1.8 trillion, and contract buying and selling quantity reached $2 trillion, each exhibiting vital progress. This displays Gate’s growing international market penetration and the enchantment of its merchandise.
The platform launched 873 new tokens all year long, together with 437 unique first listings, offering customers with various funding choices. Gate additionally demonstrated robust efficiency in numerous regional markets, notably in Asia and Europe, the place each buying and selling volumes and person numbers grew considerably.
By way of its Gate Startup initiative, the platform continued to introduce modern options, distributing airdrops value almost $30 million, with cumulative airdrop worth exceeding $120 million. Moreover, Gate Token (GT) noticed almost 300% progress in 2024, with its value reaching a historic excessive of $18.667 as of January ninth, 2025. These metrics spotlight Gate’s strong progress momentum.
Progressive Merchandise Main Rising Markets with Over $1 Billion Buying and selling Quantity
Gate continued to steer in product innovation in 2024, particularly within the Memecoin sector. By launching devoted Pilot and MemeBox, the platform attracted vital person participation on this rising market. Since its launch, Pilot has achieved over $1 billion in buying and selling quantity, itemizing greater than 500 Memecoin initiatives. Moreover, a $50 million devoted fund was established to help the booming Memecoin market.
The platform additionally elevated its deal with the TON ecosystem. By way of collaboration with Telegram, Gate launched the Gate Pockets Mini App and Mini App, which attracted quite a few TON ecosystem customers. Month-to-month lively customers for these apps exceeded 2.55 million and 1.4 million, respectively, additional strengthening Gate’s affect within the Web3 and blockchain ecosystem.
Sturdy Momentum in Quantitative Funding with Superior Returns
Gate made notable progress in quantitative funding. The Quantitative Fund launched in April grew to become an business benchmark, attracting high-net-worth traders with its modern low-risk, high-return technique and versatile redemption mechanisms. In its first yr, the fund achieved an annualized return of over 20%, outperforming the common throughout main platforms.
Gate’s USDT-based fund reported an annualized return of over 40%, whereas the BTC-based fund achieved 25%. These spectacular outcomes considerably bolstered institutional investor engagement, with spot buying and selling quantity growing 4.4 occasions and contract buying and selling quantity rising 1.63 occasions year-on-year. Dealer providers additionally noticed a 17-fold improve in buying and selling quantity, reflecting rising demand for Gate’s institutional providers {and professional} buying and selling programs.
Reserves Totaling $9.566 Billion: Constructing Belief By way of Safety and Compliance
In 2024, Gate excelled in reserve fund efficiency, offering customers with a sturdy safety framework. The platform’s whole reserves reached $9.566 billion, with a reserve ratio of 123.91%, up 47.2% from the earlier audit. Extra reserves hit a historic excessive of $1.846 billion, a rise of 68.89%, rating second amongst main platforms. Reserve ratios for mainstream cryptocurrencies like Bitcoin and Ethereum stood at 124.47% and 128.52%, exceeding the business common by 20 share factors.
On the similar time, Gate Entities has continued to strengthen its compliance framework, actively advancing regulatory efforts throughout a number of areas. By buying Coin Grasp, Gate Entities expanded its compliance presence within the Asian market. By way of its Malta platform, it has efficiently submitted a MiCA license utility and additional bolstered its compliance presence in Europe by buying the licensed establishment Sheer Markets in Cyprus. Moreover, Gate Entities accomplished VASP registration in Argentina and is advancing compliance initiatives in key international markets, together with Gibraltar, the Bahamas, Hong Kong, Singapore, and the Center East, paving the best way for future international enlargement.
Monetary Innovation to Meet Numerous Funding Wants: Gate Earn Surges 185%
Gate achieved exceptional milestones in monetary innovation, notably within the Gate Earn product line. Gate Earn’s day by day funds surged 185%, reaching almost $2 billion USDT. The platform added over 500,000 new customers, with 205% year-on-year progress. Supporting 832 tokens, Gate affords rewards swimming pools for USDT, BTC, ETH, and different main cryptocurrencies, with as much as 30% extra returns.
With 665 initiatives protecting a complete fund scale of $18 billion, Gate continues to satisfy the varied wants of its customers. Progressive merchandise like on-chain staking, dual-currency funding, and GT mining additional improve asset administration flexibility and increase funding choices.
Collaborating with Trade Leaders to Drive Innovation and Development
Gate partnered with a number of business leaders to advance blockchain innovation and ecosystem improvement. Collaborations included strategic partnerships with Elliptic and Chainalysis to reinforce compliance and safety, a $10 million funding in The Open Community (TON), and a $100 million Web3 innovation fund co-launched with the Abu Dhabi Blockchain Middle. Different partnerships centered on accelerating improvement within the Transfer ecosystem and extra.
Gate additionally strengthened collaborations with international cloud suppliers to reinforce platform efficiency and safety. Actively investing in Web3, Gate is driving blockchain innovation and ecosystem enlargement, solidifying its place as a pacesetter within the cryptocurrency business.
Notably, Gate.io grew to become the official sleeve sponsor for Inter, creating extra market alternatives for the crypto sector.
Trying Forward: Deepening International Markets and Driving Trade Innovation
In 2024, Gate solidified its management within the international digital asset buying and selling house by means of innovation-driven progress and a diversified ecosystem. With strong progress in buying and selling quantity and thriving modern companies, Gate demonstrated robust market competitiveness and business affect.
Trying forward, Gate will proceed to embrace innovation as a driving drive, deepen its deal with core companies, increase into rising markets, and advance the event and utility of blockchain know-how. The platform goals to offer customers with extra various and high-quality services and products. On the similar time, Gate will actively fulfill its social tasks, leveraging know-how to drive social progress.
Gate will collaborate with its customers and international companions to repeatedly improve merchandise, optimize providers, and provides again to the neighborhood, working collectively to construct a safe, clear, and open Web3 world.
