In 2024, Gate, one of many world's main digital asset buying and selling platforms, skilled a yr of speedy development and deep innovation. Via eager business insights, revolutionary product methods, and a deep understanding of person wants, Gate has achieved record-breaking person numbers and transaction volumes, whereas actively partaking its various ecosystem to drive improvement throughout the platform. Expanded.

Variety of customers and buying and selling quantity proceed to extend, securing 4th place in market share

In accordance with public experiences, Gate.io's complete person base exceeds 20 million, rising by greater than 50%, and transaction quantity reached $3.8 trillion, a rise of 120% year-over-year. Spot buying and selling quantity exceeded $1.8 trillion and contract buying and selling quantity reached $2 trillion, each of which confirmed important development. This displays Gate's rising international market penetration and the attractiveness 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 carried out effectively in varied regional markets, notably Asia and Europe, with important development in each buying and selling quantity and person numbers.

Via the Gate Startup initiative, the platform continues to introduce revolutionary options and has distributed practically $30 million value of airdrops, with cumulative airdrop worth exceeding $120 million. Moreover, Gate Token (GT) grew by virtually 300% in 2024, with the worth reaching a historic excessive of $18.667 as of January 9, 2025. These indicators spotlight Gate's robust development momentum.

Modern merchandise main rising markets with over $1 billion in buying and selling quantity

Gate continued to guide in product innovation in 2024, particularly within the Memecoin house. By launching devoted Pilot and MemeBox, the platform has attracted numerous customers into this rising market. Since its launch, Pilot has listed over 500 Memecoin tasks and achieved buying and selling quantity of over $1 billion. Moreover, a devoted $50 million fund has been established to assist the burgeoning meme coin market.

The platform has additionally strengthened its deal with the TON ecosystem. Via cooperation with Telegram, Gate launched Gate Pockets Mini App and Mini App, which attracted many TON ecosystem customers. These apps have over 2.55 million and 1.4 million month-to-month energetic customers, respectively, additional strengthening Gate's affect within the Web3 and blockchain ecosystems.

Quantitative funding has robust momentum and delivers glorious returns

Gate has made important progress in quantitative funding. Launched in April, the quantitative fund has turn into an business benchmark, attracting high-net-worth traders with its revolutionary low-risk, high-return technique and versatile redemption mechanism. The fund achieved an annualized return of over 20% in its first yr, outperforming the typical for main platforms.

Gate's USDT-based funds reported annual returns of over 40%, whereas BTC-based funds achieved 25%. These spectacular outcomes have considerably strengthened institutional investor engagement, with spot buying and selling quantity growing 4.4 instances and contract buying and selling quantity growing 1.63 instances year-on-year. Brokerage providers additionally noticed a 17x improve in buying and selling volumes, reflecting elevated demand for Gate's institutional providers {and professional} buying and selling techniques.

$9.566 billion in complete reserves: Constructing belief by safety and compliance

In 2024, Gate excelled in reserve efficiency and supplied customers with a strong safety framework. The platform's complete reserves amounted to $9.566 billion, and the reserve ratio was 123.91%, a rise of 47.2% from the earlier audit. Extra reserves elevated by 68.89% to $1.846 billion, a document excessive, rating second amongst main platforms. Reserve ratios for mainstream cryptocurrencies equivalent to Bitcoin and Ethereum have been 124.47% and 128.52%, 20 factors increased than the business common.

On the similar time, Gate Entities continues to strengthen its compliance framework and aggressively pursue regulatory initiatives throughout a number of geographies. With the acquisition of Coin Grasp, Gate Entities expands its compliance presence within the Asian market. The corporate efficiently submitted its MiCA license utility by the Malta platform and additional strengthened its compliance presence in Europe with the acquisition of Cyprus licensing company Sheer Markets. Moreover, Gate Entities has accomplished VASP registration in Argentina, advancing its compliance efforts in key international markets together with Gibraltar, Bahamas, Hong Kong, Singapore, and the Center East, paving the best way for future international growth.

Monetary innovation to satisfy various funding wants: Gate Earn Surge 185%

Gate has achieved important milestones in monetary innovation, notably with its Gate Earn product line. Gate Earn's each day funds surged 185% to just about 2 billion USDT. The platform added over 500,000 new customers and grew 205% yr over yr. Supporting 832 tokens, Gate presents reward swimming pools in USDT, BTC, ETH, and different main cryptocurrencies with as much as 30% further returns.

Gate continues to satisfy the various wants of its customers, with 665 tasks protecting a complete funding measurement of $18 billion. Modern merchandise equivalent to on-chain staking, dual-currency investing, and GT mining present much more flexibility in asset administration and increase funding choices.

Collaborate with business leaders to drive innovation and development

Gate has partnered with a number of business leaders to drive blockchain innovation and ecosystem improvement. Collaborations embrace strategic partnerships with Elliptic and Chainaosis to strengthen compliance and safety, $10 million funding in The Open Community (TON), and $100 million Web3 co-launched with Abu Dhabi Blockchain Heart Contains Innovation Fund. Different partnerships deal with accelerating improvement, such because the Transfer ecosystem.

Gate has additionally strengthened its collaboration with international cloud suppliers to reinforce the platform's efficiency and safety. Gate is actively investing in Web3 to drive blockchain innovation and ecosystem growth, solidifying its place as a pacesetter within the cryptocurrency business.

Notably, Gate.io grew to become Intel's official sleeve sponsor, creating extra market alternatives for the cryptocurrency sector.

Trying to the longer term: Deepening international markets and driving business innovation

In 2024, Gate has strengthened its management within the international digital asset buying and selling house by innovation-driven development and a diversified ecosystem. With regular development in transaction quantity and thriving revolutionary enterprise, Gate has demonstrated robust market competitiveness and business affect.

Going ahead, Gate will proceed to embrace innovation as a driving power, deepening its deal with its core enterprise, increasing into rising markets, and advancing the event and utility of blockchain know-how. This platform goals to offer customers with extra various and high-quality services and products. On the similar time, Gate will leverage know-how to advertise social progress and actively fulfill its social obligations.

Gate is dedicated to working with our customers and international companions to repeatedly improve our merchandise, optimize our providers, give again to our neighborhood, and assist construct a safe, clear, and open Web3 world.

Media Contact: Elaine Wang (e-mail protected)