Gate 2024 Annual Report: Transaction quantity exceeds $3.8 trillion, solidifying prime 4 place in market

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In 2024, gateis among the world's main digital asset buying and selling platforms and has skilled a yr of fast development and deep innovation. By means of eager business insights, revolutionary product methods, and a deep understanding of consumer wants, Gate has achieved record-breaking consumer numbers and transaction volumes, whereas actively participating its various ecosystem to drive growth throughout the platform. Expanded.

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

In keeping with the general public report, Gate.io's whole consumer base exceeded 20 million, a rise of over 50%, and transaction quantity reached $3.8 trillion, a rise of 120% yr over yr. Spot buying and selling quantity exceeded $1.8 trillion and contract buying and selling quantity reached $2 trillion, each of which confirmed vital development. This displays Gate's rising world 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 nicely in varied regional markets, significantly Asia and Europe, with vital development in each buying and selling quantity and consumer numbers.

By means of 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 nearly 300% in 2024, with the value reaching a historic excessive of $18.667 as of January 9, 2025. These indicators spotlight Gate's sturdy development momentum.

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

Gate continued to steer 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 help the burgeoning meme coin market.

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The platform has additionally strengthened its deal with the TON ecosystem. By means of 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 lively customers, respectively, additional strengthening Gate's affect within the Web3 and blockchain ecosystems.

Quantitative funding has sturdy momentum and delivers glorious returns

Gate has made vital progress in quantitative funding. Launched in April, the quantitative fund has grow to be 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 common 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 rising 4.4 instances and contract buying and selling quantity rising 1.63 instances year-on-year. Brokerage providers additionally noticed a 17x enhance in buying and selling volumes, reflecting elevated demand for Gate's institutional providers {and professional} buying and selling programs.

$9.566 billion in whole reserves: Constructing belief via safety and compliance

In 2024, Gate excelled in reserve efficiency and offered customers with a sturdy safety framework. The platform's whole 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 comparable to Bitcoin and Ethereum have been 124.47% and 128.52%, 20 factors larger than the business common.

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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 software via 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 world markets together with Gibraltar, Bahamas, Hong Kong, Singapore, and the Center East, paving the way in which for future world enlargement.

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

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

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

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Collaborate with business leaders to drive innovation and development

Gate has partnered with a number of business leaders to drive blockchain innovation and ecosystem growth. 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 Middle Contains Innovation Fund. Different partnerships deal with accelerating growth, such because the Transfer ecosystem.

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

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

Trying to the long run: Deepening world markets and driving business innovation

In 2024, Gate has strengthened its management within the world digital asset buying and selling house via innovation-driven development and a diversified ecosystem. With regular development in transaction quantity and thriving revolutionary enterprise, Gate has demonstrated sturdy 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 software of blockchain know-how. This platform goals to offer customers with extra various and high-quality services. On the similar time, Gate will leverage know-how to advertise social progress and actively fulfill its social duties.

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

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