In 2024, Gate, one of many world’s main digital asset buying and selling platforms, skilled a 12 months of fast progress and deep innovation. By way of sharp business insights, revolutionary 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 growth.
Sustained Progress in Customers and Trading Volume, Securing 4th Place in Market Share
In accordance with its public report, Gate.io’s complete person base surpassed 20 million, with over 50% progress, whereas buying and selling quantity reached $3.8 trillion, a 120% year-on-year enhance. Spot buying and selling quantity exceeded $1.8 trillion, and contract buying and selling quantity reached $2 trillion, each displaying important progress. This displays Gate’s rising 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 numerous funding choices. Gate additionally demonstrated robust efficiency in numerous regional markets, significantly 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 revolutionary 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 sturdy progress momentum.
Progressive Merchandise Main Rising Markets with Over $1 Billion Trading Volume
Gate continued to steer in product innovation in 2024, particularly within the Memecoin sector. By launching devoted Pilot and MemeBox, the platform attracted important 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 assist 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 buyers with its revolutionary low-risk, high-return technique and versatile redemption mechanisms. In its first 12 months, 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 rising 4.4 occasions and contract buying and selling quantity rising 1.63 occasions year-on-year. Dealer companies additionally noticed a 17-fold enhance in buying and selling quantity, reflecting rising demand for Gate’s institutional companies {and professional} buying and selling methods.
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 complete 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 software 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 way in which for future international enlargement.
Monetary Innovation to Meet Various Funding Wants: Gate Earn Surges 185%
Gate achieved exceptional milestones in monetary innovation, significantly within the Gate Earn product line. Gate Earn’s every 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 provides rewards swimming pools for USDT, BTC, ETH, and different main cryptocurrencies, with as much as 30% extra returns.
With 665 initiatives overlaying a complete fund scale of $18 billion, Gate continues to fulfill the various wants of its customers. Progressive merchandise like on-chain staking, dual-currency funding, and GT mining additional improve asset administration flexibility and develop funding choices.
Collaborating with Trade Leaders to Drive Innovation and Progress
Gate partnered with a number of business leaders to advance blockchain innovation and ecosystem growth. Collaborations included strategic partnerships with Elliptic and Chainalysis to boost 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 Heart. Different partnerships targeted on accelerating growth within the Transfer ecosystem and extra.
Gate additionally strengthened collaborations with international cloud suppliers to boost platform efficiency and safety. Actively investing in Web3, Gate is driving blockchain innovation and ecosystem enlargement, solidifying its place as a frontrunner 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 via innovation-driven progress and a diversified ecosystem. With sturdy progress in buying and selling quantity and thriving revolutionary companies, Gate demonstrated robust market competitiveness and business affect.
Trying forward, Gate will proceed to embrace innovation as a driving power, deepen its deal with core companies, develop into rising markets, and advance the event and software of blockchain expertise. The platform goals to offer customers with extra numerous and high-quality services. On the similar time, Gate will actively fulfill its social tasks, leveraging expertise to drive social progress.
Gate will collaborate with its customers and international companions to repeatedly improve merchandise, optimize companies, and provides again to the neighborhood, working collectively to construct a safe, clear, and open Web3 world.
