In 2024, Gate, one of many world’s main digital asset buying and selling platforms, skilled a yr of fast development and deep innovation. By means 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 total platform growth.
Sustained Progress in Customers and Buying and selling Quantity, Securing 4th Place in Market Share
In line with its public report, Gate.io’s whole person base surpassed 20 million, with over 50% development, 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 exhibiting vital development. 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 varied regional markets, notably in Asia and Europe, the place each buying and selling volumes and person numbers grew considerably.
By means of its Gate Startup initiative, the platform continued to introduce revolutionary options, distributing airdrops value practically $30 million, with cumulative airdrop worth exceeding $120 million. Moreover, Gate Token (GT) noticed practically 300% development in 2024, with its worth reaching a historic excessive of $18.667 as of January ninth, 2025. These metrics spotlight Gate’s strong development momentum.
Modern Merchandise Main Rising Markets with Over $1 Billion Buying and selling Quantity
Gate continued to guide 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 tasks. Moreover, a $50 million devoted fund was established to help the booming Memecoin market.
The platform additionally elevated its concentrate on the TON ecosystem. By means 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 yr, the fund achieved an annualized return of over 20%, outperforming the typical 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 instances and contract buying and selling quantity rising 1.63 instances year-on-year. Dealer providers additionally noticed a 17-fold enhance 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 means 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 means 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 best way for future international enlargement.
Monetary Innovation to Meet Various Funding Wants: Gate Earn Surges 185%
Gate achieved outstanding milestones in monetary innovation, notably within the Gate Earn product line. Gate Earn’s each day funds surged 185%, reaching practically $2 billion USDT. The platform added over 500,000 new customers, with 205% year-on-year development. 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 tasks overlaying a complete fund scale of $18 billion, Gate continues to fulfill the various wants of its customers. Modern merchandise like on-chain staking, dual-currency funding, and GT mining additional improve asset administration flexibility and increase funding choices.
Collaborating with Business 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 Middle. Different partnerships centered 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.
Wanting Forward: Deepening International Markets and Driving Business Innovation
In 2024, Gate solidified its management within the international digital asset buying and selling area by innovation-driven development and a diversified ecosystem. With strong development in buying and selling quantity and thriving revolutionary companies, Gate demonstrated robust market competitiveness and business affect.
Wanting forward, Gate will proceed to embrace innovation as a driving pressure, deepen its concentrate on core companies, increase into rising markets, and advance the event and software of blockchain know-how. The platform goals to offer customers with extra various and high-quality services. On the similar time, Gate will actively fulfill its social duties, leveraging know-how to drive social progress.
Gate will collaborate with its customers and international companions to constantly improve merchandise, optimize providers, and provides again to the neighborhood, working collectively to construct a safe, clear, and open Web3 world.