Gate releases 2024 annual report: transaction volume exceeds US$380 million, number of users exceeds 20 million

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ODAILY
01-14
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Odaily Report: According to official information, Gate released its 2024 annual report, with the platform's user base surpassing 20 million and the full-year trading volume reaching 3.8 trillion US dollars, a year-on-year increase of 120%. Among this, the spot trading volume reached 1.8 trillion US dollars, and the contract trading volume reached 2 trillion US dollars. Additionally, the platform token GT's market capitalization has continuously hit new highs. According to the annual report, in 2024, Gate launched an innovation zone and MemeBox, with trading volume exceeding 1 billion US dollars and the listing of over 500 MEME coin projects. It also expanded into the TON ecosystem, with Gate Web3 Wallet's on-chain assets exceeding 27 billion US dollars. In terms of institutional business, its quantitative funds achieved annualized returns of 40% (USDT-denominated) and 25% (BTC-denominated), with institutional spot trading volume growing 4.4 times year-on-year. Regarding security and compliance, in 2024, Gate's total reserve value reached 9.566 billion US dollars, with a reserve ratio of 123.91%. Additionally, Gate Entities have applied for an MiCA license and obtained VASP certifications in multiple regions. Furthermore, Gate has partnered with Inter Milan Football Club as the official jersey sleeve sponsor, and the platform has stated that it will deepen its global expansion in 2025, continue to focus on emerging markets and innovative products, and further drive the development of the digital asset industry.

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