Gate is listed in the latest CoinDesk report: Derivatives trading volume increased by nearly 70% month-on-month, ranking first in the world

This article is machine translated
Show original

On June 23, the latest "Monthly Report on Cryptocurrency Trading Platforms" released by CoinDesk today shows that Gate has been listed on the report's highlight list with outstanding performance, becoming one of the fastest-growing mainstream platforms in the global derivatives market. The report points out that Gate performed brilliantly in the derivatives market, with a month-on-month increase of 69.9% in contract trading volume in May, reaching $264 billion, ranking first globally in monthly growth. The contract market share simultaneously jumped to 4.13%, setting a new platform historical high, fully demonstrating strong market liquidity and user stickiness.

As the world's first cryptocurrency asset trading platform committed to 100% reserve funds, Gate continues to lead the industry in asset transparency and user asset security. The report simultaneously indicates that Gate's latest reserve fund report shows the platform's total reserves have reached $10.453 billion, with a total reserve rate of 123.09%, where core assets such as BTC, ETH, and USDT have reserve ratios exceeding 110%, further reflecting the platform's robust financial strength and comprehensive protection of user assets.

Additionally, the report specially mentions Gate's global brand collaboration with the F1 Red Bull racing team and the jointly launched Web3 digital collectibles project IN THE MOMENT, highlighting Gate's forward-looking strategy in brand internationalization and Web3 popularization education. In the future, Gate will continue to build a more open, secure, and convenient crypto ecosystem with "innovation, compliance, and professionalism" as its core.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments