In spot trading, Gate secured the Top 2 global rank with $131B in monthly volumes, second only to Binance and firmly ahead of close competitors, underscoring its liquidity depth and user activity. On the derivatives side, Gate recorded $923B in August futures trading volume, an 18% MoM growth. This marked the strongest derivatives growth rate among the major derivatives exchanges, securing it a solid position among the top players.
Beyond trading metrics, Gate achieved several ecosystem milestones in August. Gate Launchpool marked its 300th campaign, delivering over $96.8M in total airdrop rewards, strengthening both user engagement and project exposure. Moreover, Gate launched GUSD, a tokenized US Treasury product backed by real-world assets (RWAs), reflecting robust market demand. In addition, Gate reported $12B in total assets with an overall 124% reserve ratio in its August Transparency Report, with BTC, ETH, and USDT reserves all above 120%, on average higher than most exchanges.
Gate emphasized that it will continue driving product innovation and compliance readiness, aiming to build a user-centric ecosystem and evolve as the next-generation crypto exchange bridging TradFi and Web3.
Details: https://cryptorank.io/insights/research/august-crypto-exchanges-report