Gate has distinguished itself in the latest CoinDesk Crypto Exchange Monthly Report, demonstrating exceptional growth within the global derivatives market. In May, Gate’s contract trading volume surged by 69.9% month-over-month, reaching an impressive $264 billion. This growth positioned Gate as the leader in monthly growth rate worldwide, with its contract market share climbing to 4.13%, marking a historic peak for the platform. Such metrics underscore Gate’s robust market liquidity and heightened user engagement.
As the pioneering crypto trading platform committed to 100% reserve backing, Gate continues to set industry standards in asset transparency and security. The latest reserve report reveals total reserves of $10.453 billion and a reserve ratio of 123.09%, with key assets like BTC, ETH, and USDT maintaining ratios above 110%. These figures highlight Gate’s strong financial foundation and its dedication to safeguarding user assets comprehensively.
Additionally, Gate’s strategic global partnership with the F1 Red Bull Racing Team and the launch of the Web3 digital collectibles initiative, IN THE MOMENT, emphasize its commitment to brand internationalization and advancing Web3 adoption. Moving forward, Gate aims to prioritize innovation, compliance, and professionalism to foster a more secure and accessible crypto ecosystem.