BREAKING
81d 12h ago

Gate Posts $131B Spot & $923B Futures in August — BTC Reserves Over 120% as GUSD Launch and 300th Launchpool Drive Growth

Loading market data...
Bitcoin
Bitcoin

-

-

Volume (24h): -

Gate Posts $131B Spot & $923B Futures in August — BTC Reserves Over 120% as GUSD Launch and 300th Launchpool Drive Growth

According to CryptoRank’s monthly exchange report, Gate registered a robust spot trading volume of $131 billion in August, placing it second globally behind Binance, while its futures trading volume reached $923 billion—an 18% month‑on‑month rise that marked it as the fastest‑growing platform among top exchanges. The exchange’s ecosystem expansion is notable: Gate Launchpool reached its 300th session, cumulatively distributing over $96.8 million in user rewards, and Gate introduced GUSD, a tokenized US bond product backed by real‑world assets (RWA). Official transparency disclosures report approximately $12 billion in assets under management (AUM) and an overall reserve ratio of 124%, with reserve coverage for BTC, ETH and USDT all exceeding 120%, above industry averages.

Share News:
Don't Miss Breaking News
HomeFlashMarketProfile
    Gate Posts $131B Spot & $923B Futures in August — BTC Reserves Over 120% as GUSD Launch and 300th Launchpool Drive Growth - Breaking News