BREAKING
140d 1h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

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