Gate2024 Annual Report: Transaction volume exceeds US$3.8 trillion, and market share ranks among the top 4 in the industry

In 2024, as one of the world's leading digital asset trading platforms, Gate ushered in a year of rapid growth and deep innovation. With keen industry insights, innovative product layout and a deep understanding of user needs, Gate has not only set new highs in user scale and transaction volume, but also actively deployed a diversified ecosystem to promote the overall development of the platform.

**Users and transaction volume continue to grow, and market share ranks

fourth in the industry**

According to its public report, the total number of Gate.io users has exceeded 20 million, an increase of more than 50%, and the transaction volume has reached 3.8 trillion US dollars, an increase of 120% compared with last year. Among them, spot trading volume exceeded US$1.8 trillion, and contract trading volume reached US$2.0 trillion, each showing significant growth. This growth reflects Gate's continued penetration of global markets and the appeal of its products.

In terms of the launch of new coins, Gate launched 873 new coins throughout the year, 437 of which were first launched on the entire network, providing users with diversified investment options. The platform has performed strongly in the trading markets in many regions around the world, especially in the Asian and European markets, with significant growth in trading volume and user numbers.

The platform also continues to launch innovative features through Gate Startup, issuing airdrops with a total value of nearly US$30 million, and the cumulative airdrop amount exceeds US$120 million. Furthermore, GT has experienced nearly 300% growth in the past year in 2024, with the price climbing to an all-time high, hitting $18.667. (As of January 9, 2025) Multiple data demonstrate the strong growth momentum of the Gate.io platform.

**Innovative products lead emerging markets, transaction volume exceeds 1

billion**

In 2024, Gate will continue to lead in product innovation, especially in the field of Meme coins. By launching a dedicated innovation area and MemeBox, a large number of users have been attracted to participate in this emerging market. Since the launch of the Innovation Zone, the transaction volume has exceeded US$1 billion, more than 500 Meme coin projects have been launched, and a dedicated fund of US$50 million has been established, promoting the vigorous development of the Meme coin market.

In addition, Gate has also stepped up its deployment of the TON ecosystem. Through cooperation with Telegram, Gate Wallet Mini App and Gate Mini App were launched, attracting a large number of TON ecological users. The number of monthly active users exceeded 2.55 million and 1.4 million respectively, further promoting Gate's influence in the Web3 and blockchain ecosystem.

**Quantitative investment has strong growth momentum and returns far

exceed the industry average**

Gate’s progress in the field of quantitative investment is also worthy of attention. Among them, the newly launched quantitative fund in April quickly became a benchmark in the industry with its innovative low-risk, high-yield strategy and flexible redemption mechanism, attracting a large number of high-net-worth investors. The fund achieved an annualized rate of more than 20% in its first year. The income far exceeds the average level of other mainstream platforms.

It is reported that the annualized return rate of the platform’s USDT-based fund exceeds 40%, while the annualized return rate of the BTC-based fund is 25%. This has enabled Gate to achieve remarkable results in attracting institutional investors. Spot trading volume has increased by 4.4 times year-on-year, contract trading volume has increased by 1.63 times, and institutional business performance has been strong. In addition, Gate’s brokerage business also showed strong growth momentum, with trading volume increasing 17 times year-on-year. This shows that the platform’s institutional services and professional trading system are favored by more and more investors.

**The total value of reserves reaches US$9.566 billion, building user

trust with security and compliance**

In 2024, Gate's excellent performance in reserve ratio has built a solid security line for users. The total value of its platform reserves reached US$9.566 billion, with a reserve ratio of 123.91%, an increase of 47.20% from the last audit. At the same time, excess reserves continued to hit a record high, growing significantly to US$1.846 billion, a growth rate of 68.89%, ranking second in the total excess reserves among mainstream platforms, among which the reserve rates of mainstream cryptocurrencies such as Bitcoin and Ethereum As high as 124.47% and 128.52%, both exceeding the industry average by 20 percentage points.

At the same time, Gate Entities continues to strengthen its compliance foundation and actively promotes compliance layout in multiple regions. Gate Entities has further expanded its compliance layout in the Asian market with the acquisition of Coin Master. It has successfully submitted a MiCA license application through its Malta platform and acquired Sheer Markets, a licensed institution in Cyprus, to further strengthen its compliance layout in the European market. . In addition, Gate Entities successfully completed VASP registration in Argentina and promoted compliance layout in many important markets around the world, including Gibraltar, the Bahamas, Hong Kong, Singapore, and the Middle East, paving the way for future global expansion.

**Financial innovation meets diversified investment needs, and the size

of Yubibao’s funds surges by 185%**

Gate has also made remarkable achievements in financial innovation, especially in the Gate Earn product line. The daily capital scale of Yubibao soared by 185%, reaching nearly 2 billion USDT; the number of new users exceeded 500,000, a year-on-year increase of 205% . The platform supports 832 currencies and provides reward pools for mainstream currencies such as USDT, BTC, and ETH, with up to 30% additional income. Wealth Management products are rich and diverse, covering a capital scale of 18 billion, and 665 projects are launched to meet the diverse needs of users.

In addition, Gate provides users with more flexible investment and asset management solutions through innovative products such as on-chain currency earning, dual-currency investment, and GT mining, and continuously enriches investment products to meet users' needs for diversified investments.

**Join hands with industry leaders to jointly promote industry innovation

and development**

In 2024, Gate will join forces with multiple industry leaders to jointly promote the development of blockchain innovation and ecology: it has reached strategic cooperation with Elliptic and Chainalysis, leaders in the field of blockchain data analysis, to comprehensively improve the compliance and security of the platform; The Open Network (TON) invested US$10 million in blockchain to accelerate the development of projects based on Telegram; jointly launched a US$100 million fund with the Abu Dhabi Blockchain Center to support Web3 innovation; joined forces with Movement Labs and Boon Ventures to accelerate the development of the Move ecosystem ……etc.

At the same time, the company continues to strengthen cooperation with the world's leading cloud vendors to improve platform performance and security. Gate is also actively developing the Web3.0 field and promoting blockchain technology innovation and ecological development through investment, cooperation, etc. These initiatives not only consolidate Gate's position in the cryptocurrency industry, but also lay a solid foundation for its future development.

In addition, Gate.io has reached a cooperation with Inter Milan and became the club’s official jersey sleeve sponsor, opening up more markets and cooperation opportunities for the crypto industry.

**Looking to the future: Deeply explore the global market and promote

industry innovation**

In 2024, Gate will further consolidate its leading position among global digital asset trading platforms with innovation-driven growth and diversified ecological layout. Whether it is the steady growth of transaction size or the vigorous development of innovative business, Gate has demonstrated strong market competitiveness and industry influence.

Looking forward to the future, Gate will continue to be driven by innovation, deepen its core business, expand into emerging markets, promote the development and application of blockchain technology, and provide users with more diverse and better products and services. At the same time, Gate.io will also actively assume social responsibilities and promote social progress through technological empowerment. Gate will work with platform users and global partners to continuously improve products, optimize services, actively give back to the community, and jointly build a secure, transparent, and open Web3 world.