Against the backdrop of the industry generally reducing the supply of ETF leveraged tokens and accelerating the phase-out of complex structured products, Gate continues to advance the scaled supply of ETF leveraged tokens with a transparent mechanism and unified fee structure, becoming one of the few platforms capable of stably providing such trading over the long term. By clearly disclosing rebalancing times and trigger ranges, a unified 0.1%/day management fee covering contract hedging, funding rates, and trading costs, Gate provides explicit disclosure of the core rules and cost sources for highly structured leveraged tokens, lowering the barrier to entry and the cost of understanding.

A systematic reconstruction of the decentralized trading entry point, product capabilities, and overall user experience.

This article conducts a statistical review across multiple time windows from 5 minutes to 30 days post-listing, using metrics such as the proportion of assets that rose, the gains of rising samples, and median values to characterize overall performance and its structural differences.

As a globally leading digital asset trading platform, Gate consistently demonstrates its commitment to user security and industry transparency through concrete actions.

This report systematically outlines the entire evolution of crypto wallets from private key management tools in the Bitcoin era to becoming the core gateway for on-chain finance. The research reviews how waves such as DeFi Summer, inscriptions, Memes, and on-chain derivatives have continuously expanded the functional boundaries of wallets, driving their transformation from passive asset management tools into All-In-One on-chain "CEX-like" platforms. It also analyzes the commercial breakthroughs wallets have achieved in asset issuance, trading, and distribution scenarios.

The platform is rapidly evolving from a single trading platform to a comprehensive Web3 full-stack ecosystem.

The probability of the Federal Reserve pausing interest rate cuts at its January meeting has risen to 78%.

From November 11th to November 24th, 2025, the cryptocurrency market experienced a correction due to concerns about an AI bubble and tightening macroeconomic conditions. However, BTC and ETH saw a low-level recovery, maintaining an overall consolidation phase. The top 500 cryptocurrencies by market capitalization all fell by approximately 15%, with significant divergence among small and mid-cap coins. BEAT led the gains with a 436% increase, while thematic coins like SOON fell by 50-70%. There was a clear mismatch between volume and price; coins like AGENTFUN and XSO saw increased volume but failed to rise, indicating a cautious short-term market but still presenting structural opportunities.

This report systematically reviews the evolution and cryptographic trends of the global private wealth management (PWM) industry, focusing on the structural changes in wealth management since 2025, which have shifted from the traditional financial system to an on-chain economy.

Gate Group will continue to expand its global compliance footprint and promote a secure and transparent industry ecosystem.

Gate has achieved a multi-dimensional leap in transaction scale, ecosystem construction, and global influence through product structure upgrades and the continuous deepening of its All in Web3 strategy.

The crypto asset trading platform Gate has launched a subscription. The subscription period is from 21:30 on September 23rd to 18:00 on September 25th (UTC+8), with a total subscription amount of 3,000,000 XPL and a subscription price of 1 XPL = 0.35 GUSD.

过去十年，加密用户规模指数级扩张，CEX与DEX双轨并进，共同塑造多元格局；CEX稳健扩展，DEX加速崛起，市场生态逐步走向均衡。黑客事件与跨链洗钱路径持续演化，个人钱包盗窃上升，DEX风险暴露明显；CEX借助全球合规架构与成熟安全体系，保持信任与制度优势。未来，CEX与DEX将长期共存，CEX继续作为主流用户的核心入口与合规枢纽，DEX则以开放性与创新能力驱动生态持续扩张，市场发展将在多元架构下延续前行。

DEX will continue to drive innovation and community growth, while CEX is irreplaceable due to its security, compliance and ease of use.

It provides a new solution for user growth and project cold start.

Aims to comprehensively enhance users’ on-chain transaction experience and service quality.