According to CryptoRank's latest bimonthly exchange report, facing increasingly fierce competition from leading exchanges, Gate continued to release strong growth momentum in August, steadily consolidating its strategic position as the world's top centralized exchange.

In spot trading, Gate ranked second globally, behind only Binance, with a monthly trading volume of $131 billion, significantly outpacing its competitors and demonstrating its deep liquidity and user engagement. In derivatives, Gate's contract trading volume reached $923 billion in August, an 18% month-over-month increase, outpacing major exchanges in growth and further solidifying its leading position globally.

In addition to its trading performance, Gate has also achieved new breakthroughs in ecosystem development. Gate Launchpool successfully held its 300th event, distributing over $96.8 million in airdrop rewards, further increasing user engagement and project visibility. Meanwhile, Gate launched GUSD, a tokenized US Treasury bond product backed by RWA, which garnered widespread market attention. Furthermore, Gate's August transparency report revealed that its platform has total assets of $12 billion, with an overall reserve ratio of 124%. BTC, ETH, and USDT all hold over 120%, exceeding the industry average.

Gate stated that it will continue to promote product innovation and compliance construction, strive to build a user-centric ecosystem, and accelerate its progress towards becoming a "next-generation super unicorn exchange" that connects traditional finance and Web 3.