Gate releases latest quarterly report: Leveraging TradFi and crypto asset convergence to drive multi-business synergistic growth

Odaily Odaily Odaily reports, digital asset trading platform Gate has released its latest quarterly report, showcasing a strong momentum of continued expansion across multiple core businesses. Gate Perp DEX has entered a phase of scaled growth based on a mature product system, with cumulative trading volume exceeding $13 billion in the first quarter, surpassing 10 million trades, and over 600 trading pairs. While covering major crypto assets, it has introduced TradFi perpetual contracts for gold, silver, and crude oil, extending the platform from a single crypto derivatives trading venue to a multi-asset market.

Meanwhile, the ETF and derivatives market has performed actively. Quarterly ETF trading volume grew from 6.7 billion USDT at the beginning of the year to over 18 billion USDT, covering more than 320 trading pairs. The average daily number of options trading users increased by 54.6%. TradFi-related products have become a key driver of derivatives growth, pushing the trading structure from single crypto assets towards a multi-asset system.

On the institutional and product ecosystem front, the platform's growth momentum continues to be unleashed. Institutional contract trading volume rose by over 50% compared to the end of last year, with the total number of institutional users increasing by more than 66%. Asset under management grew by 22%, trading volume increased by 192%, and CrossEx trading volume and net asset size grew approximately 9.4 times and 3.1 times, respectively. Gate's multi-business synergistic growth, anchored in the convergence of TradFi and crypto assets, is accelerating its evolution into a comprehensive multi-asset trading platform.