CoinDesk: Gate Ranks Third Globally in October Combined Spot and Derivatives Trading Volume, Achieving Dual Gains in Trading Strength and Fund Security

Odaily reports that CoinDesk's latest Exchange Review report shows Gate ranked third globally in combined spot and derivatives trading volume in October, with average daily trading volume of approximately $14.3 billion, closely following Binance and OKX. In October, Gate demonstrated strong competitiveness across spot market share growth, derivatives trading volume rankings, and overall trading scale. Currently, Gate's global user base has exceeded 62 million, supporting over 5,400 trading pairs, as it continues to expand global digital asset trading services.

On the fund security front, Gate launched its Proof of Security (PoSEC) on November 4, with the platform's cold storage coverage rate reaching 104.58%, with cold storage and hot wallet funds accounting for 88.26% and 11.74% respectively. The latest Proof of Reserves (PoR) report shows that as of October 18, the platform's total reserve scale reached $8.688 billion, up 5.7% quarter-over-quarter, with the overall reserve ratio rising to 118.49%, covering 500 types of user assets. By enriching multi-asset trading scenarios and upgrading its security and reserve transparency systems, Gate continues to provide global users with diverse trading options and verifiable security guarantees.