Dr. Han, founder and CEO of crypto asset trading platform Gate, delivered a speech titled "Time to Go All-in on Web 3" at the Gate x Red Bull reception during the TOKEN 2049 event in Singapore. He began by reviewing Gate's 12-year history and providing an in-depth analysis of the future trends of CEXs and DEXs. He proposed that "going all-in on Web 3 and building a global ecosystem on-chain is both an upgrade for exchanges and the evolution of future finance." He emphasized the importance of decentralization, the coordinated development of global trading, and the on-chain ecosystem, offering a new perspective for the future development of exchanges. He stated that Gate will take "all-in on Web 3" as its core strategy and comprehensively develop a global on-chain ecosystem.

Gate comprehensively deploys Web 3 to promote the upgrading of the crypto trading ecosystem

Since its founding in 2013, Gate has been committed to integrating centralized exchanges (CEX) and decentralized exchanges (DEX) services, continuously focusing on innovative technology and globalization strategies. Today, Gate has grown into one of the world's leading crypto trading platforms, offering a diverse range of services including trading, wallets, custody, and payments. With over 39 million users, Gate ranks second globally in spot trading volume and among the top four in futures trading volume, with total assets under custody exceeding $12 billion. In recent years, Gate has also become an official sponsor of the Formula 1 Red Bull Racing team and Inter Milan, further solidifying its global brand influence. Dr. Han emphasized that Gate's years of commitment to innovative technology, user experience, and global compliance are key to its continued growth and global influence.

DEX technology breakthroughs improve on-chain transaction efficiency

In the past, DEXs were limited by blockchain performance bottlenecks, making them difficult to compete with CEXs. However, in recent years, the industry has seen significant technological breakthroughs. Dr. Han pointed out that while CEXs offer comprehensive functionality, DEXs possess irreplaceable advantages, particularly in transparency, independent control, and low-cost, rapid token issuance. The rise of DEXs has provided significant impetus for Gate's Web 3 strategy. Currently, their on-chain transaction performance has reached 700,000 transactions per second, even exceeding the speed of traditional exchanges and some stock markets in certain scenarios. Simultaneously, the user experience has been significantly improved, evolving from complex wallet operations in the early days to one-stop tools like Gate Wallet and MetaMask, providing users with convenient access to Web 3.

Dr. Han further explained that the value of DEX lies not only in its technical performance, but also in its innovative user experience and usage models. Through on-chain systems, users maintain full control over their assets, with all balances, transactions, and order data publicly verifiable and highly transparent. Users can access their wallets and assets at any time without third-party approval, providing complete autonomy. Furthermore, DEXs offer rapid token issuance with low barriers to entry, enabling any user to issue tokens in minutes and instantly access liquidity and the trading ecosystem without the need for a dedicated team or high listing fees. This convenience and autonomy are simply unattainable with centralized exchanges. These advantages not only enhance the user experience but also drive the rapid development of on-chain asset trading and innovative projects.

TVL gradually catches up with CEX, and DEX is accelerating the reshaping of the industry landscape

The number of global crypto users has grown from approximately 1 million in 2013 to nearly 700 million, reaching a penetration rate of 10% of the global population. Meanwhile, the number of active users and trading volume on decentralized exchanges (DEXs) continues to rise, approaching the total value locked (TVL) of centralized exchanges (CEXs) in 2025 and expected to surpass it soon. In terms of token issuance, DEX platforms can issue over 15,000 tokens daily, with an annual total exceeding 10 million, making them the preferred channel for new projects. In terms of trading volume, DEXs hold approximately 25% of the market share, potentially approaching 50%. Contract and swap trading are also experiencing rapid growth. The active performance of platforms such as Hyperliquid, PancakeSwap, and Solana further validates the market potential of DEXs. Dr. Han stated that this trend demonstrates that DEXs have become an integral part of the crypto trading ecosystem, providing a solid foundation for Gate's full entry into Web 3.

Gate's innovative product matrix leads the development of the on-chain ecosystem

To meet growing market demand, Gate launched its new Web 3 platform, web 3.gate.com, building a diversified product portfolio covering both on-chain and off-chain platforms. Gate Layer's proprietary, high-performance, second-layer blockchain can process over 5,700 transactions per second, with block generation taking just one second. Its transaction fees are significantly lower than those of most existing second-layer networks, providing low-cost, highly scalable underlying support for decentralized applications. Gate Perp DEX offers decentralized perpetual contract trading to users worldwide, featuring deep liquidity and a high-performance matching engine, ensuring a balanced balance of transparency and transaction efficiency.

In addition, Gate has launched Gate Meme Go, a platform for discovering and tracking popular meme tokens on-chain, helping users quickly capture community trends. Gate Fun is the first on-chain launch platform for meme tokens on Gate Layer, supporting zero-code token issuance and full-process token lifecycle management. On-chain wrapped assets such as GTBTC and GTETH provide cross-chain asset solutions, currently managing over $1.2 billion in assets. This suite of products collectively builds a complete on-chain ecosystem that not only meets the innovative needs of creators, but also provides users with a secure, compliant, transparent, and efficient full-scenario experience, while also offering developers ample room for innovation.

Global compliance strategy ensures safe operations, with multi-jurisdictional licenses covering major markets

Compliance is a core pillar of Gate's strategy. Several entities under the Gate Group have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions including Malta, Italy, the Bahamas, Hong Kong, Japan, and Australia. In April of this year, Gate Technology FZE, a subsidiary of the Gate Group, obtained VASP licenses, including the Dubai VARA license, under the oversight and supervision of Dubai's VARA. The company will launch a trading platform supporting the local fiat currency, the AED. In Europe, Gate's Malta subsidiary, Gate Technology Ltd, has obtained a MiCA license under the supervision of the Malta Financial Services Authority (MFSA), simultaneously initiating the EU passporting process and continuing to expand its local compliance footprint. Dr. Han stated that this comprehensive global compliance landscape not only ensures Gate's secure and reliable trading services in all regions, but also creates a stable and sustainable operating environment for users and partners, laying a solid foundation for Gate's long-term development in the global market.

Looking ahead, accelerating the implementation of the All in Web 3 strategy

Dr. Han emphasized that Gate will continue to prioritize its "All in Web 3" strategy, combining cutting-edge innovative technologies, a global compliance strategy, and an optimized user experience to propel the crypto trading ecosystem into a new stage of development. Through a unified brand and global operations, Gate will provide users with efficient, secure, and transparent one-stop Web 3 services, fulfilling its "One World, One Gate" global ecosystem vision while creating a comprehensive and reliable on-chain experience for traders and developers.