Gate releases latest quarterly report: Leveraging the convergence of TradFi and crypto assets, multiple business lines achieve synergistic growth

Odaily reported that digital asset trading platform Gate has released its latest quarterly report, showcasing robust momentum in the continuous expansion of multiple core businesses. Gate Perp DEX, built upon a mature product system, has entered a phase of scaling growth. In the first quarter, cumulative trading volume exceeded $13 billion, the number of transactions surpassed 10 million, and the number of trading pairs exceeded 600. While covering major crypto assets, it has also introduced TradFi perpetual contracts for gold, silver, and crude oil, driving the platform's expansion from a single crypto derivatives exchange towards a multi-asset market.

Meanwhile, the ETF and derivatives market segments showed active performance; ETF quarterly 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 users for options trading increased by 54.6%. TradFi-related products have become a significant driver of derivatives growth, pushing the trading structure to extend from single crypto assets towards a multi-asset system.

In terms of institutional and product ecosystem, the platform's growth momentum continues to release. Institutional contract trading volume increased by over 50% compared to the end of last year, and the total number of institutional users grew by over 66%. Assets under management rose by 22%, trading volume increased by 192%, and CrossEx's trading volume and net asset size achieved approximately 9.4x and 3.1x growth respectively. Gate's multiple business lines are growing synergistically, leveraging the convergence of TradFi and crypto assets, and is accelerating its evolution into a multi-asset comprehensive trading platform.