Gate Releases Latest Quarterly Report: Leveraging the Convergence of TradFi and Crypto Assets, Multi-Business Synergistic Growth

Odaily Odaily reports that digital asset trading platform Gate has released its latest quarterly report, showcasing strong momentum in the continued expansion of its core business lines. Gate Perp DEX has entered a phase of scaled growth on the foundation of a mature product suite, with cumulative trading volume exceeding $13 billion in Q1, surpassing 10 million trades, and offering over 600 trading pairs. 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 marketplace.

Meanwhile, the ETF and derivatives markets showed robust activity. 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 daily active users for options trading increased by 54.6%. TradFi-related products have become a key driver of derivatives growth, pushing the trading structure beyond 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 increased by over 50% compared to the end of last year, with the total number of institutional users growing by more than 66%. Assets under management (AUM) grew by 22%, and trading volume surged by 192%. CrossEx saw its trading volume and net asset size increase by approximately 9.4 times and 3.1 times, respectively. Gate's multi-business synergistic growth, underpinned by the convergence of TradFi and crypto assets, is accelerating its evolution into a multi-asset comprehensive trading platform.