In 2024, Gate, among the world's leading digital property trading platforms, experienced a year of quick development and deep development. Through sharp market insights, ingenious item methods, and an extensive understanding of user requirements, Gate accomplished record-breaking user numbers and trading volumes while actively broadening its varied environment to drive general platform advancement.
Continual Growth in Users and Trading Volume, Securing 4th Place in Market Share
According to its public report, Gate.io's overall user base went beyond 20 million, with over 50% development, while trading volume reached $3.8 trillion, a 120% year-on-year boost. Area trading volume went beyond $1.8 trillion, and agreement trading volume reached $2 trillion, both revealing substantial development. This shows Gate's increasing international market penetration and the appeal of its items.
The platform released 873 brand-new tokens throughout the year, consisting of 437 special very first listings, offering users with varied financial investment alternatives. Gate likewise showed strong efficiency in numerous local markets, especially in Asia and Europe, where both trading volumes and user numbers grew substantially.
Through its Gate Startup effort, the platform continued to present ingenious functions, dispersing airdrops worth almost $30 million, with cumulative airdrop worth surpassing $120 million. Furthermore, Gate Token (GT) saw almost 300% development in 2024, with its cost reaching a historical high of $18.667 since January 9th, 2025. These metrics highlight Gate's robust development momentum.
Ingenious Products Leading Emerging Markets with Over $1 Billion Trading Volume
Gate continued to lead in item development in 2024, specifically in the Memecoin sector. By introducing devoted Pilot and MemeBox, the platform brought in considerable user involvement in this emerging market. Because its launch, Pilot has actually attained over $1 billion in trading volume, noting more than 500 Memecoin jobs. In addition, a $50 million committed fund was developed to support the growing Memecoin market.
The platform likewise increased its concentrate on the TON community. Through cooperation with Telegram, Gate presented eviction Wallet Mini App and Mini App, which drew in many TON community users. Month-to-month active users for these apps surpassed 2.55 million and 1.4 million, respectively, even more reinforcing Gate's impact in the Web3 and blockchain community.
Strong Momentum in Quantitative Investment with Superior Returns
Gate made noteworthy development in quantitative financial investment. The Quantitative Fund introduced in April ended up being a market standard, bring in high-net-worth financiers with its ingenious low-risk, high-return method and versatile redemption systems. In its very first year, the fund accomplished an annualized return of over 20%, exceeding the typical throughout significant platforms.
Gate's USDT-based fund reported an annualized return of over 40%, while the BTC-based fund accomplished 25%. These remarkable outcomes substantially strengthened institutional financier engagement, with area trading volume increasing 4.4 times and agreement trading volume growing 1.63 times year-on-year. Broker services likewise saw a 17-fold boost in trading volume, showing growing need for Gate's institutional services and expert trading systems.
Reserves Totaling $9.566 Billion: Building Trust Through Security and Compliance
In 2024, Gate mastered reserve fund efficiency,