In 2024, gateis one of the world’s leading digital asset trading platforms and has experienced a year of rapid growth and deep innovation. Through keen industry insights, innovative product strategies, and a deep understanding of user needs, Gate has achieved record-breaking user numbers and transaction volumes, while actively engaging its diverse ecosystem to drive development across the platform. Expanded.
Number of users and trading volume continue to increase, securing 4th place in market share
According to the public report, Gate.io‘s total user base grew by over 50% to over 20 million users, and transaction volume reached $3.8 trillion, up 120% year-over-year. Spot trading volume exceeded $1.8 trillion and contract trading volume reached $2 trillion, both of which showed significant growth. This reflects Gate’s growing global market penetration and the appeal of its products.
The platform launched 873 new tokens throughout the year, including 437 exclusive first listings, providing users with diverse investment options. Gate also performed well in various regional markets, particularly Asia and Europe, with significant growth in both trading volume and user numbers.
Through the Gate Startup initiative, the platform continues to introduce innovative features and has distributed nearly $30 million worth of airdrops, with cumulative airdrop value exceeding $120 million. Additionally, Gate Token (GT) grew by almost 300% in 2024, with the price reaching a historic high of $18.667 as of January 9, 2025. These indicators highlight Gate’s strong growth momentum.
Innovative products leading emerging markets with over $1 billion in trading volume
Gate continued to lead in product innovation in 2024, especially in the Memecoin space. By launching dedicated Pilot and MemeBox, the platform has attracted a large number of users into this emerging market. Since its launch, Pilot has listed over 500 Memecoin projects and achieved trading volume of over $1 billion. Additionally, a dedicated $50 million fund has been established to support the burgeoning meme coin market.
The platform has also strengthened its focus on the TON ecosystem. Through cooperation with Telegram, Gate introduced Gate Wallet Mini App and Mini App, which attracted many TON ecosystem users. These apps now have over 2.55 million and 1.4 million monthly active users, respectively, further strengthening Gate’s influence in the Web3 and blockchain ecosystems.
Quantitative investment has strong momentum and delivers excellent returns
Gate has made significant progress in quantitative investment. Launched in April, the quantitative fund has become an industry benchmark, attracting high-net-worth investors with its innovative low-risk, high-return strategy and flexible redemption mechanism. The fund achieved an annualized return of over 20% in its first year, outperforming the average for major platforms.
Gate’s USDT-based funds reported annualized returns of over 40%, while BTC-based funds achieved 25%. These impressive results have significantly strengthened institutional investor engagement, with spot trading volume increasing 4.4 times and contract trading volume increasing 1.63 times year-on-year. Broker Services also saw a 17x increase in trading volumes, reflecting increased demand for Gate’s institutional services and professional trading systems.
$9.566 billion in total reserves: Building trust through security and compliance
In 2024, Gate excelled in reserve performance and provided users with a robust security framework. The platform’s total reserves amounted to $9.566 billion, and the reserve ratio was 123.91%, an increase of 47.2% from the previous audit. Excess reserves increased by 68.89% to $1.846 billion, a record high, ranking second among major platforms. The reserve ratios of mainstream cryptocurrencies such as Bitcoin and Ethereum were 124.47% and 128.52%, 20 points higher than the industry average.
At the same time, Gate Entities continued to strengthen its compliance framework and aggressively advance its regulatory efforts across multiple geographies. With the acquisition of Coin Master, Gate Entities expands its compliance presence in the Asian market. The company successfully submitted its MiCA license application through the Malta platform and further strengthened its compliance presence in Europe with the acquisition of Cyprus licensing agency Sheer Markets. Additionally, Gate Entities has completed VASP registration in Argentina, advancing its compliance efforts in key global markets such as Gibraltar, Bahamas, Hong Kong, Singapore, and the Middle East, paving the way for future global expansion.
Financial innovation to meet diverse investment needs: Gate Earn Surge 185%
Gate has achieved significant milestones in financial innovation, particularly with its Gate Earn product line. Gate Earn’s daily funds increased by 185% to nearly 2 billion USDT. The platform added over 500,000 new users and grew 205% year over year. Supporting 832 tokens, Gate offers reward pools in USDT, BTC, ETH, and other major cryptocurrencies with up to 30% additional returns.
Gate continues to meet the diverse needs of its users, with 665 projects covering a total funding size of $18 billion. Innovative products such as on-chain staking, dual-currency investing, and GT mining provide even more flexibility in asset management and expand investment options.
Collaborate with industry leaders to drive innovation and growth
Gate has partnered with several industry leaders to drive blockchain innovation and ecosystem development. Collaborations include strategic partnerships with Elliptic and Chainaosis to strengthen compliance and security, $10 million investment in The Open Network (TON), and $100 million Web3 co-launched with Abu Dhabi Blockchain Center Includes Innovation Fund. Other partnerships focus on accelerating development, such as the Move ecosystem.
Gate has also strengthened its collaboration with global cloud providers to enhance the platform’s performance and security. Gate is actively investing in Web3 to drive blockchain innovation and ecosystem expansion, solidifying its position as a leader in the cryptocurrency industry.
Notably, Gate.io became Intel’s official sleeve sponsor, creating more market opportunities for the cryptocurrency sector.
Looking to the future: Deepening global markets and driving industry innovation
In 2024, Gate has strengthened its leadership in the global digital asset trading space through innovation-driven growth and a diversified ecosystem. With steady growth in transaction volume and thriving innovative business, Gate has demonstrated strong market competitiveness and industry influence.
Going forward, Gate will continue to embrace innovation as a driving force, deepening its focus on its core business, expanding into emerging markets, and advancing the development and application of blockchain technology. This platform aims to provide users with more diverse and high-quality products and services. At the same time, Gate will leverage technology to promote social progress and actively fulfill its social responsibilities.
Gate is committed to working with our users and global partners to continually enhance our products, optimize our services, give back to our community, and help build a secure, transparent, and open Web3 world.
