Global digital-asset trading platform Gate has published its third-quarter 2025 report, which shows that against a backdrop of market recovery and more stable regulation, the company leveraged product-structure upgrade and the deepening of its “All in Web3” strategy to deliver multi-dimensional growth in trading volume, ecosystem development, and global influence.
During the quarter, the platform’s registered user base exceeded 41 million, both derivatives and spot trading volumes hit record highs, its ecosystem products were comprehensively upgraded, and its technology and compliance systems further strengthened, securing its place among the world’s leading exchanges.
Trading Business Continues Strong Growth, With Record Performance in Derivatives and Spot Markets
In Q3, Gate’s trading volumes and market shares both reached new highs, as spot and derivatives businesses grew in tandem. Gate’s derivatives volume in July showed one of the top global month-on-month increases; in August, it surged nearly 100%, raising its market share to 10.1 %, the largest growth in the industry. The spot market likewise showed strong performance: from year-start the market share rose by 2.87 %, the highest among major exchanges; in September, the spot monthly trading volume grew 20.1 % month-on-month, lifting market share to 5.47 %, a new record.
This sustained trading activity is attributed to Gate’s comprehensive upgrades to its matching engine performance, market-making mechanisms, and institutional liquidity provisions, enabling it to maintain an edge in both high-frequency and professional trading scenarios. With escalating trading scale and international expansion, Gate has established a strong competitive moat among global exchanges.
Ecosystem Development Accelerates, Driven by Infrastructure and Product Innovation
On the ecosystem front, Gate formally launched its high-performance Layer 2 network, Gate Layer, during the quarter, marking a strategic infrastructure upgrade. Built on the OP Stack architecture, Gate Layer supports EVM compatibility and cross-chain interoperability, boasting over 5,700 transactions per second and low-cost operations, thereby offering a high-efficiency on-chain experience. As the unique gas token of the network, GT’s usage scenarios expanded, and its ecosystem value began reshaping.
Leveraging Gate Layer’s infrastructure, Gate unveiled two major innovation products: Gate Perp DEX and Gate Fun. Gate Perp DEX, a decentralized perpetual exchange, features high-performance matching and transparent on-chain clearing to deliver near-CEX trading experience. To date, its cumulative trading volume has exceeded $1 billion, demonstrating strong market momentum. Gate Fun, an on-chain token-launch platform, offers zero-code issuance and integrated trading to lower the barriers for creators and users entering Web3. Together, these two innovative products form the technological and ecological backbone of Gate’s decentralized expansion.
At the same time, Gate’s incentive programs, Launchpool, Launchpad, CandyDrop, and HODLer Airdrop, were upgraded, with user participation and on-chain activity reaching new highs. For example, Launchpool listed a total of more than 50 high-quality projects and distributed over $7.5 million in airdrops; Launchpad in Q3 saw total participants exceed 1 million. The systematic expansion of a diversified ecosystem is becoming a dual driver for Gate’s long-term growth and value accumulation.
In addition, Gate introduced a new financial certificate, GUSD, which has experienced rapid growth since its launch. As of September, the total minted amount has exceeded $230 million, making it one of the fastest-growing stable-yield products within the Gate ecosystem. Users can hold GUSD across Spot, Earn accounts, and Launchpool, and when they allocate GUSD into other investment products, they can enjoy both the GUSD yield and additional product returns, creating a layered income structure that maximizes earning potential.
Security and Compliance Strengthened, With Industry-Leading Reserve Ratios
On the security and compliance front, Gate maintains high operational standards. In Q3, the platform’s total reserves reached USD 12.02 billion, with a total reserve ratio of 123.98 %, covering over 400 asset types; the excess reserves rose to USD 2.32 billion, up 7.14 % quarter-on-quarter. These figures demonstrate Gate’s sustained strong asset security and transparency, consolidating the groundwork for user trust.
In addition, the platform’s compliance layout advanced steadily: Gate Group’s Malta-based company, Gate Technology Ltd, has obtained a MiCA licence from Malta’s MFSA, marking an important milestone in the group’s global compliance strategy. With licence approval in Malta, the platform has initiated the EU passporting mechanism and accelerated its expansion in the European region, aiming to become a leading crypto enterprise in that jurisdiction.
Financial and Institutional Services Drive Next-Generation Trading Systems
Gate’s wealth-management and institutional services achieved remarkable performance in Q3. Gate Earn recorded a daily average participation exceeding 360,000 users this quarter; the cumulative subscription amount surpassed USD 13 billion, with total assets reaching USD 3.143 billion, up 46.5 % quarter-on-quarter, a new historical high. “Hold-to-earn” features launched in on-chain yield products and dual-currency investments allowed spot assets to earn returns without lock-up, further expanding user asset-appreciation pathways.
On the institutional side, contract and spot trading volumes grew over 30% and 40% respectively quarter-on-quarter, and lending cumulative volume exceeded USD 10 billion. Gate also launched the industry’s first Web2/Web3 interoperable system, Gate SuperLink, bridging traditional finance and crypto-assets ecosystems and providing institutional clients with more efficient capital and asset-management solutions.
Brand and Community Growth Strengthen Gate’s Global Presence
In Q3, Gate continued to strengthen its global community and brand reach through online and offline initiatives, enhancing user engagement and brand recognition. Gate appeared as a diamond sponsor at GM Vietnam 2025 in Southeast Asia, strengthening ties with local communities and project partners. Gate was invited to attend Coinfest Asia 2025, building a bridge between local users, developers, and the global ecosystem. At the Tokyo WebX summit, Gate attended as the title sponsor, bringing multiple high-level talks and side-events and drawing wide industry attention.
Moreover, Gate hosted a VIP hospitality experience during the F1 Azerbaijan Grand Prix, bringing users and partners closer while showcasing the brand’s energy and innovative spirit. In philanthropic efforts, Gate Charity launched education and aid initiatives in Benin and Vietnam, under the motto “discover the missing, bring the care,” continuing the brand’s long-term commitment to social value.
Summary
Overall, Gate achieved systematic growth in Q3 2025 across trading operations, ecosystem building, security & compliance, and global strategy. The continuing rollout of the All in Web3 strategy and broad real-world application of diversified products mean the platform is progressively building a complete ecosystem covering trading, finance, infrastructure, and community development. This lays a solid foundation for the next stage of sustainable long-term growth. Looking ahead, Gate will continue to prioritise technological innovation and user trust, and push the crypto-finance ecosystem toward a more efficient, transparent, and inclusive future.
Access the full report here.
About Gate
Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 41 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions.
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Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.
