Gate, a global digital asset trading platform, has released its Q3 2025 report. The report shows that against the backdrop of market recovery and more stable regulations, the company leveraged product structure upgrades and deepening of its “All in Web3” strategy to achieve multidimensional growth in transaction volume, ecosystem development, and global influence.
During the quarter, the platform’s registered user base exceeded 41 million people, both derivatives and spot trading volumes hit record highs, comprehensive upgrades to its ecosystem products, and further enhancements to its technology and compliance systems ensured its position as one of the world’s leading exchanges.
Trading business continues strong growth with record performance in derivatives and spot markets
In the third quarter, Gate’s trading volume and market share both reached new highs as the spot and derivatives businesses grew in parallel. Gate’s derivatives trading volume in July showed one of the highest monthly increases in the world. In August, it surged nearly 100%, lifting its market share to 10.1%, the industry’s largest growth. The spot market performed similarly well. Year-to-date, market share has increased by 2.87%, the highest among major exchanges. Spot monthly trading volume in September increased by 20.1% month-on-month, raising the market share to 5.47% and achieving a new record.
This sustained trading activity is due to comprehensive upgrades in Gate’s matching engine performance, market-making mechanism, and institutional liquidity provisions, allowing it to maintain its edge in both high-frequency and professional trading scenarios. With increasing trading volume and international expansion, Gate has established a strong competitive moat among exchanges around the world.
Infrastructure and product innovation accelerate ecosystem development
On the ecosystem front, Gate officially 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, boasts over 5,700 transactions per second and low cost of operation, providing a highly efficient on-chain experience. As the network’s unique gas token, GT’s usage scenarios expanded and the value of its ecosystem began to be reshaped.
Leveraging Gate Layer’s infrastructure, Gate announced 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 settlement, offering a trading experience close to CEX. Cumulative trading volume to date has exceeded $1 billion, indicating strong market momentum. Gate Fun, an on-chain token launch platform, offers zero-code issuance and integrated trading to lower the barrier for creators and users to enter Web3. Together, these two innovative products form the technical and environmental backbone of Gate’s decentralized expansion.
At the same time, Gate’s incentive programs Launchpool, Launchpad, CandyDrop, and HODLer Airdrop were upgraded, and user participation and on-chain activity reached new highs. For example, Launchpool has listed over 50 high-quality projects in total and distributed over $7.5 million in airdrops. In Q3, Launchpad reached more than 1 million total participants. The systematic expansion of our diverse ecosystem is becoming a dual driver of Gate’s long-term growth and value accumulation.
Additionally, Gate has introduced a new financial certificate, GUSD. It has grown rapidly since its inception. As of September, total mintage exceeded $230 million, making it one of the fastest growing stable revenue products within the Gate ecosystem. Users can hold GUSD across spot, earn accounts, and launch pools, and when they allocate GUSD to other investment products, they can enjoy both the yield of GUSD and additional product returns, creating a tiered income structure that maximizes their earning potential.
Strengthen security and compliance to achieve industry-leading reserve margins
Gate maintains high operational standards when it comes to security and compliance. In the third quarter, the platform’s total reserves reached $12.02 billion, with a total reserve ratio of 123.98%, covering more than 400 asset types. Excess reserves increased 7.14% sequentially to $2.32 billion. These numbers demonstrate Gate’s continued strong asset security and transparency, reinforcing the foundation of user trust.
Additionally, the compliance layout of the platform has steadily advanced. Gate Group’s Malta-based company Gate Technology Ltd has received a MiCA license from Malta’s MFSA, marking an important milestone in the Group’s global compliance strategy. With the license approval in Malta, the platform aims to launch the EU passport issuance mechanism and accelerate its expansion in the European region, becoming the leading cryptocurrency company in that jurisdiction.
Financial and institutional services drive next-generation trading systems
Gate’s Wealth Management and Institutional Services delivered impressive results in the third quarter. During the quarter, Gate Earn averaged more than 360,000 daily participants. Cumulative subscriptions exceeded US$13 billion, and total assets reached US$3,143 million, an increase of 46.5% from the previous quarter, setting a new record high. The “hold-to-earn” feature introduced in on-chain yield products and dual-currency investments allows spot assets to earn returns without lock-up, further expanding asset valuation paths for users.
On the institutional side, contract and spot trading volumes increased by more than 30% and 40% sequentially, respectively, with cumulative loan volume exceeding USD 10 billion. Gate also launched Gate SuperLink, the industry’s first Web2/Web3 interoperable system, bridging the traditional finance and crypto asset ecosystems to provide more efficient capital and asset management solutions to institutional customers.
Brand and community growth strengthens Gate’s global presence
In the third quarter, Gate continued to strengthen its global community and brand reach through online and offline efforts, increasing user engagement and brand awareness. Gate appeared as a diamond sponsor at GM Vietnam 2025 in Southeast Asia, strengthening collaboration with local communities and project partners. Gate was invited to Coinfest Asia 2025 to build bridges between local users, developers, and the global ecosystem. The Tokyo WebX Summit, with Gate in attendance as title sponsor, hosted multiple high-level talks and side events that captured the attention of the entire industry.
Additionally, Gate hosted a VIP hospitality experience during the F1 Azerbaijan Grand Prix, bringing users and partners closer together while showcasing the brand’s energy and innovative spirit. In its philanthropic activities, Gate Charity launched education and aid initiatives in Benin and Vietnam, continuing the brand’s long-term commitment to social value, with the motto “Find the missing and bring the care”.
summary
Overall, Gate achieved systematic growth across trading operations, ecosystem building, security and compliance, and global strategy in Q3 2025. The continued deployment of the All in Web3 strategy and the widespread real-world application of diverse products means that the platform is gradually building a complete ecosystem covering trading, finance, infrastructure, and community development. This creates a solid foundation for the next stage of sustainable long-term growth. Going forward, Gate will continue to prioritize innovation and user trust, driving the crypto financial ecosystem toward a more efficient, transparent, and inclusive future.
Access the full report here.
About the gate
Gate was founded by Dr. Han in 2013 and is one of the earliest crypto exchanges in the world. The platform offers over 3,600 digital assets to over 41 million users and pioneers the industry’s first 100% proof-of-reserve. Beyond core trading services, Gate’s ecosystem also includes Gate Wallet, Gate Ventures, and other innovative solutions.
For more information, please visit our website | X | Telegram | LinkedIn | Instagram | YouTube
Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Gate may restrict or prohibit certain Services in certain jurisdictions. For more information, please read the User Agreement at https://www.gate.com/user-agreement.
