[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/en202508181248170857473222.png) ## Overview With investor sentiment in the crypto market rebounding and mainstream assets rising across the board, Gate has achieved leapfrog growth across multiple dimensions—including user base, product portfolio, and trading activity—demonstrating strong growth momentum. Gate's global registered users have surpassed 34 million, while monthly derivatives trading volume climbed to $740 billion, up 46.5% month-on-month. Its market share rose to 11%, marking a yearly high and cementing Gate's position as one of the fastest-growing mainstream platforms globally. From a product perspective, Launchpad, Launchpool, and HODLer Airdrop all experienced explosive growth. Launchpad's single-round oversubscription rate reached 7,325.60%, while Launchpool attracted over one million participants, significantly boosting user engagement and strengthening platform stickiness within the ecosystem. Gate also expanded into innovative business lines, officially launching the tokenized stock section, xStocks, continuously upgrading core products such as Gate Wallet, and rolling out an upgraded VIP program with over 20 optimized exclusive benefits, further elevating the multi-dimensional user experience. In terms of governance and user protection, Gate burned over 1.9 million GT in Q2, bringing the cumulative burn to more than 60% of the total supply. Reserves reached $10.5 billion with a reserve ratio of 126.03%, underscoring the platform's high level of financial transparency and user trust. Overall, driven by a diverse product ecosystem, robust transparency measures, and strong ecosystem synergy, Gate has entered an accelerated growth phase, steadily consolidating its leadership in the global crypto market. ![](https://gimg2.gateimg.com/image/en01202508181248393004307445.png) ## Gate Highlights ### User Base and Futures Trading Hit Record Highs, Boosting Market Competitiveness In July 2025, multiple key metrics on Gate hit record highs, demonstrating strong growth momentum and heightened user activity. The trading volume achieved a significant year-over-year increase, driven by rising market sentiment, improved trading depth, and steady liquidity growth. Futures trading maintained its explosive growth trajectory, expanding its share and solidifying its role as Gate's core growth engine. Gate continues to lead the industry in growth rate and trading activity, making it a top destination for high-frequency and professional traders. With industry-leading execution efficiency, diverse products, and robust risk controls, Gate's futures trading has fostered strong user stickiness and sustained appeal. According to the latest data from CryptoRank, Gate's derivatives trading volume reached $740 billion in July, up 46.5% month-over-month, with market share climbing to 11%—the highest level this year—securing its place among the top global CEX derivatives markets. As one of the fastest-growing mainstream exchanges, Gate has demonstrated strong growth momentum and market appeal. Behind the rapid surge in trading volume lies comprehensive optimization in product liquidity, user composition, and market strategies: an accelerated rollout of new token futures, ongoing enhancements to VIP and market-making programs, further boosting core user retention and trading depth. Meanwhile, ongoing upgrades to trading infrastructure have strengthened matching efficiency and capital utilization, delivering a superior trading experience. Overall, Gate's performance in the derivatives sector has entered an accelerated growth phase, with market competitiveness steadily increasing. On the user growth front, Gate's global registered users surpassed 34 million, with significant year-on-year increases in new sign-ups driving higher trading activity and community growth. A faster token listing schedule and expanded asset coverage have enriched users' trading and allocation options. With efficient trade execution, leading product capabilities, and a strong liquidity foundation, Gate continues to reinforce its core advantages in the global crypto market, demonstrating long-term growth resilience and industry leadership. ## Ecosystem & Compliance ### Product Momentum Fuels Dual Growth in User Activity and Earnings In July 2025, Gate intensified efforts across multiple core product lines, driving comprehensive improvements in user experience and incentive effectiveness through feature iterations, mechanism optimizations, and upgraded operational strategies. Products such as Launchpad, Launchpool, HODLer Airdrop, and CandyDrop saw multiple enhancements in participation thresholds, reward mechanisms, and process transparency, resulting in simultaneous growth in user engagement and asset returns, with key metrics hitting new highs. **Launchpad Hits New High with Oversubscription Rate of 7,325.60%** In July, Gate Launchpad continued to demonstrate strong user enthusiasm and market recognition, further solidifying its position as a leading platform for project incubation. During the month, two new projects were launched, attracting nearly 40,000 participants. The target subscription amount for this round was $15 million, while the actual subscription surged to over $1.1 billion, resulting in an overall oversubscription rate of 7,325.60%, setting a new record for platform activity. This extraordinary figure reflects users' high trust in the platform's project selection process and highlights Gate Launchpad's professional and transparent approach to project quality, vetting mechanisms, and participant experience, continuously facilitating efficient connections between quality projects and global investors. **Launchpool Cumulative Airdrops Total Millions of Dollars with Peak APR Surpassing 4,500%** In July, Launchpool continued to deliver strong liquidity incentives, with user participation and project popularity rising in tandem. During the month, 21 new projects were launched, distributing millions of dollars in cumulative airdrop rewards, while the total staked amount approached $3 billion, showcasing Gate's robust capabilities in resource integration and asset empowerment. The NEKO project stood out with a peak annual percentage rate (APR) soaring to 4,509%, becoming a highlight of the month. Overall participation neared 300,000, reflecting users' strong endorsement of the platform's selection process, incentive design, and user experience, further solidifying Gate Launchpool's position as a leading asset growth platform in the industry. **HODLer Airdrop Activity Continues to Rise with Strong Growth in User Participation and Incentive Returns** In July, HODLer Airdrop maintained its upward momentum, setting new records in both user participation and incentive returns. Gate launched 20 new projects, driving a 47.61% month-on-month surge in cumulative airdrop rewards. Participant numbers exceeded 250,000, up 47.05% month-over-month. GT snapshot holdings reached nearly 70 million tokens, valued at approximately $1.184 billion, reflecting a 41.4% month-on-month growth. This robust response highlights the community's strong endorsement and active engagement with the "Hold GT, Receive Free Airdrops" mechanism. Regarding returns, the highest annual percentage yield (APY) project this month reached 78.74%, significantly enhancing user asset holding returns and further strengthening GT's long-term value proposition. **CandyDrop Mass Airdrop Momentum Continues, Prize Pool Exceeds $3.26 Million** In July 2025, CandyDrop Mass Airdrop maintained strong momentum, with 26 airdrop projects launched on the platform, attracting a total of 1.33 million participants. This reflects users' continued interest and recognition of the "participate-to-earn" mechanism. **Gate Officially Launched xStock Section With 8 Popular Listings** This month, Gate officially launched the xStocks section, debuting eight popular underlying tokens in its first batch: COINX, NVDAX, CRCLX, AAPLX, METAX, HOODX, TSLAX, and GOOGLX. The section supports 24/7 trading, 1–10x leverage and free on-chain transfers, offering global users a new way to invest in traditional strong-performing assets using USDT. As the first crypto platform to launch a tokenized stock contract market, Gate continues to lead the industry in integrating conventional and digital assets. **BountyDrop Sees High-Frequency Launches in July, Diverse Rewards Energize Users** In July, Gate Wallet's BountyDrop events maintained a high launch frequency, rolling out 11 on-chain airdrop events covering quality projects such as Caldera, Crypto Refugees, and Rhea Finance. The rewards came in diverse forms, including token distributions, bonus points, mystery box perks, and other interactive incentives that drove strong user engagement. Among them, the Golden Goose, Rhea Finance, and Crypto Refugees airdrops drew widespread attention. With its frequent releases, low entry barriers, and intuitive rewards, BountyDrop has become one of the main gateways for Gate users to easily engage with the Web3 ecosystem. **Gate Alpha Airdrop Rewards Total Millions of Dollars, User Engagement Upgraded** On July 29, Gate Alpha officially launched Gate Alpha Points Airdrop, a point-based system designed to establish a fairer and more transparent incentive mechanism based on users' asset holdings and trading activities on the platform. These points will serve as core participation credentials for future token generation events (TGE), Alpha airdrops, and other ecosystem benefits. Alongside the rollout of this key mechanism, the platform's overall operations demonstrated strong momentum. In July alone, over 400 tokens were listed, pushing the total number of listed projects beyond 1,200. Continuous improvements in user experience and asset liquidity drove steady growth in trading volume, with both the number of traders and total trading volume recording a month-over-month increase of over 20%. Meanwhile, the cumulative value of airdrop rewards distributed on the platform remained total millions of dollars mark, further strengthening user stickiness. **Gate Earn Expands Product Matrix, Simple Earn Cumulative Subscriptions Reach $3.8 Billion** In July, Gate Earn launched over 20 new wealth management products, further diversifying users' asset allocation options and driving significant growth in the platform's total assets under management. On the asset side, cumulative subscriptions to Simple Earn climbed to $3.8 billion, with net inflows exceeding $300 million in a single month—highlighting both growing market recognition and strong capital-attraction capabilities. Together, the expansion of the Gate Earn product matrix and the optimization of user incentive policies have fostered the healthy development of the wealth management ecosystem. **Gate Wallet Boosts User Experience with Dual-Track Ecosystem and Operations Upgrades** In July, Gate Wallet continued its product iteration, integrating popular on-chain applications such as Bidask, 1DEX, Rhea Finance, Simpfor.fun, and Upscale, thereby expanding decentralized service scenarios. On the operations side, the platform rolled out a variety of targeted campaigns, including the xStocks first-trade rewards pack, BNB Chain meme coin trading carnival, Ethereum monthly closing price prediction, and XRP deposit-and-trade double rewards. By combining product expansion with multi-dimensional operational strategies, Gate Wallet has strengthened user engagement and interaction depth, demonstrating how ecosystem infrastructure upgrades can translate into an improved user experience. **Gate VIP Upgrade Unlocks 20+ Exclusive Benefits, Elevating Premium Service Network** In July, Gate officially launched its VIP program revamp, upgrading over 20 exclusive benefits across five major areas—trading, investment, fiat, customer service, and brand privileges. Highlights include spot trading fee discounts of up to 75%, multiple perks for futures and lending services, an on-chain withdrawal limit raised to 20 million USDT, and up to 400 subaccounts. In terms of specific events, the VIP Exclusive Airdrop Carnival was a major benefit prepared by Gate VIP services for VIP users in July. The event not only strengthened the connection between the platform and its core users but also boosted overall platform activity and market competitiveness. Moving forward, Gate will continue to launch more curated asset airdrops and customized VIP-exclusive benefits. ### GT Ecosystem: Over 180 Million GT Burned, Deflationary Mechanism Advances Gate continued to advance GT's deflationary mechanism. In July 2025, the platform burned 1,922,789.196841 GT (worth approximately $39.01 million) for Q2 2025. This reinforces Gate's long-term commitment to its tokenomics and further enhances GT's scarcity. To date, a total of 180,555,112 GT—about 60.18% of the initial supply—has been burned, with an aggregate burn value of roughly $2.748 billion. As the core asset of the Gate platform ecosystem, GT has been subject to an active deflationary mechanism since the launch of the GateChain mainnet in 2019. High-frequency burns effectively reduce supply and enhance the token's intrinsic value. The ongoing and predictable burning system, coupled with GT's broad utility across governance, platform services, and product usage, further consolidates its value foundation and medium- to long-term growth prospects. Gate will continue to rigorously execute the established burn program in compliance with regulatory requirements, thereby enhancing both the scarcity and ecosystem influence of GT. ![](https://gimg2.gateimg.com/image/en02202508181249380128917286.png) ### Rising Reserve Levels: Enhancing Financial Strength and Transparency Gate's reserve fund continues to grow steadily, further demonstrating the platform's robust financial strength and strong commitment to transparency. As of July 2025, Gate's total reserves reached $10.504 billion, maintaining an impressive overall reserve ratio of 126.03%. Excess reserves grew 10.66% month-over-month to $2.17 billion, sustaining industry-leading positions. Meanwhile, as of the latest data released on August 8, 2025, Gate’s total reserves have further risen to USD 12.02 billion, with a total reserve ratio of 123.98%, demonstrating that the platform continues to strengthen its overall financial strength while maintaining a high reserve ratio. Core digital assets including BTC, ETH, and USDT maintain robust reserve ratios of 144.40%, 123.71%, and 116.23% respectively. Popular assets including GT, DOGE, and XRP substantially exceed the 100% benchmark with reserve ratios of 156.81%, 109.42%, and 115.52% respectively. Gate continues to honor its public reserve and third-party audit commitments through cutting-edge zk-SNARK zero-knowledge proofs, Merkle tree structures, cold and hot wallet ownership verification, and regular user asset snapshots, establishing a trusted and verifiable asset security architecture. Users can verify in real-time whether their assets are fully covered by reserves through the official verification portal, further demonstrating Gate's commitment to transparency, security, and verifiability. ![](https://gimg2.gateimg.com/image/en03202508181249551555703272.png) ## Community Building and Brand Activities Gate continues strengthening community engagement and brand influence through innovative initiatives and strategic partnerships. From the highly anticipated second season of "Gate Red Bull Racing Tour", inspired by F1 elements, to Gate Square's "Spark Recruitment Program", which has welcomed over a thousand KOLs, Gate is comprehensively energizing its content ecosystem and trading activity, building an increasingly cohesive, active, and influential global user community. ### Gate Launches "Gate Red Bull Racing Tour" Season 2: Driving the Trading Competition Craze at F1 Speed In July 2025, Gate officially launched the second season of "Gate Red Bull Racing Tour" campaign, once again drawing inspiration from F1 racing to bring F1‑level speed and strategic edge to crypto trading. This comprehensive campaign encompasses both spot and futures trading, featuring an impressive prize pool of 20,000 GT tokens and offering exclusive F1 Grand Prix tickets to leaderboard champions. The innovative structure rewards active participation—the more users trade, the larger the prize pool grows, with spot trading enjoying a 1.5× bonus to attract both newcomers and seasoned participants. Three leaderboards combined with bounty tasks comprehensively evaluate users' capabilities across trading volume, ROI, and task activity. According to official data, season 1 attracted over 40,000 participants with total trading volume exceeding $13.3 billion USDT, generating unprecedented market enthusiasm. Season 2 continues delivering immersive trading competition experiences through exclusive newcomer benefits and attractive sharing incentives while strengthening the brand storytelling synergy between Gate and Oracle Red Bull Racing in F1, continuously enhancing user engagement and brand appeal. ### Gate Square's "Spark Recruitment Program": Over 1,000 KOLs Onboarded, Driving a Vibrant Content Ecosystem Since launching the "Spark Recruitment Program," Gate Square has experienced an exceptional creator onboarding surge, with over 1,000 KOLs now officially participating as the Gate content creators. The thriving content ecosystem spans comprehensive on-chain analysis, market research, trending interpretations, NFTs, GameFi, and multiple specialized sectors, creating a diverse, professional, and highly active content matrix. As a flagship content section prominently featured on Gate App's homepage, Gate Square reaches over 3 million daily active users, progressively establishing itself as the premier platform for Web3 creators to share professional insights, demonstrate expertise, and build influential personal brands. Creators joining the "Spark Recruitment Program" enjoy substantial cash incentives, exposure bonus, exclusive verification badges, and numerous other benefits, while Gate continues optimizing sophisticated content distribution mechanisms to ensure quality content reaches broader, more engaged audiences. ## Workplace Transparency Report ### Gate Releases Q2 2025 Workplace Transparency Report: Diverse Talent Architecture Powering Global Expansion Vision Gate released its Q2 2025 workplace transparency report, thoroughly presenting the company's current achievements in talent composition, compensation system, career development mechanisms, and corporate culture. The detailed report reveals that 42% of Gate's employees are aged 30-39, while 57% hold degrees from top-tier universities worldwide, and 8% possess doctoral degrees. Over 40% of employees bring expertise from Web3, Finance, and AI sectors, fully demonstrating Gate's long-term commitment to building diverse, multidisciplinary teams capable of driving innovation. In terms of compensation, over 80% of employees consider their income at or substantially above industry standards. The report also indicates continuous improvement in employee participation across internal growth programs: 53% have actively participated in Gate Academy training or international rotation programs, while 22% have achieved meaningful career advancement through the prestigious "Elite Expert Growth Path". Gate upholds an inclusive and diverse workplace culture, receiving high recognition from 85% of employees. This cultural environment has contributed to an employee retention rate 3.2 times higher than the industry average. Notably, 60% of employees actively participate in brand advocacy, reflecting strong alignment with and commitment to Gate's long-term mission. ## Education, Research, and Media Influence ### Gate Learn: On-Chain Data Driving Trend Forecasting, Advanced Courses Empowering User Knowledge Transformation In July 2025, the Gate Learn continued producing hundreds of high-quality research reports covering core sectors including stablecoins, public chains, DeFi, GameFi, and AI, precisely capturing market evolution trends. Through on-chain data tracking and ecosystem model analysis, it provides investors with practical trend prediction frameworks while upgrading advanced course systems. July's releases including "Introduction to Zero-Knowledge Coprocessors", "Bitcoin Layer 2 Fundamentals", and "Crypto Data Availability and Private Rollup Technology Stack Introduction", comprehensively address user knowledge requirements, building capability transformation channels from theoretical understanding to trading practice. Gate Learn continues deepening open knowledge community development, using professional content ecosystems to help users capitalize on blockchain industry transformation opportunities. ### Gate Research: Building an Alpha Investment Strategy Framework, In-Depth Analysis of New Opportunities in Crypto-Equity Correlation In July 2025, Gate Research continued expanding research boundaries and deepening analytical granularity, further strengthening advantages in data analysis and product interpretation. This month, the research team focused on regulatory policies, on-chain metrics, and quantitative strategies, producing multiple reports while enhancing real-time tracking and interpretation of market events and crypto-listed companies, building alpha yield capture systems and strategy optimization frameworks for users. Simultaneously, addressing the recent "stock-crypto correlation" trend, Gate Research released multiple related reports in July. "Arbitrage and Investment Prospects Amid the Rise of Stock Tokenization" explores current market arbitrage and investment opportunities alongside associated risks, detailing different arbitrage logics, operational processes, and potential limitations. "The Dual Relationship Between Listed Companies and Cryptocurrencies" examines demands from Digital Asset Treasury (DAT) companies and crypto project teams. Additionally, in the PayFi sector, Gate Research released "Beyond DeFi Summer—Is PayFi Summer on the Horizon?" exploring whether PayFi narratives possess the potential to trigger new on-chain financial trends. These reports provide professional insights for investors, and Gate Research will continue producing high-quality research content, establishing a premier crypto industry think tank. ### Media Impact: Gate Derivatives Market Share Hits New High for 7th Consecutive Month, Ranking Just Behind Binance on CoinDesk In July, leading media outlet CoinDesk released its *Monthly Crypto Exchange Report*. The report highlighted that Gate’s derivatives market share rose by 1.01% month-over-month to 5.14%, ranking second globally in terms of growth, just behind Binance. This marks Gate’s seventh consecutive month of growth, setting a new annual high. Since the beginning of the year, Gate has emerged as the top growth leader in the derivatives market share. As one of the best-performing exchanges, Gate recorded the smallest decline in derivatives trading volume among the many platforms connected to the CoinDesk Data API, demonstrating strong resilience. Measured by both trading volume and open interest, Gate now firmly ranks among the world’s top five derivatives exchanges, surpassing competitors such as Hyperliquid, CME, and Coinbase International. CoinDesk also highlighted Gate’s recent innovations, especially the launch of the world’s first tokenized stock contracts market — the xStocks section. CoinDesk commented: *“xStocks is not just a functional upgrade; it reflects Gate’s mission to deeply integrate traditional finance with blockchain and reshape cross-border investment methods.”* This recognition comes as Gate’s user base surpassed 32 million, with CoinDesk also acknowledging its growing influence in international markets. ## Charity and Social Responsibility ### Gate Charity "Fashion for Impact" Workshop: Attracts Over 100 Youth, Awards 10 Full Scholarships On July 26, 2025, Gate Charity partnered with local fashion professionals to host a "Fashion for Impact" workshop in Benin. The event attracted over 100 participants, including aspiring fashion industry designers and youth with disadvantaged backgrounds. Through expert-led sessions, hands-on demonstrations, and industry experience sharing, participants gained deep insights into core fashion design and tailoring knowledge and development opportunities. As part of its charitable commitment, Gate Charity awarded full scholarships to 10 disadvantaged youth, supporting their entry into professionally certified fashion training programs. This initiative not only opened new career development pathways for them but also demonstrated Gate Charity's unwavering mission to empower youth through creative education and vocational training. ## Conclusion Overall, July 2025 represents a pivotal moment of multi-dimensional advancement for Gate. Gate not only successfully achieved breakthroughs in global user scale but also made historic progress in core business areas: derivatives trading volume reached $740 billion with market share climbing to 11%, setting a yearly high and firmly establishing its position among global leading exchanges. In ecosystem development, business lines including Launchpad and Launchpool experienced comprehensive growth, significantly enhancing user engagement and platform stickiness through record oversubscription rates and substantial incentive returns. Simultaneously, Gate officially launched the tokenized stock section xStocks and initiated VIP system renewal plans, further expanding user asset allocation scenarios and marking important steps toward product diversification. These outstanding achievements stem from Gate's long-term commitment to technological innovation, regulatory compliance, professional operations, and user value creation. Looking ahead, Gate will leverage its strong growth momentum to deepen global ecosystem development, consolidate its leading position in the crypto industry, and continue building a safer, more efficient, and vibrant digital asset ecosystem for users worldwide. **About Gate** Gate, founded in 2013 by Dr. Han, is one of the world's earliest cryptocurrency exchanges. The platform serves over 35 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, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter. For more information, please visit: 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 investment decisions. Gate may restrict or prohibit all or part of its services for users from restricted regions. For more information, please read the User Agreement via: https://www.gate.com/user-agreement.
Gate Team August 18, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate July 2025 Transparency Report: Accelerating Leadership in the Global Crypto Landscape