Gate released its Q3 2025 report. This quarter, with platform users exceeding 41 million, Gate not only achieved comprehensive growth in trading volume and product ecosystem, but also continued to provide users with stable and frequent asset returns. Contract and spot trading volumes reached new highs. Gate's derivatives trading volume ranked among the top three globally in terms of month-over-month growth in July, and its market share jumped to 10.1% in August, the highest increase in the industry. Spot market trading volume increased another 20.1% in September, bringing its market share to a record high of 5.47%, solidifying its position as a leading global exchange. Gate's institutional business also saw significant growth, with institutional contract and spot trading volumes increasing by over 30% and 40% month-over-month, respectively. Its lending business achieved over $1.7 billion in collateralized lending in Q3, exceeding $10 billion in its history. Leveraged lending volume increased by nearly 35% month-over-month, with a 99.9% surge in first-time borrowers. Overall, the continued rise in transaction data in the third quarter of 2025 demonstrates Gate's outstanding performance in attracting users and increasing market share. During the third quarter, Gate's various wealth management products and four new products performed exceptionally well, reaching record highs in user engagement, on-chain activity, and fund size. Yubibao launched over 75 new projects in the third quarter, with an average daily participant count exceeding 360,000 and cumulative subscription volume exceeding $13 billion. Total funds reached $3.143 billion, a 46.5% increase month-over-month, a new all-time high. The total funds in the on-chain coin earning sector also continued to rise, increasing by 70.2% month-over-month. This quarter, Gate officially launched its coin-holding interest-earning product, allowing users to automatically earn income on their spot positions without locking up their positions, ensuring flexible funding. Furthermore, the platform's total reserves reached $12.02 billion in the third quarter, with a total reserve ratio of 123.98%, firmly ranking first in the industry. In the third quarter, Gate relied on secure fund management and continuously innovative financial management and investment products to provide users with more stable returns and a wealth of financial management options.