According to CoinGlass data, the crude oil market experienced a short-term pullback, with WTI (XTI) and Brent (XBR) prices at $93.79 and $106.49 respectively. Gate performed exceptionally well in crude oil contract trading, ranking first across the entire network in both categories. Specifically, the 24-hour trading volume for XTI/USDT reached $11.02 million, a 26.99% increase compared to the previous period; the trading volume for XBR/USDT reached $10.38 million, a 58.55% increase compared to the previous period. Amidst increased oil price volatility, Gate's liquidity and trading activity advantages in the crude oil derivatives market continue to stand out. Amidst heightened oil price volatility, Gate's liquidity and trading activity in the crude oil derivatives market continue to stand out. In derivatives trading, Gate has pioneered crude oil contracts, creating its first commodity contract section covering XBRUSDT (Brent crude) and WTIUSDT (WTI crude) perpetual contracts. These contracts offer 24/7 trading, USDT settlement, and leverage up to 100x, enabling users to conduct cross-market asset allocation and strategy deployment during volatile market conditions. Furthermore, Gate TradFi offers trading access via both mobile app and web, comprehensively covering CFD trading services for silver, gold, forex, indices, commodities, and some popular stocks, supporting leverage up to 500x to meet the diverse trading needs arising from the integration of traditional finance and the crypto market.