According to official news, Gate released its 2024 annual report. In 2024, the number of platform users exceeded 20 million, and the annual transaction volume reached 3.8 trillion US dollars, a year-on-year increase of 120%. Among them, the spot transaction volume reached 1.8 trillion US dollars, and the contract transaction volume reached 2 trillion US dollars. In addition, the market value of the platform currency GT continued to break through historical highs.
According to the platform's annual report, in 2024, Gate launched the Innovation Zone and MemeBox, with a transaction volume exceeding 1 billion US dollars and more than 500 Meme coin projects online; the TON ecosystem was laid out, and the Gate Web3 Wallet on-chain assets exceeded 27 billion US dollars. In terms of institutional business, the annualized yields of its quantitative funds reached 40% (USDT standard) and 25% (BTC standard), and the institutional spot transaction volume increased by 4.4 times year-on-year. In terms of security and compliance, in 2024, Gate's total reserve value reached US$9.566 billion, with a reserve rate of 123.91%. At the same time, Gate Entities applied for MiCA licenses and obtained VASP certifications in multiple regions.
In addition, Gate cooperated with Inter Milan Club to become its official jersey sleeve sponsor. Gate officials stated that in 2025, it will deepen its global layout, continue to focus on emerging markets and cutting-edge product innovation, and further promote the development of the digital asset industry.