Odaily Planet Daily News According to the latest "Crypto Exchange Monthly Report" released by the crypto media CoinDesk, Gate has been listed on the report's highlight list and has become one of the fastest growing mainstream platforms in the global derivatives market. The report pointed out that Gate has performed well in the derivatives market, with contract trading volume in May up 69.9% month-on-month to $264 billion, ranking first in the world in terms of monthly growth. The contract market share also jumped to 4.13%, setting a new record for the platform, demonstrating the platform's market liquidity and user stickiness.
The report also pointed out that Gate's latest reserve report showed that the platform's total reserves have reached $10.453 billion, with a total reserve rate of 123.09%, of which the reserve ratios of core assets such as BTC, ETH, and USDT all exceeded 110%, further reflecting the platform's solid financial strength and all-round protection of user assets.
In addition, the report also specifically mentioned Gate's global brand cooperation with the F1 Red Bull Racing team, as well as the jointly launched Web3 digital collection project IN THE MOMENT.