PANews reported on April 8th that, influenced by expectations of easing geopolitical tensions between the US and Iran, risk appetite in the cryptocurrency market has rebounded significantly, leading to increased trading activity in mainstream asset derivatives. According to CoinGlass data, Gate.com showed strong performance across several key metrics: total ETH holdings reached $4.15 billion, a 14.72% increase month-over-month, ranking second globally; total BTC holdings reached $4.221 billion, a 6.58% increase month-over-month, maintaining its position among the top three globally. Furthermore, Gate.com's total contract holdings reached $9.622 billion, also ranking among the top three globally.

With geopolitical risks easing in stages, market funds are more willing to allocate to risky assets, driving a simultaneous increase in the trading volume and open interest of mainstream crypto asset contracts.