Gate founder: Platform reserve fund will exceed 10 billion US dollars in 2024, GT reaches a record high

PANews reported on January 1 that according to official news, Gate.io founder and CEO Han Lin posted on the X platform, reviewing the key achievements in 2024. The number of active users on the platform exceeded 20 million, an increase of 50%; the platform reserve exceeded 10 billion US dollars, achieving a 200% increase. The platform currency GT reached a record high in Q4, with a market value increase of 300%. Startup sent out a total of 33.49 million US dollars in airdrop rewards throughout the year, and Yubibao brought 100 million US dollars in interest to financial management users.

It is understood that Gate Web3 Wallet also performed well, with more than 54 million new wallet addresses, 30 times that of 2023; the total on-chain assets exceeded US$27 billion, and the Swap/Dex transaction volume exceeded US$32 million, further expanding Gate.io's market share in the Web3 field.

Han Lin said that Gate.io's continuous innovation is the biggest difference between it and other exchanges, especially in the field of social trading. By launching social functions such as live broadcast and square, Gate.io has become one of the largest social traffic platforms in CEX.

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Author: PA一线

This content is for market information only and is not investment advice.

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