PANews reported on November 18th that, according to CryptoRank's "October Crypto Exchange Report," Gate demonstrated strong growth momentum across several key metrics. The exchange's spot trading volume increased by 31% month-over-month, achieving a record high spot market share of 6.57%, firmly maintaining its position among the top three in the market. Futures trading volume climbed to $828 billion, further solidifying its status as a top exchange. The report also highlighted Gate's continued innovation capabilities, hosting 35 Launchpools in just two months, far ahead of the industry average. Gate's outstanding performance was also reflected in $3.3 million in rewards and a cumulative TVL of $2.9 billion, a 167% month-over-month increase, demonstrating its leading advantage in driving token listings and fostering community engagement.

Furthermore, Gate launched its high-performance Layer 2 network, Gate Layer, which surpassed 100 million wallet addresses within just two weeks of launch, becoming one of the fastest-adopted networks among CEX-affiliated blockchains. Simultaneously, Gate launched a decentralized perpetual contract exchange, whose trading volume quickly exceeded $1 billion after launch; and it launched the zero-code token issuance platform, Gate Fun, further expanding Gate's on-chain ecosystem. CryptoRank concludes that Gate's continued outstanding performance in Launchpool, futures trading, and blockchain integration makes it a key player in the next phase of exchange development and lays the foundation for its continued leadership in the future.