PANews reported on October 10th that CoinDesk's latest monthly report shows that Gate's spot market share has seen the largest increase among major global exchanges since the beginning of the year, increasing by 2.87%. Gate's spot trading volume increased by 20.1% to $117 billion in September, a new annual high. Its spot market share increased by 1.35% month-over-month to a record high of 5.47%.
Gate also performed exceptionally well in the derivatives market. The report indicates that Gate's derivatives market share increased by 1.11% to 11.3% in September, ranking second globally after Coinbase International. This demonstrates strong market expansion and innovation. CoinDesk noted that Gate's simultaneous growth in both its core spot and derivatives markets reflects the continued effectiveness of its "All in Web3" strategy and further solidifies its leading position in the global crypto exchange landscape.
Recently, Gate's global registered user base has exceeded 40 million. The platform is actively promoting new business expansion, and has successively launched the second-layer network Gate Layer, the decentralized perpetual contract trading platform Gate Perp DEX, the on-chain launch platform Gate Fun, and the full-chain Meme coin real-time trading and monitoring platform Meme Go, continuously improving the ecological layout and enriching the practical path of the All in Web3 strategy.
Meanwhile, Gate's compliance footprint continues to expand. Recently, Gate Technology Ltd, a subsidiary of Gate, received a MiCA license under the supervision of the Malta Financial Services Authority (MFSA). Gate US has obtained 30 money transmitter licenses, with compliant operations covering 40 US jurisdictions. This expansion not only demonstrates Gate's commitment to advancing global compliance but also lays a solid foundation for its continued steady growth in diverse markets.
