Gate releases 2024 annual report: transaction volume exceeds 3.8 trillion US dollars, number of users exceeds 20 million

PANews reported on January 14 that according to official news, Gate released its 2024 annual report. In 2024, the number of platform users exceeded 20 million, and the annual trading volume reached 3.8 trillion US dollars, a year-on-year increase of 120%. Among them, the spot trading volume reached 1.8 trillion US dollars and the contract trading volume reached 2 trillion US dollars. In addition, the market value of the platform currency GT has continuously broken through historical highs, and many data show the strong growth momentum of the Gate platform.

According to the platform's annual report, in 2024, Gate actively deployed a diversified ecosystem to promote the overall development of the platform. In terms of products, the Innovation Zone and MemeBox were launched, the transaction volume exceeded US$1 billion, and more than 500 Meme coin projects were launched; the TON ecosystem was deeply deployed, and the Gate Web3 Wallet's on-chain assets exceeded US$27 billion. In terms of institutional business, the annualized yields of its quantitative funds reached 40% (USDT-based) and 25% (BTC-based), and the institutional spot trading volume increased by 4.4 times year-on-year. In terms of security and compliance, in 2024, the total value of Gate's overall reserves reached US$9.566 billion, and the reserve rate was 123.91%. At the same time, Gate Entities actively promoted global compliance, applied for MiCA licenses, and obtained VASP certifications in multiple regions.

In addition, Gate actively promotes global strategic cooperation, joins hands with industry leaders to promote the development of blockchain innovation and ecology, and cooperates with Inter Milan Club to become its official jersey sleeve sponsor, opening up more markets and cooperation opportunities for the crypto industry. Gate officials said that in 2025, it will deepen its global layout, continue to focus on emerging markets and cutting-edge product innovation, and further promote the development of the digital asset industry.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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