PANews reported on June 23 that according to the latest "Crypto Exchange Monthly Report" released by CoinDesk today, Gate has been listed on the report's highlight list with its outstanding performance, becoming one of the fastest growing mainstream platforms in the global derivatives market. The report pointed out that Gate has performed well in the derivatives market, with contract trading volume in May up 69.9% month-on-month to $264 billion, ranking first in the world in terms of monthly growth. The contract market share also jumped to 4.13%, setting a new record for the platform, fully demonstrating strong market liquidity and user stickiness.

As the world's first crypto asset trading platform that promises 100% reserve, Gate continues to lead the industry in asset transparency and user asset security. The report also pointed out that Gate's latest reserve report shows that the platform's total reserves have reached 10.453 billion US dollars, with a total reserve rate of 123.09%, of which BTC, ETH, USDT and other core asset reserve ratios are all over 110%. In addition, the report also specifically mentioned Gate's global brand cooperation with the F1 Red Bull Racing Team, as well as the jointly launched Web3 digital collection project IN THE MOMENT. In the future, Gate will continue to build a more open, secure and convenient crypto ecosystem with "innovation, compliance and professionalism" as the core.