Home Blog

Gate’s Nearly 70% MoM Growth in Derivatives Volume Tops Global Charts, Featured in CoinDesk’s Latest Report

0
Gate’s Nearly 70% MoM Growth in Derivatives Volume Tops Global Charts, Featured in CoinDesk’s Latest Report

June 23, Panama – Gate has once again demonstrated its strong momentum and competitive edge in the crypto trading landscape, as highlighted in CoinDesk’s latest 2025 Exchange Review. The report, recognized as one of the most authoritative and data-driven assessments in the industry, named Gate as the best-performing derivatives exchange by month-on-month growth.

According to CoinDesk Data, Gate’s derivatives trading volume surged by 69.9% in May, reaching $264 billion, the highest growth rate among all tracked platforms. This exceptional performance led to a 1.20% increase in market share, bringing Gate’s total derivatives market share to 4.13%, surpassing several long-established competitors. This milestone reinforces Gate’s position as a rising leader in the derivatives space, driven by its advanced trading infrastructure, deep liquidity, and commitment to providing a seamless user experience for both retail and institutional users.

CoinDesk also noted that Gate was among the few exchanges that significantly climbed in the latest Exchange Benchmark rankings, alongside Binance and Kraken. Gate now ranks among the top three exchanges in the Derivatives Benchmark, scoring 82.6. Gate’s continued growth reflects its long-term strategy of innovation, product diversification, and global expansion. As one of the few exchanges to consistently grow both trading volume and market share, Gate is proving its ability to thrive in a competitive, evolving market environment.

In addition to its trading performance, CoinDesk also recognized Gate as one of the top four global exchanges by total reserves. As of June 2025, Gate’s reserves reached $10.453 billion, covering more than 350 different user assets. The overall reserve ratio stood at 123.09%, with an excess reserve of $1.96 billion. Gate has long been a pioneer in reserve transparency and remains the first exchange to commit to 100% reserve holdings. Notably, its BTC reserve ratio reached 138.7%, while ETH and USDT reserves stood at 113.06% and 112.95% respectively. Other key assets such as GT, DOGE, and XRP also far exceeded the 100% benchmark, reinforcing Gate’s reputation for financial soundness and user protection. From being one of the first to commit to 100% reserves to introducing zero-knowledge proofs, Gate has consistently driven innovation at the intersection of technology and security.

According to the CoinDesk report, Gate’s industry influence has also expanded through its high-profile partnership with Oracle Red Bull Racing. Beginning with the 2025 Formula 1 season, the Gate brand is featured prominently on the team’s car, race suits, and the helmet of four-time World Champion Max Verstappen. The partnership represents a bold cross-industry collaboration that blends the speed and precision of Formula 1 with the innovation and momentum of Web3. To commemorate this alliance, Gate launched a co-branded digital collectibles campaign, “IN THE MOMENT”, celebrating historic highlights from all 24 race weekends with immersive, on-chain experiences. This marks a flagship entry into sports-themed digital assets and further exemplifies Gate’s commitment to bridging Web2 and Web3 culture.

May was also a landmark month in Gate’s brand evolution. The exchange officially launched its new global domain, Gate.com, and unveiled a redesigned brand logo, marking a significant milestone in its journey to become the next-generation crypto exchange. This strategic rebranding initiative, introduced shortly after Gate’s 12th anniversary celebrations, reflects the platform’s renewed vision: to move beyond technical excellence and into global innovation leadership. As part of this transition, Gate also introduced its new Chinese name, “大门” (Damen), symbolizing a welcoming gateway to the future of crypto for users worldwide. The new domain and visual identity aim to unify Gate’s global brand presence and further enhance user trust across all markets.

Gate’s strong performance across multiple metrics in the report, combined with sustained growth in trading volume, industry-leading reserve transparency, a revitalized global brand identity, and an expanding global presence, solidifies its position as one of the most trusted and forward-looking players in the crypto industry. CoinDesk’s latest recognition underscores Gate’s remarkable achievements and reinforces its commitment to shaping the future of digital finance as a true industry leader.

About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube


Media Contact:
Loyo at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

Octaloop Rolls Out India Blockchain Tour 2025: Eight-City Series to Showcase India’s Web3 Strength

0
Octaloop Rolls Out India Blockchain Tour 2025: Eight-City Series to Showcase India’s Web3 Strength

New Delhi, India – 17 June 2025 – Octaloop, one of India’s most established crypto-native communities, has announced the return of the India Blockchain Tour (IBT) for its fourth edition in 2025. Spanning eight major cities-from Hyderabad on 28 June to Bengaluru on 30 November-IBT 2025 will culminate in New Delhi with the flagship Metamorphosis 2025 summit on 27–28 September. The series aims to serve as a platform for cross-sector collaboration and Web3 acceleration in India.

“India doesn’t need to catch up – it’s ready to lead,” said Anupam Varshney, Founder, Octaloop. “IBT 2025 will amplify India’s Web3 voice, connect global projects with local innovators, and showcase our rapidly growing ecosystem to the world.”

A Comprehensive National Initiative for Web3

IBT 2025 will travel through Hyderabad, Ahmedabad, Kolkata, Goa, Mumbai, Chennai, Bengaluru, and New Delhi. Each tour stop will include:

  • Fireside conversations with top crypto exchange executives and blockchain founders
  • Policy sessions featuring key government and regulatory voices
  • Founder showcases and workshops designed for hands-on learning and product exposure
  • Immersive, multilingual brand activations focused on engaging regional communities

Global Exchange Leaders Back the Tour

Support from three leading crypto exchanges emphasizes the event’s international credibility and reach.

Bybit, as a Title Sponsor, signals its strong interest in the Indian market. “By partnering with the India Blockchain Tour 2025, we reaffirm our long-term commitment to empowering India’s crypto community through education and builder support,” said Vikas Gupta, Head of India at Bybit.

MEXC, also a Title Sponsor, believes in India’s creative and technical strength. “India is bursting with creativity, resilience, and energy,” said Tracy Jin, COO of MEXC. “Through IBT 2025 we will connect with talented developers, share global insights, and help foster an inclusive, thriving blockchain future.”

Bitget, the Powered By Sponsor, is focused on long-term ecosystem growth. “India is a marathon, not a sprint,” stated Jyotsna Hirdyani, Head of South Asia at Bitget. “We’re investing in grassroots Web3 communities, nurturing founders, and building secure, AI-powered tools to serve India’s next wave of users.”

Metamorphosis 2025: Web3 at the Capital’s Core

After three years in Bengaluru, the Metamorphosis summit makes its debut in New Delhi. Day one of the summit will feature closed-door roundtables that provide startups and investors access to key insights from regulators and policy architects.

Following this, the summit will present curated showcases of India’s top DeFi, enterprise, and gaming projects. Demo Day will put rising startups in front of high-profile investors, while personalized networking will help forge partnerships and capital flow.

Get Involved

Partnerships, press access, speaker applications, and sponsorships are now open.

Learn more: octaloop.com/indiablockchaintour/

Contact: [email protected]

TG: @GvOctaloop

About Octaloop

Founded in 2020, Octaloop began as local crypto meetups in Delhi and has grown into India’s premier Web3 event and community platform. Through initiatives like IBT and Metamorphosis, Octaloop helps bridge international blockchain innovation with India’s rapidly scaling builder ecosystem.

More: octaloop.com/events

Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration

0
Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration

June 20, Panama – Gate, a global leader in cryptocurrency trading, has released its May 2025 Transparency Report, revealing remarkable growth across key business indicators. Amid improving market sentiment and a maturing regulatory landscape, the platform recorded historic highs in trading volume and user activity, accelerated brand globalization efforts, advanced compliance achievements, and further expanded its Web3 ecosystem.

Trading Volume and User Base Hit New Milestones

In May 2025, Gate saw a substantial year-over-year increase in total trading volume, driven by strong performance in both spot and futures markets. Futures trading, in particular, has become a primary growth engine for trading activity. Gate now ranks second globally in 24-hour spot trading volume, reinforcing its position among the world’s leading exchanges.

The platform’s user base surpassed 27 million registered users, reflecting continued global momentum and growing brand influence. Meanwhile, Gate Earn has seen explosive growth, now supporting nearly 1,000 digital assets with $2 billion in total assets under management. Its Dual Investment product now supports 60 tokens, and remains one of the most popular structured finance offerings on the market.

This month, Gate was also honored with the “Best Crypto Exchange 2025” award by Entrepreneur Middle East, recognizing the platform’s excellence in user protection, operational stability, and regulatory compliance.

Global Brand Revamp: New Domain Gate.com and New Logo Launched

On May 19, Gate officially launched its new domain, Gate.com, alongside a redesigned logo, marking a bold step forward in its global rebranding strategy. This upgrade unifies visual identity across global operations and enhances international recognition and user trust. The rebrand coincides with Gate’s vision of becoming the “Next-Generation Crypto Exchange”, a platform at the intersection of global compliance, user-centric design, and Web3 innovation.

The rebranding covers all Gate entities globally, including licensed operations in Japan, Dubai, and Europe, delivering a consistent and professional brand presence worldwide.

Product Ecosystem Expansion Drives Growth in User Engagement and Assets

In May, Gate’s continuous product innovation led to a significant boost in its platform ecosystem. The relaunch of Launchpad sparked market excitement, with the debut project Puffverse (PFVS) oversubscribed by more than 93,800%, attracting 35,000 participants and raising $656 million. Gate Alpha, focusing on meme asset trading, launched hundreds of projects in May, distributed over $1 million in airdrops, and generated billions in trading volume. Launchpool introduced nearly 20 new projects, distributed over $3 million in rewards, and peaked at over 1,000% annualized returns. HODLer Airdrop launched nearly 30 projects, attracted more than 170,000 participants, distributed over $800,000 in rewards, and saw over $38 million in total staking volume. CandyDrop launched nearly 20 airdrop campaigns, drawing over 500,000 participants with a prize pool close to 3 million USDT. The synchronized growth of these core product lines demonstrates Gate’s leading edge in product innovation and user attraction.

Accelerating Asset Transparency and Compliance Leadership, Reserve Ratio Reaches 128.57%

As of May 2025, Gate’s total reserve assets reached $10.865 billion, with an impressive reserve ratio of 128.57%, far exceeding the 100% industry benchmark. BTC, ETH, and USDT reserves all maintained surplus coverage, with BTC reserve ratio at 137.69%. These figures reflect Gate’s long-standing commitment to transparency and financial strength.

On the compliance front, Gate Technology FZE, a part of Gate, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate’s global compliance strategy.

Expanding Web3 Culture with Brand Campaigns and Global Events

In May, Gate intensified its brand presence through multiple high-profile events. Gate 12th Anniversary Global Celebration concluded in Dubai, where CEO Dr. Han outlined the vision of Gate as the next-generation crypto exchange. SPORT3 DUBAI 2025 united Web3 and sports through cross-industry activities. Gate hosted global KOLs at Inter Milan’s home stadium and celebrated Bitcoin Pizza Day with custom pizza deliveries to users and partners. At the Formula 1 Monaco Grand Prix, Gate CBO Kevin Lee represented the brand in collaboration with Oracle Red Bull Racing. Gate’s NFT drop with Red Bull Racing exceeded 1 million mints, engaging over 200,000 participants. Yann Sommer, Serie A champion and Inter‘s goalkeeper, joined as a Gate Friend, symbolizing the platform’s commitment to asset security.

Promoting Education, Research, and Social Responsibility, Demonstrating Platform Impact

In May, Gate continued to make strides in educational outreach and social responsibility. Gate Learn released educational content and courses covering trending topics such as DeFi, RWA, and AI, helping users systematically enhance their understanding. Gate Research deepened its efforts in policy interpretation and market analysis, strengthening its expertise in critical areas like meme coins, public chains, and ETFs. During the same month, Gate Charity partnered with Forum Animal to launch a public welfare campaign in São Paulo, Brazil, calling for an end to animal testing and promoting global awareness around animal welfare and ethics, demonstrating the platform’s enduring commitment to sustainable values.

A New Chapter Begins, Advancing Toward Industry Leadership

May 2025 marks a pivotal chapter in Gate’s journey. With a newly unified brand identity, record-breaking business growth, and deeper integration across product, compliance, and community initiatives, Gate is accelerating its path toward becoming a truly global, next-generation crypto platform.

As the company moves beyond its 12th anniversary milestone, Gate remains committed to innovation, compliance, and user empowerment, opening the gate to a more open, secure, and sustainable Web3 future.

About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube

Media Contact:

Loyo at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

The Top 2 Crypto Casinos Compared: InstantCasino.com vs. CoinCasino.com

0
The Top 2 Crypto Casinos Compared: InstantCasino.com vs. CoinCasino.com

 1. InstantCasino.com – Classic, Fast, but with minor Drawbacks

Strengths:

  • Huge selection of games: Over 3,000 titles from top providers like Evolution, Pragmatic Play, NetEnt, Red Tiger, and more.

  • Attractive bonuses: 200% deposit bonus up to EUR 7,500 + 10% weekly cashback, no bonus codes required.

  • Fast withdrawals: “Instant payouts” for crypto; card and e-wallet withdrawals processed within 24-48 hours.

  • Multicurrency support: Accepts cryptocurrencies such as BTC, ETH, LTC, USDT, USDC, DOGE, XRP, and more.

  • Mobile-first design: Optimized for mobile use without requiring an app.

  • Responsible gaming tools: Deposit limits, loss limits, and self-exclusion options.

Weaknesses / Risks:

  • Less Games (only 3,000) available 

2. CoinCasino.com – The Crypto Vanguard and Clear Future of Web3 Gambling

Why CoinCasino stands out:

  • Modern & decentralized: Full Web3 integration and complete user control.

  • Unique Telegram casino: Register, deposit, play, and withdraw directly via Telegram – extremely convenient.

  • Massive game variety: Over 5,000 games, including live dealers, sports betting, esports, and even crypto horse racing.

  • Security & transparency: CertiK audited and backed by a strong crypto community.

  • Future-focused roadmap: Launched in late 2024 with continuous feature rollouts and growth-oriented tokenomics.

Minor limitation:

  • Crypto-focused: No fiat payment options; the platform targets a Web3-savvy audience.

Conclusion: CoinCasino Leads the Way for Crypto Enthusiasts

While InstantCasino.com provides solid entertainment and bonuses for classic casino fans with a crypto interest, CoinCasino.com is the forward-looking platform for those wanting to combine gaming and Web3. If you’re curious about innovation, reward systems, and a platform built for the future, CoinCasino.com is worth exploring.

Comparison Table

Criteria InstantCasino.com CoinCasino.com (Web3)
Games ~3,000 (classic + live) >5,000 + sports betting & Telegram games
Bonuses 200% up to EUR 7,500 + 10% cashback 200% bonus + airdrops + staking (up to 15%)
Withdrawals Instant (crypto), up to 48h (fiat) Instant via Web3 wallet
Platform since 2024, Curaçao license Late 2024, Web3, CertiK-audited
Trust / Risk Poor reviews, good sentiment Community-backed, ambitious roadmap
Target audience Classic casino players with crypto options Crypto users, token fans, Web3 enthusiasts

Recommendation:

  • Security-conscious players should approach InstantCasino cautiously and start with small amounts.

  • Web3 enthusiasts and crypto users will find CoinCasino a compelling platform with real future potential.

Note: Always play responsibly and read bonus terms carefully!

Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the “Next-Generation Crypto Exchange”

0
Gate Introduces Brand New Domain Gate.com and Brand Logo, Advancing Toward the “Next-Generation Crypto Exchange”

May 19th, Panama – Gate, a global leading cryptocurrency trading platform, has officially adopted the new international domain Gate.com and unveiled a redesigned brand logo, marking a significant milestone in the platform’s evolution. This strategic move aims to unify brand identity, strengthen global presence, and enhance user trust, heralding a new chapter in Gate’s development. The upgrade follows Gate’s 12th anniversary celebrations and aligns closely with the platform’s newly articulated vision, unveiled at its global event in Dubai, to become the “next-generation crypto exchange”. It signifies a transformative leap from industry leadership to innovation leadership, and from technical excellence to global strategic expansion.

Previously, Gate also adopted a new Chinese name “Damen” ( 大门, meaning “The Gate”), symbolizing an open gateway to the future of crypto for users worldwide. The unified refresh of domain and logo reflects the platform’s commitment to inclusivity and signals the beginning of a new chapter in building a trusted, globally connected crypto ecosystem.

Brand Refresh: From Visual Upgrade to Strategic Evolution

As a pioneer in the crypto industry, Gate has focused on building a secure, compliant, and innovative digital asset trading ecosystem since its founding in 2013. Today, the platform serves over 23 million users worldwide, supports trading in over 3,800 cryptocurrencies across spot, futures, leverage, and financial products, ranking Top 3 globally by comprehensive strength. It was also among the first exchanges to implement zero-knowledge proof (ZKP) technology to verify reserve transparency, ensuring 100% verifiability of platform assets. According to its latest proof-of-reserves report, Gate’s total reserves exceed $10.865 billion, with a reserve ratio of 128.57%.

This brand overhaul not only elevates Gate’s visual identity but also marks a critical step in its global outreach strategy. The new domain Gate.com is concise, highly recognizable, and globally intuitive, enhancing user perception of the platform’s professionalism and credibility. The newly designed logo adopts a modern, minimalist aesthetic that encapsulates Gate’s core principles of “trust as the foundation”, “technological innovation”, and “continuous evolution”, representing a comprehensive upgrade in technology, ecosystem, and compliance.

In addition, Gate Group’s global platform Gate, along with all its locally licensed entities, Gate Japan, Gate Dubai, and Gate Europe, will adopt the unified brand name “Gate”. The brand upgrade presents a cohesive global identity and further strengthens Gate’s professional image and international influence as a leading global exchange.

Strategic Leap: Building the “Next-Generation Crypto Exchange”

Beneath the surface of this brand transformation lies a bolder strategic ambition. On April 30, at Gate’s 12th Anniversary Global Celebration in Dubai, Founder and CEO Dr. Han introduced the vision to build the “next-generation crypto exchange”. This strategy emphasizes transformative growth across three core pillars:

  • Technology-Driven Innovation: Continuously upgrading the trading experience through iterative product development and breakthroughs in underlying technologies.
  • Global Compliance: Establishing a robust global compliance network backed by licenses and regulatory approvals in multiple jurisdictions, strengthening industry credibility.
  • Ecosystem Integration: Expanding from trading to encompass Web3, infrastructure, and investment services, building a closed-loop digital economy.

Gate’s mission is to continuously enhance its offerings with a professional, secure, and open approach, aiming to become a foundational infrastructure for the global digital economy and to provide future-ready, trustworthy digital asset services to users worldwide.

Global Compliance Footprint: Expanding with Purpose

Gate Group places strong emphasis on a “compliance-first” strategy, steadily advancing its global regulatory presence. In recent years, its various entities have obtained or completed regulatory registrations, licences, authorizations, or approvals across various jurisdictions, such as Lithuania, Argentina, Malta, Italy, Bahamas, Gibraltar, and Hong Kong.

In 2024, Gate Group’s entity completed the acquisition of Japan-licensed exchange Coin Master, further consolidating its compliance footprint in the Asia-Pacific region. Most recently, Gate Technology FZE (“Gate Dubai”), an entity of Gate Group, recently received a full operational license from Virtual Asset Regulatory Authority (VARA) in Dubai. The license authorizes Gate Dubai to offer crypto asset trading services to institutional investors, qualified investors, and retail users, marking a major milestone in its expansion into the MENA region and global markets. It is a testament to its long-standing commitment to security, transparency, and user protection.

With parallel advancements in technology innovation, user experience, ecosystem expansion, and global compliance, Gate is evolving from a top-tier trading platform into a trusted global digital finance ecosystem. The launch of the Gate.com domain and refreshed logo represents more than a brand update—it is a declaration of Gate’s long-term commitment and vision for the global user community. Looking ahead, Gate remains firmly committed to its development principles of user-first, technological innovation, and global compliance, and will continue to work alongside users, developers, and partners worldwide to shape a safe, open, and sustainable crypto future.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

The content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/legal/user-agreement.

GateToken (GT) Burns 1,542,910.7518074 Tokens in Q1 2025, Steadily Reinforcing Long-Term Value

0
GateToken (GT) Burns 1,542,910.7518074 Tokens in Q1 2025, Steadily Reinforcing Long-Term Value

May 14th, Panama – According to the official announcement, the on-chain burn of GateToken (GT) for the first quarter of 2025 has been successfully completed. A total of 1,542,910.7518074 GT has been transferred to the burn address, with its value exceeding $33.84 million.

View transaction details on-chain: https://etherscan.io/tx/0x07d08231fb04140708621348b3e030978c4feedceb4113f214cf085732ce9ec4

As the utility token and gas fee token on GateChain, GT plays a fundamental role in powering the network’s core transfer infrastructure. Since the GateChain mainnet launch in 2019, GT has implemented a sustained deflationary mechanism. The total token supply has been significantly reduced from its initial 300 million, with an overall reduction of approximately 59.54%. Even amid multiple market cycles, the platform has consistently executed a prudent and transparent burn strategy, demonstrating its long-term commitment to GT’s deflationary model and providing a solid foundation for sustained value appreciation.

Key Information of This Burn:

  • Tokens burned this round: 1,542,910.7518074 GT
  • Value of this burn: Approximately $33.8452 million
  • Total cumulative tokens burned: 178,632,323 GT
  • Total cumulative burn value: Approximately $3.92 billion (based on the current price)

Looking forward, GateChain will continue to enhance its core infrastructure, including data availability (DA), to ensure network efficiency and security. At the same time, it will further expand its Web3 ecosystem to cover wallets, trading, asset management, NFTs, memes, and beyond, enhancing the overall user experience.

As more applications and chains integrate with GateChain, GT is expected to serve an even greater role in powering the ecosystem. Additionally, GT holders are entitled to exclusive benefits such as token launch airdrops, new token staking, and GT staking rewards. Gate remains firmly committed to the long-term deflationary plan for GT. Under a compliant and structured framework, it will steadily advance the token burn process, continually enhancing GT’s scarcity and long-term value. Through this approach, the platform aims to drive the crypto industry toward a more regulated, secure, and efficient future, delivering a richer suite of blockchain services for global users and building a thriving Web3 ecosystem together.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

Gate.io Releases Latest Proof of Reserves Report: Total Reserves Reach $10.865 Billion, with $2.415 Billion in Excess Reserves

0
Gate.io Releases Latest Proof of Reserves Report: Total Reserves Reach $10.865 Billion, with $2.415 Billion in Excess Reserves

May 12th, Panama –Gate.io has released its latest Proof of Reserves report. As of May 8, the total value of Gate.io’s reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.

Currently, the BTC reserve ratio is 137.69%, with an increase of 2,802 BTC compared to the previous period. The ETH reserve ratio is 121.36%, with an increase of 188,563 ETH, and the USDT reserve ratio is 102.63%, with an increase of 441,334,786 USDT. In addition, reserve ratios for assets such as GT, DOGE, and XRP all exceed the 100% benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.

Gate.io has always prioritized asset security and user trust, consistently advancing the innovation upgrade of its reserve audit technologies. Gate.io employs zero-knowledge technology and Merkle Tree structures, allowing users to verify whether their assets are included in the platform’s reserves without revealing any details. Combined with hot and cold wallet verification and balance snapshots, this approach completes a closed-loop of data, allowing users to independently verify their holdings through a dedicated page.

In addition, Gate.io regularly updates its reserve data and provides users with corresponding verification paths and report summaries to help them understand asset composition and reserve levels. Currently, Gate.io’s reserves cover most mainstream cryptocurrencies, equipping the platform with robust market resilience and offering strong support for stable operations and long-term growth.

Looking ahead, Gate.io will continue to leverage its strengths in transparent operations and technical adoptions, exploring new technological breakthroughs to co-create a safer and more trustworthy digital asset trading ecosystem with users worldwide.

Media Contact:

Elaine Wang at [email protected]

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.io/user-agreement.

Alaya AI Leads the New Era of Decentralized Data Labeling

0
Alaya AI Leads the New Era of Decentralized Data Labeling

In today’s rapidly evolving era of artificial intelligence, high-quality data stands as the foundation of innovation. Alaya AI is redefining the way data is labeled by integrating decentralized Web3 technologies with advanced automated annotation tools. By bridging the gap between traditional manual labeling and highly efficient automation, Alaya AI not only reduces costs and boosts data labeling efficiency, but also empowers a global community to share in the value creation.

A Paradigm Shift in Data Labeling

Traditional data labeling methods are plagued by inefficiencies, high costs, and unfair compensation. Alaya AI addresses these challenges through its “Label to Earn” model. By leveraging blockchain technology, the platform streamlines the labeling process and eliminates intermediaries, enabling direct connections between data requesters and global contributors. Participants are rewarded through a dual NFT system—one NFT grants access to labeling tasks, while the other certifies user expertise—ensuring both high-quality results and fair incentives.

Advanced Automation for Superior Efficiency

At the heart of Alaya AI lies its cutting-edge AI automation toolkit. This system uses a three-layer intelligent optimization framework, enhanced by reinforcement learning from human feedback (RLHF), to handle repetitive labeling tasks without compromising on accuracy. From image annotation and video processing to text transcription, the platform supports a wide range of data types. This automation not only accelerates the creation of large-scale, high-quality datasets—critical for AI applications such as autonomous driving, medical diagnostics, and financial risk modeling—but also significantly reduces training costs.

Empowering a Global Data Community

Alaya AI’s decentralization extends beyond technology to its global community-building efforts. With over one million registered users and tens of thousands of daily active participants, the platform brings together a diverse range of data sources, enriching both data variety and quality. This diversity reduces bias and strengthens the real-world relevance of training data. Moreover, the platform’s Open Data Platform (ODP) enables frictionless Web3 data exchange, allowing developers to build customized data pools and significantly lowering the cost of labeling for small and medium-sized teams.

Looking Ahead

Alaya AI will continue to refine its automation tools and expand into new industries and geographies. Future plans include integrating more advanced NLP and computer vision technologies to meet the complex demands of emerging fields such as retail and autonomous driving. Additionally, by exploring synergies with decentralized physical infrastructure networks (DePIN) and AI-powered hardware, Alaya AI aims to transform everyday interactions into data generation opportunities—becoming a truly “decentralized AI data factory.”

Conclusion

As artificial intelligence continues to permeate every aspect of modern life, the demand for high-quality, diverse, and efficiently labeled data is more critical than ever. Alaya AI is reshaping the landscape of data labeling through its unique blend of decentralized Web3 principles, automation, and gamified user engagement. By democratizing data access and aligning incentives fairly, Alaya AI not only accelerates AI development but also paves the way for a more inclusive and sustainable data economy.

Website | X | Telegram | Medium

Piggycell Announces Support From ICP HUBS Network To Accelerate Global DePIN Expansion

0
Piggycell Announces Support From ICP HUBS Network To Accelerate Global DePIN Expansion

Piggycell, a Web3-native charging and reward platform with 3.5 million users and 100,000 deployed devices, has confirmed support from the ICP Hubs Network, which spans 26 countries.

This support will accelerate Piggycell’s integration of blockchain technology with its existing portable power bank network. The platform enables users to earn points through everyday charging activities, with these rewards stored in decentralized Internet Computer canisters rather than centralized databases. Users can exchange these points for PGC tokens—an Internet Computer-based token—creating a transparent reward system that processes hundreds of thousands of rental transactions monthly.

This is a major leap for Piggycell,” said John Lee, Founder of Piggycell. “The Internet Computer’s unique features, including the ‘Reverse Gas’ model and powerful canister smart contracts, make it exceptionally well-suited for managing our large-scale transaction loads efficiently. With support from these 26 Internet Computer Hubs, we’re becoming a key application within the ICP ecosystem while maintaining a seamless user experience.

Piggycell’s closed beta test (CBT) and token airdrop are scheduled for April 2025, with strategic expansion through partners planned throughout Q2-Q3. The company has already signed power bank distribution agreements with major brands like Yanolja and Ediya Coffee, Korea’s largest coffee chain, which will significantly expand the real-world footprint of the network while showcasing how decentralized physical infrastructure can operate at scale.

The platform leverages the Internet Computer blockchain to implement decentralized points across its services. Rather than storing user data in centralized Web2-style server databases, Piggycell uses Internet Computer canisters to build a decentralized user database. Core features such as user point accumulation and burning are handled transparently through smart contracts to ensure the service’s trustworthiness while maintaining the performance needed for high transaction volumes.

Piggycell

Piggycell is a Web3-powered DePIN and RWA platform that transforms everyday charging infrastructure into a decentralized, community-owned network. By combining real-world devices with blockchain-based ownership and reward systems, Piggycell enables users to earn through charging, challenges, and NFT-linked infrastructure. With millions of users and a fast-growing physical footprint, Piggycell is bridging the gap between Web2 utility and Web3 incentives — making blockchain benefits accessible without the complexity. Through gamified features and seamless UX, Piggycell redefines charging infrastructure as something users can own, earn from, and grow together.

For more information, please visit: https://www.piggycell.io/home

Internet Computer

The Internet Computer (ICP) represents a fully decentralized web3 cloud platform, enabling developers to deploy code directly onto the blockchain without relying on servers or centralized infrastructure. This fast, cost-efficient, and highly scalable protocol redefines the operational paradigm of a decentralized web3 platform. ICP offers the same functionalities as centralized clouds but with economically efficient computation, heightened security, and rapid processing speeds intrinsic to decentralized technology.

Contact Information

Media Contact: katherine
Email: [email protected]
Website: https://www.piggycell.io/home

Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs

0
Gate Q1 2025 Transparency Report: Sustained Leadership in Crypto Markets with Multiple Metrics Hitting New Highs

April 10 -Panama – Leading global digital asset platform Gate has released its Q1 2025 Transparency Report, showcasing comprehensive breakthroughs across multiple business segments. Core metrics reached historic highs, security infrastructure underwent full-scale upgrades, product offerings expanded significantly, and global strategies accelerated, all reflecting its robust growth momentum and a solidified market foundation.

Trading Business Surge: Futures Trading Volume Up 31% QoQ

In Q1 2025, Gate maintained its industry leadership with remarkable user growth and trading volume breakthroughs. The platform’s expanding user base underscored its strong market appeal and sustained growth momentum.

Futures Trading saw explosive growth, with the number of traders and overall trading volume surging. Futures trading volume increased by approximately 31% quarter-over-quarter (QoQ).

In Spot Trading, the platform listed over 200 new tokens, reinforcing Gate’s leading edge in asset selection and listing efficiency, providing users with a broader and higher-quality range of investment options.

Gate newly launched the “Refer to Earn” program which integrated social media and interactive campaigns to drive user acquisition and trading activity, fostering sustainable community growth.

Strong Tokenomics: GT Price Hits Historic High of $25.96

This quarter, Gate’s native token GT delivered stellar performance in Q1 2025, reaching an all-time high of $25.96 on January 25, a 70% increase year-to-date. As the native utility and gas token of GateChain, GT underpins the blockchain’s fundamental transaction infrastructure. GT holders also enjoy exclusive benefits such as LaunchPool airdrops, mining rewards, and staking incentives.

Since GateChain’s 2019 launch, GT has maintained a deflationary burn mechanism, reducing total supply by around 60% from its initial 300 million. This underscores Gate’s long-term commitment to deflationary tokenomics and reinforces GT’s value proposition for long-term holders. So far, a total of 177,089,412.23 GT has been burned, with a total burn value of approximately $408,270,578.

Security First: Total Reserves Exceed $10.328 Billion

Gate remains steadfast in safeguarding user assets and information security, further enhancing reserve transparency and platform security. As of January 17, 2025, Gate.io’s total reserves reached $10.328 billion, ranking Top 4 globally among crypto platforms. The reserve ratio stood at 128.58%, exceeding the 100% industry benchmark. Excess reserves totaled $2.296 billion, providing robust protection for user funds.

Gate attached great importance to advancing its global compliance framework, including the acquisition of Coin Master, a licensed exchange in Japan, through one of its entities, further expanding its localized business in the Japanese market.

Launchpool Upgrade: 140+ Projects Launched with $14M+ Rewards

In Q1 2025, Gate Launchpool (formerly Startup Mining) became a premier platform for new token launches. It hosted over 140 projects, including more than 90 free airdrops with a total value exceeding $5.2 million. And the platform launched over 70 mining projects distributing more than $9.2 million in rewards.

The platform introduced a project search function and intelligent strategy filter, enabling users to match optimal mining plans within three minutes. The HODLer Airdrop program lowered its entry threshold to 1 GT, delivering an average annualized return of 43.94%. Demonstrating its agility in responding to market trends, on the listing day of the trending token TRUMP, mining was activated immediately, and stake volume surpassed $25 million within 24 hours, attracting significant user participation and fostering a win-win environment between the platform and project.

Gate Pilot Listed Over 1,000 Tokens, Capturing Multiple High-Yield Memes

Leveraging its first-mover advantage and continuous innovation in the Meme sector, Gate Pilot has further solidified its leading position in the field. This quarter, Gate Pilot successfully integrated more than 10 major public blockchains, including Ethereum, Solana, and Base. Nearly 400 tokens were listed this quarter, bringing the total number of listed tokens to over 1,000. Gate Pilot maintains a leading position in the industry and offers users a richer and more diverse range of investment options. Meanwhile, innovative tools such as “Logo Mode” and Meme Gem Index were launched, significantly enhancing users’ ability to identify tokens and market trends while lowering the barriers to Meme trading.

With its fast listing mechanism, Gate Pilot helped users capture multiple high-yield projects ahead of the market, including quality Meme tokens like Kekius (55x), Trump (45x), YZY (46x), and Mubarak (28x). In addition, the platform partnered with projects such as MemeCity and MemeCore, actively participating in offline industry events to strengthen its leading position in the Meme sector.

Strong Institutional Business Performance and Continuous Infrastructure Upgrades

Gate’s institutional business achieved significant breakthroughs in both trading volume and ecosystem development. Institutional clients’ futures and brokerage business trading volumes both saw marked growth. By optimizing trading infrastructure and market depth, latency was reduced by more than 2-fold, significantly improving users’ trading efficiency. Furthermore, futures liquidity improved, and the number of spot and futures market makers increased.

Additionally, Gate introduced the new Fireblocks Off-Exchange solution, offering institutional clients more flexible fund management options. Through joint marketing campaigns with over 20 partners, Gate further expanded its professional client base and strengthened the building of its premium user community, further consolidating Gate’s leading position in the global cryptocurrency field.

Significant Growth in Quantitative Investment, Copy Trading Volume Soared 780%

This quater, Gate achieved remarkable growth in copy trading, bot strategies, and ETF products. In terms of copy trading, the launch of the Prometheus automatic risk control system created a safer trading environment for users; spot copy trading volume surged by 780%, and the highest yield from a leading user reached 890x, offering users opportunities for excess returns.

Robot products, through continuous optimization of the Ultra AI strategy and intelligent algorithms, have generated over $500 million in cumulative trading revenue for users. The newly launched BotsLive streaming column and weekly strategy recommendations significantly boosted user engagement; the number of new strategies created increased by 404% quarter-on-quarter, and the number of users creating new strategies grew by 193%.

The ETF business also performed strongly, with the platform supporting over 200 ETF leveraged tokens, maintaining a leading position in the industry. By the end of the quarter, ETF trading volume had increased by 40% quarter-on-quarter, and the number of participating users had grown by 197%.

Partnering with Top Players to Build Global Blockchain Influence

In the first quarter of 2025, Gate made simultaneous advances in global brand expansion and blockchain investment. Gate.io announced its official sponsorship of the Oracle Red Bull Racing team in F1, initiating a multi-year strategic partnership. This collaboration is not only a powerful alliance between two industry leaders but also marks the expansion of blockchain technology from the race track to the global stage, promoting Web3 and digital finance concepts to a broader audience through a world-class sports platform.

Meanwhile, Gate Ventures joined the newly established Morph Venture Capital Collective alliance, further expanding its blockchain investment landscape. In addition, Gate Ventures invested $20 million in the BNB Incubation Alliance (BIA), jointly initiated by BNB Chain and Binance Labs, demonstrating its firm commitment to advancing the Web3 ecosystem and nurturing the next generation of blockchain innovation projects. By empowering projects with capital, resources, and networks, Gate is taking concrete actions to help bring blockchain technology into the mainstream.

https://www.gate.io/announcements/article/44362Media Contact:

Elaine Wang at [email protected]

Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate.io may restrict or prohibit certain services in specific jurisdictions. For more details, please read the User Agreement: https://www.gate.io/zh/user-agreement.