CryptoRank Data: Gate Releases August Trading and Ecosystem Data, Spot Trading Volume Reaches $131 Billion Ranking Second Globally

BlockBeats News, September 23rd. According to CryptoRank's monthly exchange report, Gate excelled in August, with a spot trading volume of $131 billion, ranking second among global trading platforms, second only to Binance. The contract trading volume reached $923 billion, with an 18% increase compared to the previous month, making it the fastest-growing exchange among top platforms.

In addition to its trading volume performance, Gate's ecosystem has also made new progress. Official data shows that Gate Launchpool has held up to its 300th session, distributing over $96.8 million in rewards to users. Meanwhile, Gate has launched the GUSD tokenized US Treasury bond product. Transparent reports indicate that Gate's total assets under management are around $12 billion, with an overall reserve ratio of 124%. The reserve ratios for BTC, ETH, and USDT all exceed 120%, surpassing the industry average.