In Q1 2025, Gate released a transparency report highlighting significant achievements across various business segments.
Trading Business Surge: Futures Trading Volume Up 31% QoQ
Gate maintained industry leadership with user growth and trading volume breakthroughs. Futures trading volume increased by 31% quarter-over-quarter. The platform added over 200 new tokens in spot trading, giving users a broad selection of investment options. A new "Refer to Earn" program was launched to drive user participation.
Strong Tokenomics: GT Price Hits Historic High of $25.96
The GT token reached an all-time high of $25.96 on January 25, 2025, a 70% increase year-to-date. As the utility and gas token of GateChain, it continues to manage deflation effectively, reducing total supply by 60% since launch. A total of 177,089,412.23 GT has been burned, amounting to approximately $408,270,578.
Security Results and Launchpool Upgrade
Gate.io's total reserves reached $10.328 billion, providing reliable protection for user assets. Furthermore, the Launchpool was upgraded to host over 140 projects, distributing rewards exceeding $14 million.
The conclusion of Q1 2025 for Gate highlights significant developments and strategic initiatives that push the platform forward in the global cryptocurrency market.