Gate Releases 2024 Annual Report: Trading Volume Surpasses $3.8 Trillion, User Base Exceeds 20 Million

BlockBeats News, January 14th, according to official sources, Gate released its 2024 Annual Report. In 2024, the platform's user base exceeded 20 million, with a total annual trading volume of $3.8 trillion, a 120% year-on-year growth. The spot trading volume reached $1.8 trillion, and the futures trading volume reached $2 trillion. Furthermore, the platform's token GT hit successive all-time highs, and multiple data points demonstrate Gate's strong growth momentum.

According to the annual report, in 2024, Gate actively expanded its diversified ecosystem, driving the comprehensive development of the platform. On the product side, it launched the Innovation Zone and MemeBox, with a trading volume exceeding $1 billion and over 500 meme coin projects listed. It deepened its presence in the TON ecosystem, with Gate Web3 Wallet's on-chain assets surpassing $27 billion. In terms of institutional business, its quantitative funds achieved annualized returns of 40% (USDT-denominated) and 25% (BTC-denominated), with institutional spot trading volume growing 4.4 times year-on-year. In terms of security and compliance, in 2024, Gate's total reserve value reached $9.566 billion, with a reserve ratio of 123.91%. At the same time, Gate Entities actively promoted global compliance, applied for the MiCA license, and obtained VASP certifications in multiple regions.

Furthermore, Gate actively advanced global strategic partnerships, collaborating with industry leaders to promote blockchain innovation and ecosystem development. It partnered with Inter Milan Football Club to become its official sleeve sponsor, opening up more market and cooperation opportunities for the crypto industry. Gate officials stated that in 2025, they will deepen their global presence, continue to focus on emerging markets and cutting-edge product innovation, further driving the development of the digital asset industry.