Odaily News According to the latest "Crypto Exchange Monthly Report" released by CoinDesk, Gate's derivatives market share increased by 1.01% month-on-month to 5.14%, ranking second in the world, second only to Binance. This is also the seventh consecutive month that Gate has achieved growth, setting a new annual high. Since the beginning of this year, Gate has become the growth champion of derivatives market share. As one of the most outstanding exchanges, Gate has the smallest decline in derivatives trading volume this month among the many derivatives trading platforms connected to the CoinDesk Data API, showing strong resilience. Whether calculated by trading volume or open contracts, Gate is now firmly ranked among the top five derivatives exchanges in the world, surpassing competitors such as Hyperliquid, CME and Coinbase International.
CoinDesk also highlighted Gate’s recent innovations, especially the launch of xStocks, the world’s first tokenized stock contract market. CoinDesk commented: “xStocks is more than just a functional upgrade, it also reflects Gate’s mission to reinvent investment across geographical boundaries by deeply integrating traditional finance with blockchain.” This recognition coincides with Gate’s user base exceeding 32 million, and CoinDesk also affirms its growing influence in the international market.