Gate derivatives trading volume rose by 44%, with USD1 coin holdings ranking second globally.

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Odaily News According to the CoinDesk Data July Exchange Evaluation Report, Gate has performed outstandingly in the derivatives market, with a monthly derivatives trading volume reaching 374 billion USD, a rise of 44% compared to the previous month. Its derivatives market share increased by 0.55%, firmly ranking among the top two globally, second only to Binance. In the stablecoin sector, Gate has become the second-largest platform among Centralized Exchanges in USD 1 holdings, behind Binance. On July 26, the Ika (IKA) Launchpad hosted by Gate set a record, attracting over 228 million USD 1 and 6.59 million GT in subscriptions, with a total value of approximately 348 million USD. In the DeFi sector, Gate Launchpool has also continued to strengthen, launching 21 new projects in July, distributing over 2.8 million USD in Airdrop rewards, with the highest annualized yield reaching 4509%, and total staked assets increasing to 2.9 billion USD. In terms of user scale, Gate's global registered users have exceeded 34 million, further consolidating its influence in the international market. Its Gate Alpha platform, with the launch of a points Airdrop system in July, has driven the platform's trading volume to soar by 380%. (Coindesk)

USD10.07%
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