Gate Releases Q4 2025 Report: Trading Business Grows Steadily, On-Chain and Compliance Expansion Accelerates

marsbitPublished on 2026-01-22Last updated on 2026-01-22

Abstract

Gate Releases Q4 2025 Report: Trading Business Grows Steadily, On-Chain and Compliance Expansion Accelerates Gate, a leading global cryptocurrency exchange, has released its Q4 2025 report, highlighting robust growth in its core trading operations and significant progress in Web3 ecosystem development and global compliance. Key performance indicators showed strong results. Both spot and derivatives trading volumes remained high, with the platform's global market share increasing to 11% in derivatives, one of the highest growth rates in the industry. User registrations approached 50 million, with support for over 4,300 crypto assets. The platform's product ecosystem, including Launchpool, Launchpad, HODLer Airdrop, and CandyDrop, saw substantial activity. Launchpool listed 28 projects with airdrops exceeding $4.8 million, while Launchpad's oversubscription rate surpassed 2,500%. The newly launched Perp DEX exceeded $10 billion in cumulative trading volume in its first full quarter. In asset management, the "Earn" products saw subscriptions exceed $11 billion. The platform's Proof of Reserves showed a total reserve ratio of 124%, covering nearly 500 user assets. A major compliance milestone was achieved as Gate Technology Ltd, part of Gate Group, obtained a MiCA license from the Maltese MFSA, marking a key step into the European Union. The exchange also launched its Australian platform, further expanding its global regulated footprint. The quarter also saw enhanced brand ...

Gate, a leading global cryptocurrency trading platform, has released its Q4 2025 Report. The report indicates that the platform has made continuous progress in its core trading business, Web3 ecosystem development, and global compliance efforts, with multiple key metrics achieving significant improvements. During the quarter, Gate made positive strides in spot and derivatives trading volume, product system enhancement, and on-chain ecosystem synergy, further solidifying its position as a top-tier platform in the global crypto industry.

In Q4 2025, Gate continued its strong growth momentum throughout the year, with both spot and derivatives businesses operating at high levels. Trading depth, liquidity, and user activity consistently ranked among the industry's best. According to the latest data from CoinDesk, Gate's global market share growth in spot trading remained in the top three, while its derivatives market share increased to 11%, making it the exchange with the highest growth rate during the same period. This demonstrates the platform's system stability and operational resilience in complex market conditions.

By the end of the quarter, the platform's registered user base approached 50 million, supporting over 4,300 cryptocurrencies. Additionally, Gate completed the upgrade to App v8.0 in December, optimizing international visual design, interaction efficiency, and system performance to enhance the multi-scenario trading and asset management experience.

In terms of products and ecosystem, Gate continued to operate mechanisms such as Launchpool, Launchpad, HODLer Airdrop, and CandyDrop. Specifically, Launchpool listed 28 projects in a single quarter, with a total airdrop value exceeding $4.8 million; Launchpad saw an oversubscription rate of over 2,500%, with a cumulative oversubscription amount of $149 million; HODLer Airdrop launched 23 free airdrop projects within the quarter, with a total airdrop value of over $590,000; CandyDrop's cumulative contract trading volume surpassed $51 billion. On the on-chain trading front, Gate Perp DEX officially entered the scaled trading phase, with its first full quarter's cumulative trading volume exceeding $10 billion, supporting hundreds of perpetual contract trading pairs.

In asset management, the subscription amount for Gate's Flexible Savings product exceeded $11 billion within the quarter, with daily active users surpassing 430,000; the scale of on-chain earn products steadily increased, with GUSD minting volume exceeding $200 million again in December; ETF business quarterly trading volume exceeded 13.9 billion USDT, supporting over 310 ETF trading pairs; quantitative fund users and trading volume grew simultaneously, with new users increasing by 98% quarter-on-quarter.

Regarding security and transparency, as of October 28, 2025, Gate's total reserve value reached $11.676 billion, with a total reserve ratio of 124%, covering nearly 500 user assets; the on-chain burn mechanism for GateToken (GT) continued, with the cumulative burn ratio increasing to 61.61%. On the compliance front, Gate Technology Ltd, a subsidiary of Gate Group, obtained a MiCA license from the Malta Financial Services Authority (MFSA) and initiated the process for EU passporting rights; Gate Australia officially launched, marking the further expansion of Gate Group's global compliance footprint. To date, multiple entities under Gate have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions including Malta, The Bahamas, Japan, Australia, and Dubai.

While continuously advancing trading and Web3 infrastructure development, Gate has further increased its investment in community ecosystem and brand building. The number of certified creators on Gate Square has exceeded 1,000, continuously building a Web3 community centered on user participation. In brand building, Gate sponsored the Token of Love music festival in Singapore and hosted high-profile brand events and VVIP dinners during key moments such as TOKEN2049 and the F1 Singapore Grand Prix, gathering global partners, institutional clients, and industry leaders to continuously strengthen Gate's brand recognition and ecosystem appeal on the international stage.

In Q4 2025, Gate demonstrated robust operational resilience in trading volume, product innovation, on-chain ecosystem, and global expansion, with multiple business lines advancing steadily. By solidifying the foundation of core trading businesses like spot and derivatives, accelerating the synergistic implementation of Web3 ecosystems and on-chain applications, and simultaneously advancing security, compliance, and brand building, Gate is steadily completing its strategic upgrade from a traditional trading platform to an integrated Web3 infrastructure. Looking ahead, with the continuous improvement of the product system and the release of ecosystem synergies, Gate is expected to further consolidate its comprehensive competitiveness in the global digital asset market, injecting sustainable growth momentum into the industry's long-term development.

Details link: https://www.gate.com/announcements/article/49409

About Gate

Founded in 2013 by Dr. Han, its Founder and CEO, Gate is one of the world's leading cryptocurrency trading platforms. The platform serves over 48 million users and supports trading for more than 4,300 crypto assets. As an industry benchmark, Gate was among the first to achieve 100% Proof of Reserves. Its ecosystem encompasses diverse services including Gate Wallet and Gate Ventures.

To learn more, visit: Website| X| Telegram| LinkedIn| Instagram| YouTube

Disclaimer:

This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from restricted regions. Please read the User Agreement for more information, link: https://www.gate.com/zh/user-agreement.

Related Questions

QWhat were the key highlights of Gate's performance in Q4 2025, according to the report?

AThe report highlighted robust growth in Gate's core trading business, with both spot and derivatives market share increasing. The platform's global spot market share growth ranked in the top three, and its derivatives market share rose to 11%, the highest increase among trading platforms during the period. User growth continued, nearing 50 million registered users.

QWhich new regulatory license did Gate Group obtain and in which jurisdiction?

AGate Technology Ltd, a subsidiary of Gate Group, obtained a MiCA license from the Malta Financial Services Authority (MFSA) and initiated the process for an EU passporting right.

QWhat significant milestone did Gate's Perp DEX achieve in its first full quarter of operation?

AGate's Perp DEX entered the large-scale trading phase, with its cumulative trading volume exceeding $10 billion in its first complete quarter, supporting hundreds of perpetual contract trading pairs.

QHow did Gate's product mechanisms like Launchpool and Launchpad perform in Q4 2025?

ALaunchpool listed 28 projects in a single quarter with a total airdrop value exceeding $4.8 million. Launchpad saw an oversubscription rate of over 2,500%, with a total oversubscription amount reaching $149 million.

QWhat is the total value of Gate's Proof of Reserves and what is the reserve ratio as of the report?

AAs of October 28, 2025, the total value of Gate's reserves was $11.676 billion, with a total reserve ratio of 124%, covering nearly 500 user assets.

Related Reads

20 Billion Valuation, Alibaba and Tencent Competing to Invest, Whose Money Will Liang Wenfeng Take?

DeepSeek, an AI startup founded by Liang Wenfeng, is reportedly in talks with Alibaba and Tencent for an external funding round that could value the company at over $20 billion. This marks a significant shift, as DeepSeek had previously relied solely on funding from its parent company,幻方量化 (Huanfang Quantitative), and had resisted external investment. The potential valuation would place DeepSeek among the top-tier AI model companies in China, comparable to competitors like MoonDark (valued at ~$18 billion) and ahead of recently listed firms like MiniMax and Zhipu. The funding—which could range from $600 million (for a 3% stake) to $2 billion (for 10%)—is seen as a move to secure resources for model development, retain talent, and support infrastructure needs, particularly as competition in inference models and AI agents intensifies. Both Alibaba and Tencent are eager to invest, not only for financial returns but also to integrate DeepSeek into their broader AI ecosystems. However, DeepSeek’s leadership is cautious about maintaining independence and may prefer financial investors over strategic ones to avoid being locked into a specific tech ecosystem. Alternative options, such as state-backed funds, offer longer-term capital and policy support but may come with slower decision-making and potential constraints on global expansion. With competing AI firms accelerating their IPO plans, DeepSeek’s window for securing optimal terms may be narrowing. The final decision will reflect a trade-off between capital, resources, and strategic independence.

marsbit43m ago

20 Billion Valuation, Alibaba and Tencent Competing to Invest, Whose Money Will Liang Wenfeng Take?

marsbit43m ago

After Losing 97% of Its Market Value, iQiyi Attempts to Use AI to Forcefully Extend Its Lifespan

After losing 97% of its market value since its 2018 peak, iQiyi is aggressively pivoting to AI in a desperate attempt to survive. At its 2026 World Conference, CEO Gong Yu announced an "AI Artist Library" with over 100 virtual performers and a new AIGC platform, "NaDou Pro," promising faster production and lower costs. This shift comes as the company faces severe financial distress: its market cap sits near delisting thresholds at $1.36 billion, with significant losses, declining membership revenue, and depleted cash flow. The AI strategy has sparked controversy. Top actors have issued legal threats against unauthorized digital replicas, while in Hengdian, over 134,000 background actors are seeing their already scarce job opportunities vanish as AI replaces them for background roles. iQiyi's move represents a fundamental shift from being a high-cost content buyer to a landlord" to becoming a "platform capitalist" that transfers production risk to creators. This contrasts with competitors like Douyin (TikTok's Chinese counterpart), which is investing heavily in *real* actor-led short dramas, betting that authentic human connection retains users better than AI-generated content. The article draws a parallel to the 1920s transition to "talkies," which made cinema musicians obsolete but ultimately enriched the art form. In contrast, iQiyi's AI drive is framed not as an artistic evolution but as a cost-cutting measure that could degrade storytelling, replacing genuine human emotion with algorithmically calculated stimulation and potentially numbing audiences' capacity for empathy. The core question remains: can a company focused solely on financial survival preserve the art of storytelling?

marsbit46m ago

After Losing 97% of Its Market Value, iQiyi Attempts to Use AI to Forcefully Extend Its Lifespan

marsbit46m ago

Only a 50% Chance of Passing This Year, Can the CLARITY Bill Succeed Before the Midterm Elections?

The CLARITY Act, which passed the House in July 2025 with strong bipartisan support (294-134), faces a critical juncture in the Senate. The Senate Banking Committee is expected to hold a markup soon, but key issues remain unresolved, including stablecoin yield provisions, DeFi regulations, and securing full Republican committee support. Other contentious points involve the Blockchain Regulatory Certainty Act (BRCA), ethics amendments for government officials, and SEC-related matters. The legislative calendar is tight, with limited time before the midterm elections. If the committee markup is delayed beyond mid-May, the chances of passage in 2026 drop significantly. Senator Cynthia Lummis has warned that failure this year could delay comprehensive crypto market structure legislation until 2030 or later. Galaxy estimates the probability of the CLARITY Act becoming law in 2026 is only about 50%. The bill provides crucial regulatory clarity by defining jurisdictional boundaries between the SEC and CFTC, establishing a path for decentralization, and bringing digital commodity intermediaries under federal regulation. Its passage is seen as vital before potential power shifts in the next Congress, which could bring less favorable leadership to key committees. The timeline is compressed, and the bill must compete for floor time with other priorities like Iran authorization and DHS appropriations. Key hurdles include finalizing the stablecoin yield compromise text, addressing law enforcement concerns about BRCA, and navigating political dynamics around SEC nominations. The outcome of the Banking Committee markup and the level of bipartisan support will be critical indicators of its future success.

marsbit1h ago

Only a 50% Chance of Passing This Year, Can the CLARITY Bill Succeed Before the Midterm Elections?

marsbit1h ago

Trading

Spot
Futures
活动图片