Crypto Gloom

Gate Updates: New Deal Records, Global Expansion, Full Campaigns and Launches

briefly

Gate sets staking records, tops global futures rankings, expands TradFi coverage, launches a series of trading campaigns and institutional upgrades.

Gate Updates: New Deal Records, Global Expansion, Full Campaigns and Launches

Cryptocurrency exchange Gate has had a groundbreaking week. The platform’s staking products are hitting consecutive all-time highs with ETH staking reaching 192,400 ETH and SOL staking exceeding 597,500 SOL at competitive APRs, and its derivatives infrastructure is currently one of the top three exchanges in the world by total open interest. Meanwhile, Gate’s XAUT and XAG futures secured second place globally, and natural gas futures topped the global open interest chart. These achievements signify the consolidation of the platform’s position across traditional financial asset classes as well as cryptocurrencies. Take a look at the full development shared by Gate this week.

Staking at record highs

Gate’s ETH staking product has hit an all-time high for the third day in a row, currently at 192,400 ETH, with a base APR of 4.31%. Users who stake receive equivalent GTETH assets and benefit from immediate redemption. Likewise, SOL staking exceeded 597,500 SOL with an APR of 8.50%. Other available staking options include GUSD (3.00%), BTC (2.67%), and USDT (5.42%).

In addition to staking, the total mining volume of Gate GUSD has exceeded 171 million. Joining together with an active Launchpool CTR campaign, which offers a 9.68% APR on GUSD pools, can boost your total annual return to 12.68%, demonstrating a dual return model designed to maximize capital efficiency.

TradFi expansion and global rankings

Gate’s presence in traditional financial markets continues to grow. According to CoinGlass data, Gate’s XAUT futures open interest reached approximately $162 million, ranking second in the world, and XAG (silver) futures open interest reached $120 million, also ranking second in the world. In the energy sector, Gate ranked first globally in natural gas (NG) futures open interest with $488.7K, with 24-hour market trading volume surging 94.7%.

According to DefiLlama data, Gate recorded $11.598 billion in 24-hour total open interest across cryptocurrency derivatives, lagging behind Binance and Bybit globally. Especially in the ETH market, Gate ranks in the top 3 globally in both spot and futures trading volume. The platform currently has over 130 US stock-related perpetual futures and 430 CFD contracts listed, and offers 24/7 USDT settlement access for stocks, metals, forex, indices and commodities.

Semiconductor stocks are showing particular traction. Gate’s 24-hour futures volume for Micron (MU) hit $15.15 million and Sandisk (SNDK) hit $11.23 million, both among the industry leaders. NVIDIA (NVDAX) perpetual futures ranked first globally with 24-hour trading volume of $4.6 million and open interest of $3.42 million.

New listing and ETF launch

Gate listed QAIT (QAIT) spot trading on May 28, followed by conversion trading an hour later with a $100,000 QAIT VIP airdrop campaign. Gate ETF also launched the LAB3L/3S and OKB3L/3S leveraged token pairs on May 28, bringing the total number of supported ETF products to 350. The Simultaneous Trading Challenge runs until June 6 and features a 50,000 USDT prize pool along with daily check-in rewards and volume-based distribution.

Active campaigns across platforms

We currently have several user-targeted campaigns underway.

Convert Scratch & Win (May 26 – June 2) allows users to make conversion transactions starting from just $1 with no fees, and unlock draws for meme coins, ETH pieces and up to 500 USDT cash. A parallel new user conversion reward campaign offered new users a 2 USDT cash reward and a mystery box worth up to 500 USDT.

Phase 40 of the Gate Alpha Hot Token Trading Competition begins on May 30th and features a $50,000 airdrop pool for trading $PAYNE and other designated tokens. The dual reward structure covers both recommenders and detractors and provides real-time reward distribution.

Gate DEX is running two rookie competitions simultaneously: the On-Chain Rookie Swap Debut Contest (until June 11th), targeting Gate Swap users for the first time on an EVM-compatible network, and the Meme Rookie On-Chain Bootcamp (until June 12th), which focuses on Meme pairs on the SOL network. Both events award the top 500 qualifiers a fixed prize based on trading volume.

Polymarket forecast and macro mood

On Gate Polymarket (the first CEX to integrate Polymarket) – There is currently a 52% chance that Bitcoin will exceed $90,000 in 2026, while downside risk is still reflected in the price and there is a 50% chance of it falling below $55,000. Separately, WTI crude oil is expected to remain above $85 with a 56% probability through the end of May, reflecting cautious yet constructive energy market sentiment.

On-chain activities and institutional infrastructure

According to on-chain monitoring data, more than 453,486 HYPE tokens worth approximately $25.18 million have been withdrawn from Gate’s hot wallets over the past 10 days, drawing the attention of on-chain observers who track platform activity.

On the institutional side, Gate has upgraded its interest-free loan program, increasing the maximum loan limit per customer to 10 million USDT. CrossEx will integrate its first DEX in June, and Spot SBE and OMS 3.0 infrastructure upgrades continue to evolve.

Gate US has taken a significant step forward in institutional fiat infrastructure with the launch of Institutional Fiat Solutions, enabling direct USD deposits and withdrawals via ACH and wire transfers natively integrated with trading accounts. Designed for corporations, funds and professional trading firms, this solution streamlines fiat settlement after digital asset trading and improves treasury management efficiency. Gate US currently holds 35 licenses and operates in 46 U.S. jurisdictions under FinCEN registration and state money transfer licenses, further deepening its compliance infrastructure and connecting traditional finance with the digital asset ecosystem.

Payments and European Expansion

The Gate Card is currently available at approximately 130 million Visa merchants in over 100 countries, is compatible with Apple Pay and Google Pay, and allows you to earn up to 5% cashback in BTC, ETH, USDT or GT. This limited-time referral campaign offers rewards of up to 165 USDT.

Gate Europe will host the “Capital Social” networking event at Money20/20 Europe on June 2, bringing together more than 150 experts in fintech, OTC and institutional trading to discuss fiat-digital integration, cross-border payments and on-chain payments. This highlights the company’s deepening regulatory and institutional footprint under its MiCA and PI licenses in Malta.

Lastly, in celebration of Children’s Day, Gate launched a limited edition themed gift box with the concept of ‘protecting childhood innocence’. Specially designed merchandise, including branded yoyos, blended childhood motifs with Gate’s visual identity and were distributed in limited quantities to community users, VIP customers, partners and KOLs. This initiative reflects Gate’s broader strategy to deepen community engagement and strengthen long-term user connections beyond transactions through brand collaborations, seasonal campaigns and culturally resonant activations.

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About the author

As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

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As a dedicated journalist at MPost, Alisa specializes in the broad areas of cryptocurrency, AI, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.

more articles