Gate's Mid-October Update: Fourth SpaceX (SPCX) Share Unlock, Trenches Challenge, and Key Market Metrics
Key Takeaways
- •Gate's fourth (SPCX) pre-IPO share unlock on October 17 at 12:00 UTC will distribute 11,865 tokens, calculated after a 1:5 stock split, directly to users' stock accounts at a 1:1 conversion ratio.
- •On October 19, Gate launched futures, Trading Bots, and Copy Trading for VICR, GRAL, YPF, VIST, PBR, and NU with up to 20× leverage, bringing its stock futures coverage to 482 equities.
- •Launchpool programs including NeoSoul (DNA) Phase 383 let users stake BTC, ETH, or DNA to share a pool of 2.8 million DNA tokens, with the DNA pool offering an estimated 218.90% APR through November 6.
- •Third-party data cited in the article ranks Gate second among centralized exchanges with approximately $256.32 million in 30-day net inflows and third in derivatives by 24-hour open interest at $13.276 billion.
- •Gate's September 2026 Transparency Report reports more than 62 million registered users, $396 billion in monthly derivatives volume representing a 10.1% market share, and 667% 30-day spot volume growth.

Gate has rolled out a series of mid-October updates spanning pre-IPO share unlocks, new trading products, reward campaigns, Launchpool staking programs, and fresh platform-wide performance data — a batch that shows the exchange pushing simultaneously into tokenized traditional-equity products and crypto-native trading features, with several programs running into early November.
Fourth SpaceX (SPCX) Share Unlock
Gate says it remains the only platform in the industry to support pre-IPO share unlocks and to distribute shares of publicly listed companies directly to users. The fourth 7% share unlock for SpaceX (SPCX) is scheduled for October 17 at 12:00 UTC. The round will unlock 11,865 SPCX tokens—calculated after the 1:5 stock split—representing 7% of the original allocation. Shares will be distributed directly to users' Gate stock accounts at a 1:1 conversion ratio.
The unlock applies to SPCX held through pre-IPO subscriptions or later purchases; previously sold tokens are not included. Gate advised users to review their holdings and open orders in advance to ensure the required tokens remain available. Because this round is calculated after the 1:5 stock split, the unlocked token count differs from the original allocation figure — a detail holders reconciling balances after the October 17 distribution will see applied directly. Pre-IPO unlock programs of this kind link crypto-platform distributions to traditional equity-market milestones.
Time-Limited Campaigns and Rewards
Several promotions are currently live on the platform, offering direct rewards and fee benefits. Most pools are allocated on a first-come, first-served basis, and the overlapping windows make each campaign's stated dates the practical cutoff for participation.
Trenches 7-Day Check-In Challenge (40,000 USDT Prize Pool)
From October 16, 12:00 UTC to October 25, 08:00 UTC, users trading BSC chain tokens in Gate Trenches can unlock rewards. A daily volume of at least 100 USDT earns a basic check-in; accumulating 3, 6, or 7 days yields 2, 4, or 5 USDT respectively, drawn from a 10,000 USDT pool allocated on a first-come, first-served basis. Advanced tiers reward higher volumes—at least 2,000 USDT per day for 3 or more days and a 7,000 USDT cumulative total—with a 20,000 USDT pool and multipliers up to 1.5×, capped at 60 USDT per user. New Trenches users with at least 100 USDT in volume can claim a 10 USDT fee rebate voucher from a 10,000 USDT rebate pool, available while supplies last.
Futures Points Airdrop Phase 156
On October 19 from 10:00 to 15:59 UTC, two reward pools will be available on a first-come, first-served basis. In Pool 1, users holding 120–90 Futures Points can redeem 15 points for 0.015 QQQG. In Pool 2, users with at least 40 points can redeem 20 points for a 100 USDT position voucher. Rewards are credited within approximately one hour.
ETF New Listing Trading Challenge (60,000 USDT)
Covering Q3L/USDT and Q3S/USDT, both listed on October 19, the campaign runs until October 28. Tasks include a First Trade Reward, daily check-ins, community volume, and referrals. The first 1,000 users with an initial trade of at least 100 USDT receive a 10 USDT ETF fee rebate voucher. Daily check-ins with at least 1,000 USDT in volume offer cumulative rewards of up to 100 USDT, while community volume unlocks up to 30,000 USDT, distributed proportionally with a maximum of 500 USDT per user.
Futures Combo Trading Competition (20,000 USDT)
Running from October 15 November 3, the competition features a New User Welcome Reward, under which the first 500 users investing at least 100 USDT in a new Futures Combo strategy receive 10 USDT in bot trial funds, as well as a Trading Volume Leaderboard, where the top 50 participants share 10,000 USDT. Other users activating Futures Combo strategies may randomly receive 0–50 USDT in bot trial funds.
New Products and Trading Features
The new listings follow a consistent pattern: markets go live with Trading Bots and Copy Trading available from day one, the same pairing Gate applied to its latest stock-futures additions.
CLAUDIA Perpetual Futures with Trading Bots and Copy Trading
Listed in the Gate Futures Meme Section, CLAUDIA supports 1–10× leverage for both long and short positions, with full integration of Trading Bots and Copy Trading.
PAPERUSDT Pre-Market Perpetual Futures (USDT-M)
The pair is now open for pre-market trading with 1–10× leverage. PAPER is the native token of PaperTrade, a synthetic perpetual futures platform built on HyperEVM. Pre-market perpetuals open derivatives trading on a token before broader spot availability — a format that has become an increasingly common exchange listing mechanism around new token launches.
Stock Futures Expansion
On October 19, Gate launched futures, Trading Bots, and Copy Trading for VICR, GRAL, YPF, VIST, PBR, and NU, supporting 1–20× leverage. Gate now supports futures trading for 482 stocks, a lineup that underpins the TradFi footprint reflected in the third-party rankings below.
Futures Combo Strategy on Gate App V8.40.0
The feature allows users to combine 2–10 futures contracts, customize long and short positions, set target weights, and enable ratio-based or scheduled rebalancing. Users can copy popular strategies or build their own portfolios. The rollout lands in the same update cycle as the Futures Combo trading competition running through November 3, aligning the product launch with its promotional window.
Launchpool and Yield Opportunities
Multiple Launchpool projects are active with substantial reward pools and variable APRs. Launchpool formats let users stake established assets such as BTC and ETH to earn allocations of newer tokens, with returns advertised as estimated APRs rather than fixed yields.
NeoSoul (DNA) Phase 383
The event runs until November 6. Participants can stake BTC, ETH, or DNA to share a pool of 2,800,000 DNA. The DNA pool offers an estimated APR of 218.90%, while the BTC and ETH pools offer 6.24% and 7.25% respectively. Rewards are distributed hourly to spot accounts.
Other Launchpool Projects
DNA, BLKHION, CT, and GT are all underway, with multiple staking pools and APRs reaching up to 218.90% (DNA) and 147.62% (BLKHION).
Platform Metrics and Market Position
Independent data cited by Gate highlights its growing footprint across spot, derivatives, and TradFi markets. Gate ranks second among global centralized exchanges with approximately $256.32 million in 30-day net inflows and third with $147.34 million in 7-day net inflows, according to DefiLlama. It is the third-largest derivatives exchange by 24-hour open interest at $13.276 billion, per CoinGecko.
Gate ranks second globally in futures trading volume for gold (XAU) and silver (XAG), with 24-hour volumes of $157 million and $117 million respectively. Open interest stands at approximately $334 million for XAU and $171 million for XAG, according to Gate's futures data. RootData ranks Gate first globally with 1,022 TradFi assets and 366 stock derivative underlying assets. Together with the stock-futures expansion above, those figures sketch an exchange strategy that increasingly spans both crypto and traditional asset classes. The platform also offers metals perpetuals and contracts for difference (CFDs) on gold, silver, and platinum, with 24/7 trading and USDT settlement through the Unified Account system.
September 2026 Transparency Report Highlights
Gate's September 2026 Transparency Report points to institutional-grade scale and liquidity. Unlike the third-party rankings above, the report is published by Gate itself, though it draws on outside sources such as CryptoQuant for specific metrics. The user base surpassed 62 million registered users globally, and derivatives trading volume reached $396 billion in September, corresponding to a 10.1% market share. Spot trading volume grew 667% over 30 days, according to CryptoQuant. Total 2% order book depth for popular stock perpetuals reached $92.8 million. The report also cites growth of over 127% alongside the platform's broad ecosystem, which spans spot, derivatives, on-chain services, and wealth management.
Additional ecosystem indicators include a 47.18% month-over-month increase in trading volume, a 67.65% increase in trading users, and a 105.09% rise in new users. The platform supports trading across more than 15 blockchains directly with USDT from Gate accounts. Institutional CrossEx trading volume surged 200% month-over-month, while retained funds grew 37.3%, both reaching all-time highs.
This article is based on a report originally published by Metaverse Post.