Gate has delivered a densely packed series of updates. According to DefiLlama data, the exchange recorded $12.171 billion in 24-hour total open interest — the total value of unsettled derivative positions held by traders, a widely watched gauge of derivatives market activity and capital commitment — ranking third among all centralized exchanges worldwide, behind only Binance and Bybit. The milestone coincided with two other headline developments: the official launch of Trenches, Gate's new all-in-one on-chain meme trading platform, and an industry-exclusive expansion of its Gold CFD leverage suite. Together, the announcements point to a platform advancing on several fronts at once — spot and derivatives infrastructure, Web3 integration, and exposure to traditional assets. The combination reflects a broader competitive dynamic among top-tier centralized exchanges, which have been racing to bundle crypto-native products, on-chain functionality, and traditional-market access within single platforms as a way to differentiate beyond basic spot trading.

Trenches: Gate's On-Chain Meme Trading Platform

The most structurally significant release of the week is Trenches, an aggregated on-chain trading platform purpose-built for meme and micro-cap tokens. Trenches supports more than a dozen chains, including Solana, Ethereum, BSC, Base, Sui, Arbitrum, Polygon, and Gate's own Robinhood Chain and Gate Layer, among others. The platform is designed to remove the wallet-management friction typical of Web3 interfaces: users trade directly from their existing Gate account balances, with no wallet creation, asset transfers, or network switching required. A search-and-trade workflow lets traders pull up real-time charts and execute positions simply by entering a token name or contract address. The approach positions Gate to compete with both dedicated on-chain trading tools — such as the wallet-based platforms that gained prominence during the Solana meme cycle — and other centralized exchanges building their own on-chain aggregators, by offering on-chain meme liquidity without requiring users to leave the exchange's custody model.

On fees, Trenches charges a flat 0.5% on both buy and sell sides, and gas fees are currently waived for trades on Robinhood Chain-based assets. Social features — including Callout leaderboards, KOL leaderboards, and active-account showcases — are planned as part of the platform's community layer.

Gold CFDs: Exclusive 5x and 10x Leverage Tiers

Gate has added 5x and 10x leverage options to its XAUUSD Gold CFD product, an expansion the company describes as an industry exclusive. The full leverage menu now spans 5x to 500x (5x, 10x, 20x, 50x, 100x, 200x, 500x), giving traders finer control over position sizing. The product supports both long and short directions, is denominated in USDT, and includes standard risk management tools such as take-profit and stop-loss orders. The newly added lower tiers are a notable option for traders seeking gold exposure with more conservative leverage profiles. The expansion also fits within Gate's broader push into tokenized and CFD-based traditional assets — including the U.S. stock products referenced below — letting crypto-native users access commodity markets without leaving their exchange accounts. As always with leveraged products, higher tiers amplify both gains and losses, which makes the added lower-leverage options relevant for risk-conscious positioning.

MEMECOIN Futures: Open Interest Milestone

Separately from the aggregate open interest figure, Gate's MEMECOIN perpetual futures — listed in the Robinhood Section — registered $1.77 million in open interest and $12.12 million in 24-hour trading volume, ranking first among centralized exchanges on both metrics according to Coinglass data. At the time of the report, the token was trading at $0.08273, up 80.16% intraday.

Perpetual Futures Expansion: Eight New Contracts Across Four Announcements

Gate maintained its rapid futures listing pace this week, adding eight new perpetual contracts across four separate announcements. The pace is consistent with the exchange's listing strategy of quickly converting trending meme and ecosystem tokens into perpetual products, often within the same announcements-cycle window in which competing exchanges add them.

FATCOIN, SHROOM, and STONKS: All three launched as USDT-settled perpetuals with 1–10x leverage, and each was simultaneously added to Gate's Trading Bots and Copy Trading infrastructure.

哈基米 and SUE: 哈基米 launched with 1–20x leverage; SUE — the "Construction Cat" meme coin, based on the real rescue story of an orange kitten found inside a Komatsu excavator in Ohio — launched with 1–10x leverage and was issued on BSC. Both are USDT-margined.

PAIR: Gate's HOOD Section added PAIR perpetual futures (1–10x, USDT-settled) along with Trading Bots and Copy Trading support. PAIR is the official token of the PAIR Fund multi-pool launchpad on the Robinhood Chain.

STONK, BEN, ZCAT, and BREW: All four launched with 1–10x leverage, long and short support, and Trading Bots and Copy Trading. STONK is the platform token of StonkFun, a Solana token launch platform; BEN is a character-based meme from Flap's "Stock Meme" product line; ZCAT is a Zcash-themed Solana meme launched via StonkFun; and BREW is the ecosystem token of the Brew platform on BSC.

New Spot Listings

Gate added two new assets for spot trading this week.

Canopy (CNPY) opened for spot trading at 12:00 UTC on September 7, with Convert trading following at 13:00 UTC. Withdrawals are scheduled to open on September 8 at 12:00 UTC, pending on-chain status.

StonkBroker (STONKBROKER) launched for spot trading on September 7 at 11:00 UTC and for Convert trading at 12:00 UTC, alongside the start of CandyDrop Phase 179. The event runs through September 12 and offers a shared pool of 517,331 STONKBROKER. Participants can earn candies through spot trading, VIP tasks, and referrals, with individual rewards capped at 5,000 STONKBROKER. New users who complete their first STONKBROKER spot trade are eligible for a dedicated bonus tier.

US Stock Dividend Distributions

Gate completed dividend settlements for 207 U.S. stock assets, covering corporate dividend payment dates between August 31 and September 4. Representative names include Visa (V), Wells Fargo (WFC), RTX, Target (TGT), and Pfizer (PFE). The distributions span technology and semiconductors, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate REITs, utilities, materials, media and entertainment, telecommunications, and strategic ETFs. Settlements were made in USDT proportional to user holdings and processed automatically. The automated USDT settlement of corporate dividends is part of the same traditional-asset strategy visible in the Gold CFD expansion, extending the exchange's role beyond crypto into conventional equity income streams.

Convert Trading Campaign

Gate's latest Convert trading campaign runs from September 7 to September 14 (10:00 UTC). Users who complete at least $100 USDT in eligible Convert volume per day for three or more consecutive days can share a 20,000 USDT pool. A separate 20,000 USDT volume-ranking pool is open to users with at least $3,000 USDT in cumulative Convert volume, with the top-ranked user eligible for up to $1,000 USDT, subject to a minimum $150,000 USDT volume threshold.

A parallel new-user bonus runs through September 10: first Convert trades of at least $100 USDT unlock 20 USDT in Dual Investment trial funds (for the first 1,000 users), and $300 USDT in cumulative volume qualifies for an additional $3 USDT cash reward (for the first 300 users). Gate Convert covers more than 2,400 assets with zero trading fees.

All event details and exact timing are subject to platform status updates. Readers should refer to official Gate announcements for the most current information.