Gate's week stretched from the floodlit Singapore street circuit to a slate of trading campaigns carrying some of its largest reward pools to date.

Trackside: Gate at the 2026 Singapore Grand Prix

At the 2026 Formula 1 Singapore Grand Prix, Gate served as an official sponsor and long-standing partner of Oracle Red Bull Racing, hosting VIP hospitality from October 9 to 11. Dozens of the company's global clients, key partners and special guests watched the night race from the Paddock Club suites, where Max Verstappen started from pole position and took victory. Gate's branding appeared across the car's wings and nose, the drivers' helmets and the team's race suits. Crypto brands have become a recurring fixture across Formula 1 in recent seasons, and activations like this use the championship's global broadcast reach to put an exchange in front of audiences well beyond crypto-native circles.

The race weekend capped a TOKEN2049 Singapore programme — one of the crypto industry's largest annual conference stops — that included a handprint ceremony with Verstappen and Isack Hadjar, along with the "RACING THE FUTURE Vol 3" event held alongside Team Principal Laurent Mekies.

Trading Campaigns: WCTC S9 and Event Contracts

The competitive focus now shifts to the trading side. Gate's WCTC S9 drew more than 21,000 registrations and 2,454 squads within its first 24 hours. The competition's super prize pool of up to 6,000,000 USDT unlocks progressively as more eligible traders join, a structure that ties reward size directly to participation, and the event spans Spot, ETF, Convert, Stocks, Futures and TradFi. It runs from October 26 to November 25 (08:00 UTC), with up to 3,200,000 USDT allocated to squads and up to 400,000 USDT to individuals.

Ahead of that, Gate's Event Contracts trading event runs from October 11 to October 21 (00:00 UTC), rewarding new users, daily traders and top competitors, with the winner eligible for up to 2,200 USDT. The event also underscores Gate's position as the first platform to offer Stock Event Contracts, which extend short-term Up/Down trades from crypto into traditional equities — a crossover category that brings crypto-style short-horizon trading to familiar stock tickers.

Market Position

Gate's core metrics held steady through the week. DefiLlama data placed the exchange among the top three centralized exchanges by 24-hour net inflows at $29.42 million, behind Binance ($359.27 million) and Bitstamp ($32 million). DefiLlama also ranked Gate's 24-hour futures open interest at roughly $14.1 billion, again within the global top three. Both are widely watched gauges of platform activity: net inflows track assets moving onto an exchange rather than off it, while open interest measures the total value of outstanding derivatives positions.

New Listings and Rewards

Gate became the first exchange to list Incentiv (CENT), an EVM-compatible Layer 1 blockchain secured by Proof-of-Work. First-listing rights have become a competitive marker among exchanges, since the first platform to list a token typically hosts its earliest price discovery and liquidity. CENT/USDT spot trading opened at 09:00 UTC on October 12, with Convert support following at 10:00 UTC. Through HODLer Airdrop Phase 343, the exchange is distributing 34,482,759 fully unlocked CENT to users who have completed Identity Verification and hold at least 1 GT, with rewards apportioned by each user's share of GT holdings at the snapshot. Incentiv offers account abstraction, flexible network fee payment and a native DEX, and is expanding into AI Agent use cases.

Futures traders also received a fresh round of rewards. Gate Futures Points Airdrop Round 153 ran from 10:00 to 15:59 UTC on October 12 on a first-come, first-served basis. Pool 1 requires a balance meeting a threshold of 120–90 points (decreasing) and 15 points to redeem 0.013 SPYG, while Pool 2 requires at least 40 points and 20 points to redeem a 100 USDT position voucher.

Stocks and Tokenized Securities

Gate's equity-linked offerings drew attention during the week, landing amid a broader industry push to bring traditional financial instruments onto crypto trading platforms. Tesla (TSLA) closed at $382.70, up 2.05%, and SpaceX (SPCX) finished at $162.57, up 1.24%. According to CoinGlass, 24-hour open interest in Gate's SPCX perpetual futures reached $148 million, placing it among the industry's top two, while TSLA perpetuals reached $19.81 million, ranking among the top three.

Gate Futures Stock now covers equities across the U.S., Hong Kong, Korea and Japan, with leverage of up to 75x. A newly launched Innovation Section debuts with 40 popular stock perpetuals, including CXMT, Unitree Robotics and CATL.

On Gate gStocks, technology and energy assets led the week's gains. AXT Inc. (AXTIG) rose 2.70% to $69.32, Lumentum (LITEG) gained 2.40% to $1,115.14 and Chevron (CVXG) added 2.30% to $211.45. gStocks tokens are backed 1:1 by their underlying stocks, trade around the clock — unlike the fixed sessions of traditional exchanges — support fractional investing from as little as 1 USDT and sit within a unified account.

The exchange also completed cash dividend distributions for 145 U.S. stocks and ETFs, including TSM, MRK, CRM, MO, QQQ and NXPI — a pass-through that mirrors the cash economics of holding the underlying shares. The payouts covered payment dates from October 5 to 9 and were settled automatically in USDT based on users' holdings, requiring no action from participants.

Prediction Markets

Gate Prediction Markets remained active as the European football season intensified, with market prices on event outcomes serving as aggregated trader expectations rather than guarantees. The Season 8 "Crypto Prophet" campaign, part of WCTC S9, carries a total prize pool of 64,522 USDT, comprising an 18,876 USDT points pool and a 45,655 USDT lucky prize pool. The top-ranked participant's estimated reward stands at 7,078 USDT. Market-implied probabilities for the October 12 fixtures are:

• Atalanta vs. Venezia (16:30 UTC): Atalanta 64%, Venezia 16%, draw 22%.
• Coventry City vs. Newcastle United (19:00 UTC): Newcastle 45%, Coventry 30%, draw 28%.
• Levante vs. Sevilla (19:00 UTC): Levante 36%, Sevilla 35%, draw 30%.

Gate Ventures Recognized at Gate Gala 2026

At Gate Gala 2026, held during TOKEN2049 Singapore, Gate Ventures presented three annual awards: BNY Investments took home Strategic Partner of the Year, 3F Labs received the Innovation Excellence Award and Mesh won the Best Market Impact Award. Gate Ventures said it will continue deepening cross-industry collaboration and backing innovation in digital finance.

Source: Metaverse Post