Gate Ranks Third in Global Derivatives After $396.4 Billion September, Pushes Financial Super-App Strategy
Key Takeaways
- •Gate's derivatives volume rose 38.2% month-on-month to $396.4 billion in September, moving it past Bybit into third place worldwide behind Binance and OKX.
- •Spot volume grew 21.9% to $48.8 billion, the user base surpassed 61 million, and Gate earned a Grade A in the CoinDesk Data Exchange Benchmark.
- •Founder and CEO Dr. Han outlined a shift from a trading platform to a unified financial app under the banner "One Gate, Everything Money," anchored by Gate Money's consolidation of fiat, digital assets, stocks, ETFs, gold, bank accounts and payments.
- •On October 13, Gate Futures added 10 stock futures, including Starbucks, Synopsys and Lululemon, bringing its Stock Section to 475 stocks with 1x–20x leverage, trading bots and copy trading.
- •Gate Card's upgraded auto top-up draws from four account types across 14 crypto assets and tokenized stocks, and its Visa partnership targets expansion to more than 40 markets.

Gate's September trading results and this week's product releases outline the exchange's effort to position itself as a full-stack financial platform rather than a conventional crypto venue. The mix of exchange activity, traditional-asset products, payments, and event-based markets shows how that strategy is being expressed across different parts of the user experience.
September Data: Third Place in Global Derivatives
CoinDesk's September Exchange Review put Gate's derivatives volume at $396.4 billion, up 38.2% month-on-month. The increase moved Gate past Bybit into third place worldwide, behind Binance and OKX. The exchange's derivatives market share rose about 1.6 percentage points to 10.1% — the largest gain among leading exchanges — and Gate ranked third in RWA perpetual futures with a 9.1% share.
Spot activity grew alongside derivatives. Spot volume reached $48.8 billion (+21.9%), average daily volume was about $15 billion, and the user base passed 61 million. Gate also received a Grade A in the CoinDesk Data Exchange Benchmark.
The review highlighted the launch of Stock Event Contracts, which offer 5- and 15-minute Up or Down trades on MU, SNDK, SKHYNIX and Unitree Robotics with no leverage or margin. Other items it noted were the Gate Money app, the Visa-backed Gate Card, the on-chain tool Trenches, and a Q3 burn of nearly 2 million GT, bringing the cumulative total to roughly 192 million.
"One Gate, Everything Money"
Founder and CEO Dr. Han laid out the product direction behind those numbers in an interview published through Fortune Brand Studio, describing Gate's shift from a trading platform to a unified financial app under the banner "One Gate, Everything Money."
Gate Money, launched at TOKEN2049 Singapore, consolidates fiat, digital assets, stocks, ETFs, gold, bank accounts and payments in one account. Eligible users can open a bank account in their own name, with support planned for receiving payments in over 60 local currencies.
Dr. Han framed the logic this way: "Nobody should sell their stocks to buy a coffee." He tied the strategy to Gate's 13-year operating base, its MiCA CASP authorization in the EU and its VARA license in Dubai.
Expansion Into Traditional Assets
That push toward conventional markets continued in this week's product news. On October 13, Gate Futures' Stock Section added 10 futures: MP Materials (MP), Grayscale Zcash Trust (ZCSH), Synopsys (SNPS), Lennar (LEN), Starbucks (SBUX), Viking Therapeutics (VKTX), United Microelectronics (UMC), StablecoinX (USDEX), Lululemon (LULU) and Akamai (AKAM). The contracts support long and short positions at 1x–20x leverage, along with trading bot and copy trading features, and bring the section to 475 stocks. Gate also added BATON futures to its Meme Section at 1x–10x leverage.
Market Context and Regulation
Exchange flows. DefiLlama data shows Binance leading global centralized exchanges in 24-hour net inflows at $211.41 million. Gate ranked second with $12.21 million, a wide gap between the two.
Weekly funding recap. Gate Ventures' report for the week ended October 9 describes a split market: U.S. equity indexes rose while crypto pulled back. Bitcoin (BTC) fell 3.2%, Ether (ETH) fell 6.9% and total market capitalization declined 3.7%. The Fear & Greed Index held at 69. On regulation, the U.S. CFTC advanced its framework for event contracts, and a French parliamentary committee approved several crypto taxation proposals. Ondo Finance launched a tokenized private markets platform for eligible investors, extending tokenization into pre-IPO assets.
Disclosed funding reached $315.6 million across 15 deals, up 53% week-on-week, with 12 deals in infrastructure. The largest rounds were Spiko's $90 million Series B (tokenized cash funds) and Noah's $38 million seed (stablecoin payments infrastructure).
European positioning. Gate Europe CEO Dr. Giovanni Cunti argued in a LinkedIn post that digital assets are moving from storing and transferring value toward broader participation in economic activity. He said this requires reliable infrastructure, a sound regulatory framework and greater interoperability between financial and technological systems. Gate Europe holds a MiCA CASP authorization and a Payment Institution licence.
Multi-Asset Trading Activity
Metals. Uncertainty around the Russia–Ukraine cease-fire and rising bets on another rate hike by year-end pressured precious metals. According to CoinGlass, gold was at $4,183.22 (down 0.61% over 24 hours) and silver at $60.25 (down 1.42%). Gate's silver futures posted $124 million in 24-hour volume, ranking second in the industry, and its gold futures $363 million, ranking third. Gate's XAU open interest of $411 million also ranked second.
Crude oil. Geopolitical risk premiums kept oil volatile. WTI (CLUSDT) traded at $93.67, up 2.09% over 24 hours. Gate's CLUSDT open interest of $131 million ranks among the industry's top three, with 24-hour volume of $79.01 million. For both metals and oil, Gate points to its Metals and Commodities Perpetual Futures and CFD sections, which offer 24/7 trading with USDT settlement through the Unified Account.
Korean equities. Industrial and aviation names led Gate Stocks' gainers: Dow InSyst (+19.61%), Daehan Steel (+18.31%) and Jeju Air (+16.81%). Gate Stocks covers the U.S., Japan, Hong Kong and Korea, with more than 12,800 stocks and ETFs. It offers USDT-based access and fractional trading from 0.01 share.
Tokenized stocks. On Gate gStocks, BitGo's tokenized stock (BTGOON) rose 15.22% to $7.473. The Marvell 2x Long ETF (MVLLG) gained 11.54% to $37.32 and the Intel 2x Long ETF (INTWG) 10.16% to $23.20. gStocks uses a 1:1 native stock reserve model and supports 24/7 trading and investment from 1 USDT.
Payments
Gate Card has upgraded auto top-up to draw from four accounts (Spot, Gate Money, Simple Earn and Stocks) across 14 crypto assets and tokenized stocks. Users can set the priority order for deductions, and spending points can be redeemed for crypto, gold-related assets and tokenized stocks. Gate's earlier Visa partnership plans expansion to more than 40 markets, with Visa's network covering over 200 countries and regions and more than 175 million merchant locations.
Prediction Markets and Campaigns
For UEFA Champions League Matchday 2, Gate listed Arsenal vs. Lille (Arsenal 81%, draw 14%, Lille 6%) and Atlético Madrid vs. Manchester United (Atlético 49%, United 26%, draw 25%). Phase 8 of the Points Event closed with a 19,863.30 USDT pool, with the top trader expecting 7,448.74 USDT. Phase 9 is now live, with scratch cards, a leaderboard and a Super Lucky Prize of 88,888 PTS.
Ahead of the U.S. September core CPI release, a 2.4% year-over-year reading leads at 44%, followed by 2.5% (35%), 2.3% (10%) and 2.6% (9%). Gate Prediction Markets Points Season 9 carries a total prize pool of about $61,403, including $12,399 in points rewards and $49,003 in the Lucky Draw. The WCTC × Prediction Markets "Crypto Prophet" event, with a 30,000 USDT pool, runs until October 23 at 08:00 UTC. New users receive 10 USDT after a first qualifying trade, and 20,000 USDT is shared among volume qualifiers.
LoL Worlds. The Rift Summit Prediction Challenge runs October 14 to November 15 with a 150,000 USDT pool. It includes a 10 USDT voucher for the first 4,000 new users reaching 200 USDT in volume, 50,000 USDT in stage-based rewards, a 30,000 USDT leaderboard (5,000 USDT for first place), a 10,000 USDT Champion Predictor pool, a 10,000 USDT Finals Night compensation pool of up to 20% in vouchers, and a lucky draw for 100 users.
Red Bull Racing. After Max Verstappen's Singapore Grand Prix win, Gate launched a merchandise raffle (October 13–26) and a WCTC S9 warm-up leaderboard. Registered users with at least 20,000 USDT in eligible futures volume can compete for a 50,000 USDT pool, with up to 8,000 USDT for first place. WCTC S9 starts October 26 at 08:00 UTC, and warm-up volume does not count toward official results.
Futures Points Airdrop. Phase 154 opens October 14, 10:00–15:59 UTC, first-come, first-served. Pool 1 offers 190 WLFI for 15 Futures Points, with eligibility tiered by points balance. Pool 2 offers a 100 USDT position voucher for 20 points, with a minimum balance of 40.
Token Crew. Phase 17 runs October 14 to November 4 with a 500,000 USDT pool. Users invite friends who complete verification, a designated deposit and trading tasks, and both sides can earn up to 100 USDT per draw, with no cap on individual rewards.
Looking Ahead
On November 12 (15:30–16:30 UTC), Dr. Han will speak at The Oxford Union. Gate describes the appearance as part of its effort to bridge digital assets and traditional finance, making it the next dated public milestone identified in the article for that positioning.
Source: Metaverse Post