NewsMacroGate Update: 667% Spot Volume Growth, 37 U.S. State Licenses, and a Full Week of Launches

Gate Update: 667% Spot Volume Growth, 37 U.S. State Licenses, and a Full Week of Launches

Author: Metaverse Post·

Key Takeaways

  • Gate posted 667% growth in 30-day spot trading volume, the fastest among major exchanges, with daily spot volume reaching roughly $5.1 billion on August 21.
  • Gate US secured a Massachusetts Money Transmitter License, bringing its total U.S. state-level authorizations to 37 and extending service coverage to 47 states and territories.
  • Gate's 24-hour futures open interest surpassed $11.47 billion, ranking among the top three centralized exchanges, while its 30-day perpetual futures volume grew 305%.
  • A crude oil price rally drove Gate's BZUSDT futures volume up 350.98% to $22.38 million, the industry's leading growth rate, alongside a 138.41% increase in WTI futures volume.
  • Gate listed EMBER and CATE perpetual futures plus STONK spot trading, expanded Launchpool pools for MCAT, CP, and the upcoming FOLD, and completed USDT dividend settlements for 106 U.S. equities.
Gate Update: 667% Spot Volume Growth, 37 U.S. State Licenses, and a Full Week of Launches

Gate closed the week with a series of developments spanning market activity, regulatory standing, and product breadth. According to CryptoQuant's September Volume Comeback report, Gate was the fastest-growing major platform by 30-day spot trading volume, with growth reaching 667% — well ahead of competing exchanges. Daily spot volume hit approximately $5.1 billion on August 21, placing the exchange third across the market. The gains arrived within a broader industry volume recovery documented in the same report, making Gate's relative growth rate the standout figure.

On the regulatory front, Gate US secured a Massachusetts Money Transmitter License, bringing its total U.S. state-level authorizations to 37 and extending service coverage to 47 states and territories. Money transmitter licensing at the state level is the standard regulatory pathway through which crypto platforms serve U.S. customers, so each approval maps directly to where an exchange can legally operate.

Macro market conditions also put Gate's commodities derivatives in focus. A sharp rally in international crude oil prices drove BZUSDT 24-hour futures trading volume up 350.98% to $22.38 million, ranking first in the industry by volume growth rate, while WTI futures (CLUSDT) recorded a concurrent 138.41% increase in volume. Here is a full account of the week's announcements.

Derivatives Scale and Open Interest

DefiLlama data places Gate's 24-hour futures open interest above $11.47 billion, ranking the exchange among the top three centralized exchanges. The same CryptoQuant report that documented the spot volume recovery also recorded Gate's 30-day perpetual futures volume growth at 305%, ranking third among major exchanges, as daily perpetual futures volume across the market approached $336 billion on August 21 — the highest level since March. Read together, the spot and derivatives figures show growth on both sides of Gate's trading business within the same measurement window.

New Listings: EMBER, CATE, STONK

Three assets entered Gate's trading environment this week. EMBER and CATE both launched as USDT-M perpetual futures: EMBER with 1–10x leverage, and CATE with a wider range of up to 1–20x. Both listings come with Trading Bots and Copy Trading support, wiring the new assets into the exchange's automation tooling from the first day of trading. On the spot side, STONK/USDT went live on September 14, with Convert trading and withdrawals opening within 24 hours.

Launchpool: MCAT, CP, and Upcoming FOLD

Gate's Launchpool has active pools and one opening shortly. The MCAT pool distributes 2 million MCAT in total rewards (approximately 842,000 USDT), with APRs currently reaching 1,601.33% in the MCAT staking pool. The CP pool offers 5 million CP in rewards (approximately 64,000 USDT), with APRs reaching 53.67%. A third pool for FOLD — offering approximately 2.03 million FOLD (approximately 94,800 USDT) — is set to open soon, with estimated APRs reaching 158.71% for the native token staking pool. Staking pools of this kind are a common mechanism through which exchanges distribute newly launched tokens to users, and the FOLD opening marks the next scheduled addition to the lineup.

Prediction Market: Big Five Leagues and Season 4 Close

Gate's Prediction Market is running its Big Five Leagues hub this week, with fixtures including Leeds United vs. Newcastle United (Premier League), Villarreal vs. Real Betis (LaLiga), and Inter vs. Udinese (Serie A). Event Points Season 4 closes today at 10:00 UTC with a total prize pool of 27,499 USDT — including a 21,999 USDT Points Pool — and the top leaderboard participant eligible for 8,249.7 USDT. Season 5 launches upon settlement. Separately, the Trading Rewards Campaign, which offers scratch cards for qualifying daily trading volume of 200 USDT, continues until September 22, keeping a dated incentive calendar in place alongside the seasonal reset.

Stock Trading: U.S. Dividends and Japanese Equity Activity

Gate's stock platform completed automatic USDT dividend settlements for 106 U.S. equities this week, covering holdings with payment dates from September 8–11. The distributions spanned sectors including technology, energy, healthcare, and financial services, with Microsoft, Johnson & Johnson, Exxon Mobil, Chevron, Eli Lilly, and Walmart among the eligible names. Because the payouts settle in USDT, traditional equity corporate actions flow through the platform's crypto-denominated settlement system.

On the Japanese side, Gate's coverage of approximately 300 Japanese stocks saw active trading on September 14, with Land Co. (8918) rising 10.00%, Kobe Bussan (3038) up 6.35%, and SHIFT (3697) gaining 6.05%. Gate's total global equity and ETF coverage now exceeds 12,800 assets across U.S., Japanese, Hong Kong, and South Korean markets, with Zero-Fee Mode available for U.S. stock trading and fractional share purchases supported from 0.01 shares — a footprint that extends the platform beyond crypto-native products into four equity markets.

The full weekly roundup was published by Metaverse Post.