Exchange shifts under liquidity pressure, Gate's full-asset deployment shows initial results

According to the latest in-depth report by ChainCatcher, as liquidity in the crypto market continues to be under pressure and activity in native asset trading declines, more and more exchanges are turning their attention to on-chain and derivative trading of traditional assets such as metals and U.S. stocks. Among them, Gate is gradually demonstrating its platform advantages in this round of “full asset competition” thanks to its early implementation, comprehensive product ecosystem, and leading trading activity.

Data from Coinglass shows that during recent metal price corrections and fluctuations, the 24-hour trading volume of Gate XAUT contracts remained stable between $300 million and $500 million, ranking among the top globally for similar assets. Additionally, Gate has maintained high trading engagement during the crypto spot market downturn through initiatives like TradFi launch celebrations and trading incentives. Its strategy leans more toward a “long-term retention” approach with full asset expansion.

ChainCatcher believes that as the industry gradually shifts from a “crypto narrative internal cycle” to a new phase of “on-chain global assets,” the core of exchange competition is no longer just about the speed of listing new assets, but whether they can find a balance between regulatory compliance, liquidity onboarding, and risk management. Based on current progress, Gate is in a more advantageous position within this structural shift and is expected to continue amplifying its first-mover advantage in the next phase of integration between TradFi and the crypto market.