Gate Update: New Trading Records, Global Expansion, And A Full Slate Of Campaigns And Launches

Cryptocurrency exchange Gate has had a milestone-packed week. The platform’s staking products are setting consecutive all-time highs — ETH staking reached 192,400 ETH while SOL staking surpassed 597,500 SOL, both at competitive APRs — while its derivatives infrastructure now ranks among the top three exchanges globally by total open interest. Meanwhile, Gate’s XAUT and XAG futures secured second-place rankings worldwide, and its natural gas futures topped the global open interest chart. These achievements point to a platform consolidating its position not just in crypto, but across traditional financial asset classes. Here is a look at the full range of developments Gate shared this week.

Staking at Record Highs

Gate’s ETH Staking product has reached a new all-time high for three consecutive days, currently standing at 192,400 ETH with a reference APR of 4.31%. Users who stake receive equivalent GTETH assets and benefit from instant redemption. Similarly, SOL Staking has surpassed 597,500 SOL with an APR of 8.50%. Other available staking options include GUSD (3.00%), BTC (2.67%), and USDT (5.42%).

On top of staking, Gate GUSD total minting has exceeded 171 million. Combined participation in the active Launchpool CTR campaign — which offers a 9.68% APR for the GUSD pool — can bring the total annualized yield to 12.68%, illustrating a dual-yield model designed to maximize capital efficiency.

TradFi Expansion and Global Rankings

Gate’s presence in traditional financial markets continues to grow. According to CoinGlass data, Gate’s XAUT futures open interest stands at approximately $162 million, ranking second globally, while XAG (silver) futures open interest reached $120 million, also second worldwide. In the energy sector, Gate ranked first globally in natural gas (NG) futures open interest at $488.7K, with a 94.7% surge in 24-hour market volume.

Across crypto derivatives broadly, Gate recorded $11.598 billion in 24-hour total open interest, placing it behind only Binance and Bybit globally, according to DefiLlama data. In ETH markets specifically, Gate ranked among the top three globally in both spot and futures trading volume. The platform has now listed more than 130 U.S. stock-related perpetual futures and over 430 CFD contracts, with 24/7 USDT-settled access to stocks, metals, forex, indices, and commodities.

Semiconductor stocks are seeing particular traction: Gate’s 24-hour futures trading volume for Micron (MU) hit $15.15 million and Sandisk (SNDK) reached $11.23 million, both ranking among industry leaders. NVIDIA (NVDAX) perpetual futures recorded $4.6 million in 24-hour volume and $3.42 million in open interest, ranking first globally.

New Listings and ETF Launches

Gate listed QAIT (QAIT) spot trading on May 28, followed by Convert trading an hour later, accompanied by a $100,000 QAIT VIP Airdrop campaign. Gate ETF also launched LAB3L/3S and OKB3L/3S leveraged token pairs on May 28, bringing the total number of supported ETF products to 350. A concurrent trading challenge runs through June 6, offering a 50,000 USDT prize pool with daily check-in rewards and volume-based distributions.

Active Campaigns Across the Platform

Several user-facing campaigns are currently live:

Convert Scratch & Win (May 26 – June 2) lets users make convert trades from just $1 with zero fees, unlocking draws for meme coins, ETH fragments, and up to 500 USDT cash. A parallel New User Convert Rewards campaign offered new users a 2 USDT cash reward plus mystery boxes worth up to 500 USDT.

Gate Alpha Hot Token Trading Competition Phase 40 launches May 30, featuring a $50,000 airdrop pool for trading $PAYNE and other designated tokens. The dual reward structure covers both referred and non-referred users, with real-time reward distribution.

Gate DEX is running two simultaneous newcomer competitions: the On-chain Rookie Swap Debut Contest (through June 11) for first-time Gate Swap users on EVM-compatible networks, and the Meme Rookie On-chain Bootcamp(through June 12) focused on the SOL network’s Meme pairs. Both events reward the top 500 qualifiers with fixed prizes based on trading volume.

Polymarket Predictions and Macro Sentiment

On Gate Polymarket — the first CEX to integrate Polymarket — the probability of Bitcoin exceeding $90,000 in 2026currently sits at 52%, while downside risk remains priced in, with a 50% chance of falling below $55,000. Separately, WTI crude oil is predicted to hold above $85 by end of May with a 56% probability, reflecting cautious but constructive energy market sentiment.

On-Chain Activity and Institutional Infrastructure

On-chain monitoring data revealed that over 453,486 HYPE tokens, worth approximately $25.18 million, were withdrawn from Gate’s hot wallet over the past ten days, drawing attention from on-chain observers tracking platform activity.

On the institutional side, Gate has upgraded its zero-interest lending program, raising the maximum borrowing limit per client to 10 million USDT. CrossEx is set to integrate its first DEX in June, while Spot SBE and OMS 3.0 infrastructure upgrades continue to advance.

Gate US has taken a significant step in institutional fiat infrastructure with the launch of Institutional Fiat Solutions, enabling direct USD deposits and withdrawals via ACH and wire transfer natively integrated with trading accounts. Designed for businesses, funds, and professional trading firms, the solution streamlines fiat settlement following digital asset trading and improves treasury management efficiency. Gate US currently holds 35 licenses and operates across 46 U.S. jurisdictions under FinCEN registration and state money transmission licenses, further deepening its compliance infrastructure and bridging traditional finance with the digital asset ecosystem.

Payments and European Expansion

Gate Card is now accepted at approximately 130 million Visa merchants across 100+ countries, with Apple Pay and Google Pay compatibility and up to 5% cashback in BTC, ETH, USDT, or GT. A limited-time referral campaign offers rewards of up to 165 USDT.

Gate Europe will host the “Capital Social” networking event at Money20/20 Europe on June 2, bringing together 150+ professionals from fintech, OTC, and institutional trading to discuss fiat-digital integration, cross-border payments, and on-chain settlement — underscoring the company’s deepening regulatory and institutional footprint under its MiCA and PI licenses in Malta.

Finally, Gate marked Children’s Day with the launch of a limited-edition themed gift box centered around the concept of “keeping a childlike spirit.” The specially designed merchandise — including a branded yo-yo — blends childhood motifs with Gate’s visual identity and has been distributed in limited quantities to community users, VIP clients, partners, and KOLs. The initiative reflects Gate’s broader strategy of deepening community engagement through brand collaborations, seasonal campaigns, and culturally resonant activations, reinforcing long-term user connection beyond trading.

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