Gate’s November 2025 Transparency Report highlights accelerated adoption across trading and on-chain infrastructure, centering its narrative on sharp growth in spot volume and Layer-2 activity. The report frames a single-month spot volume of $163 billion and Gate Layer surpassing 100 million wallet addresses within two weeks as evidence of both market demand and rapid onboarding under its full-stack Web3 strategy.
Trading performance and liquidity profile
The report describes a concentrated improvement in order flow and market execution, with spot trading volume reaching $163 billion and lifting Gate’s global spot market share to 6.04%, the largest percentage increase among centralized exchanges for the month. Derivatives activity remained a core pillar, with a reported 10.5% market share placing Gate among the top four platforms globally for open interest.
Independent benchmark scores are highlighted to support the liquidity and execution narrative, citing an AA rating for derivatives and an A rating for spot, with full marks on market quality indicators. Gate reports approximately 46 million global users and a listings catalog of more than 4,100 digital assets, positioning breadth of users and markets as a key component of its liquidity story.
Gate positions its Layer-2 network and on-chain products as primary levers for scaling ecosystem interactions. Gate Layer is reported to have exceeded 100 million on-chain addresses and 15.9 million cumulative transactions, with the network described as a Layer-2 protocol that increases throughput and lowers costs by building on a base blockchain.
Decentralized product metrics are presented as evidence of diversified flows across the on-chain stack. The Gate Perp DEX decentralized perpetual exchange is reported to have surpassed $10 billion in monthly volume, while Gate Swap liquidity pools crossed $6 million in monthly volume following a 49.9% month-over-month rise in token creation. Creator and user-engagement mechanisms attracted more than 370,000 participants and distributed over $1 million in rewards, with Launchpool projects accounting for $826 million in staked assets and Gate Earn recording average daily active participants of 357,400, cumulative subscriptions of $4.563 billion and a TVL of $1.337 billion across staking and yield products.
For institutional and high-net-worth flows, the report highlights product tuning and risk-managed yield strategies. The private wealth minimum was reduced to 500,000 USDT, while the Quant Fund’s USDT strategy returned 1.9% for the month and an arbitrage strategy delivered an annualized 5.5% with low drawdown, which the report uses to illustrate differentiated yield profiles compared with spot-market volatility.
Regulatory milestones are described as the foundation for sustained rollout of these products across jurisdictions. Gate Information Pty Ltd completed AUSTRAC registration in Australia and the Malta-based entity obtained a MiCA license under MFSA supervision, alongside listed approvals or registrations in Malta, the Bahamas, Japan, Australia and Dubai.
Community and brand initiatives are positioned as complementary to the core metrics. Gate Square reportedly surpassed 1,000 KOL creators and the firm conducted multiple offline events and strategic partnerships to extend institutional and retail engagement around its ecosystem.
The November report ultimately presents Gate as an exchange integrating high-throughput on-chain infrastructure with diversified product flows while advancing cross-jurisdictional compliance. For product teams and compliance functions, the stated implication is that sustained monitoring of volume, user activity and regulatory positioning is essential to assessing the durability of Gate’s full-stack Web3 approach.