Door 2024 Annual Report: Transaction Volume Exceeds $3.8 Trillion, Strengthening Top 4 Market Places

In the year 2024 DoorOne of the world's leading digital assets business platforms, a year of experience of rapid growth and deep innovation. With sharp industry insights, innovative product strategies and a deep understanding of user needs, Gate has achieved record-breaking user numbers and business volumes by actively expanding its diverse ecosystem to enhance overall platform development.

Continued growth in users and transaction volume, securing 4th place in market share

According to the public report Get.ioThe total user base exceeded 20 million, with a growth rate of over 50%, and the transaction volume reached $3.8 trillion, an increase of 120% year-on-year. Spot trading volume exceeded $1.8 trillion, and contract trading volume reached $2 trillion, both showing significant growth. This reflects Gate's increasing global market penetration and the attractiveness of its products.

The platform has launched 873 new tokens throughout the year, including 437 unique initial listings, providing users with a variety of investment options. Gate performed strongly in various regional markets, particularly in Asia and Europe, with transaction volumes and user numbers growing significantly.

Driven by the Gate Launch initiative, the platform continues to introduce new features, distributing nearly $30 million worth of airdrops, with a cumulative airdrop value of more than $120 million. Additionally, Get Token (GT) has seen a nearly 300% increase in 2024, with its price reaching an all-time high of $18.667 as of January 9, 2025. These metrics highlight Gate's strong growth momentum.

Innovative products leading new markets with a business volume of more than 1 billion dollars

Gate continues to lead product innovation in 2024, particularly in the Memecoin sector. Launching dedicated Pilot and MemeBox, the platform has attracted significant user engagement in this emerging market. Since its inception, Pilot has listed more than 500 Memecoin projects and received more than $1 billion in trading volume. Additionally, a dedicated fund of $50 million has been established to support the growing Memecoin market.

The platform has increased its focus on the ecosystem. In partnership with Telegram, Gate introduced GateWallet Mini-App and Mini-App, which attracted tons of users of the ecosystem. The monthly active users of these apps have exceeded 2.55 million and 1.4 million respectively, further strengthening Gate's impact on the Web3 and Blockchain ecosystems.

Strong momentum in quantitative investment with high returns

Gate has seen significant growth in scale investment. Launched in April, the Quantitative Fund has become the industry benchmark for its low-risk, high-return strategy and flexible redemption methods, attracting high-profile investors. In its first year, the fund posted an annualized return of more than 20%, outperforming the average across major platforms.

The Gate USDT-based fund reported an annualized return of more than 40%, while the BTC-based fund achieved 25%. These impressive results significantly increased the participation of institutional investors, spot trading volume increased by 4.4 times and contract trading volume increased by 1.63 times year-on-year. The transaction volume of brokerage services has increased by 17 times.

Reserves totaling $9.566 billion: Building confidence in security and compliance

In the year 2024Gate excelled in hedge fund performance, providing a strong security framework for users. The total reserves of the platform reached 9.566 billion dollars and the reserve ratio was 123.91%, which showed an increase of 47.2% compared to the previous audit. Abundant inventory reached a historic high of $1.846 billion, an increase of 68.89%, ranking second among major platforms. The reserve ratio for major cryptocurrencies such as Bitcoin and Ethereum stood at 124.47% and 128.52%, respectively, which exceeded the industry average by 20%.

At the same time, GATE bodies continue to strengthen the compliance framework by actively expanding regulatory efforts in several regions. Gate Components has expanded its compliance presence in the Asian market with the acquisition of Coin Master. On the Malta platform, it has successfully submitted a MiCA license application and strengthened its compliance in Europe by acquiring a sharemarkets licensed facility in Cyprus. Gate entities have also completed VASP registration in Argentina and are advancing compliance initiatives in key global markets including Gibraltar, the Bahamas, Hong Kong, Singapore and the Middle East, paving the way for future global expansion.

Financial innovation to meet diverse investment needs: Gate revenue rose 185%.

Gate has achieved impressive results in financial innovation, particularly in the Gate Income product line. Get Earn's intraday funds surged 185%, reaching nearly $2 billion in USDT. The platform has added over 500,000 new users, with 205% year-over-year growth. Supporting 832 tokens, Gate offers reward pools for USDT, BTC, ETH and other major cryptocurrencies, with up to 30% additional returns.

With 665 projects worth a total of $18 billion, Gate continues to meet the diverse needs of its users. Innovative products such as on-chain stocks, dual-currency investments, and GT Mining increase the flexibility of asset management and expand investment options.

Collaborating with industry leaders to drive innovation and growth

Gate has partnered with several industry leaders to promote blockchain innovation and ecosystem development. Collaborations include strategic partnerships with Elliptic and Chinalysis to improve compliance and security, a $10 million investment in The Open Network (TON), and a $100 million Web3 innovation fund in partnership with the Abu Dhabi Blockchain Center. Other partnerships are focused on accelerating development in the Move ecosystem and more.

In order to improve platform performance and security, Gate has strengthened its cooperation with international cloud providers. Actively investing in Web3, Gate is driving blockchain innovation and ecosystem expansion, strengthening its position as a leader in the cryptocurrency industry.

In particular, Gate.io became an official sleeve sponsor for Inter, creating more market opportunities for the crypto sector.

Looking ahead: Deep global markets and driving industry innovation

In the year In 2024, Gate consolidated its leadership in the global digital asset marketing space through innovation-driven growth and diverse ecosystems. With strong trading volume and thriving innovative businesses, Gate has demonstrated strong market competitiveness and industry influence.

Looking ahead, Gate will keep innovation as a driving force, strengthen its focus on core businesses, expand into emerging markets, and advance the development and application of blockchain technology. The platform aims to provide consumers with more diverse and high-quality products and services. At the same time, Gate actively fulfills its social responsibility, using technology to bring about social progress.

Gate works together with its users and global partners to continuously improve products, optimize services and give back to the community to build a secure, transparent and open Web3 world.