Gate’s share of October spot trading rose even as the centralized-exchange spot market contracted, while its derivatives volume put it third worldwide with $394 billion.
Gate’s spot trading totaled $49.8 billion, up 2.1% from September. Centralized exchanges together recorded 9.7% less spot volume than in September; among leading exchanges, volume declined 12.3%.
On one spot-share measure, Gate reached 4.86%, up 0.56 percentage point. In a separate calculation covering leading exchanges, its share was 6.97%, a one-percentage-point increase that ranked second-largest worldwide. The figures describe different share measures.
Derivatives trading on centralized exchanges totaled $3.87 trillion, down 1.7%. Gate placed third worldwide with $394 billion in derivatives volume, roughly $16 billion above Bybit. Its 10.2% share of derivatives volume also put it third among retail-oriented exchanges.
