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Gate's spot market growth rate ranked first globally, and its derivatives market growth rate ranked second globally.

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Huoxun Finance reported on October 10th that CoinDesk's latest monthly report shows that Gate's spot market share has seen the largest growth among major global exchanges since the beginning of the year, increasing by 2.87%. Gate's spot trading volume increased by 20.1% to $117 billion in September, a new annual high, and its spot market share increased by 1.35% month-over-month to a record high of 5.47%. Gate also performed strongly in the derivatives market. The report noted that Gate's derivatives market share increased by 1.11% to 11.3% in September, ranking second globally after Coinbase International, demonstrating strong market expansion and innovation. CoinDesk noted that Gate's simultaneous growth in both its core spot and derivatives markets reflects the continued effectiveness of its All in Web 3 strategy and further solidifies its leading position in the global crypto exchange landscape. Gate's global user base has recently surpassed 40 million. The platform is actively expanding into new businesses, launching the second-layer network GateLayer, the decentralized perpetual contract trading platform GatePerpDEX, the on-chain launch platform GateFun, and MemeGo, a full-chain Meme coin real-time trading and monitoring platform. These efforts are continuously improving Gate's ecosystem and enriching its All-inWeb3 strategy. Furthermore, Gate's compliance efforts continue to expand. Recently, Gate Technology Ltd, a subsidiary of Gate, received a MiCA license under the supervision of the Malta Financial Services Authority (MFSA). GateUS has obtained 30 money transmitter licenses, maintaining compliant operations in 40 US jurisdictions. This series of initiatives not only demonstrates Gate's commitment to global compliance but also lays a solid foundation for its continued stable development in diverse markets.
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