The Gate November 2025 Transparency Report highlights substantial operational growth and an expanding compliance footprint, reporting $163 billion in single-month spot trading volume and a 124% reserve ratio covering roughly 500 asset types. The disclosure positions these results within a strategy to fuse centralized services with proprietary Layer 2 infrastructure while securing cross-jurisdictional approvals for a full-stack Web3 ecosystem.
Scale, liquidity and user reach
Gate recorded a 39.1% month-on-month increase in spot volume, lifting its global spot market share to 6.04% and sustaining a derivatives market share that places it fourth globally at 10.5%. With more than 46 million registered users across 224 jurisdictions and over 4,100 listed assets, the platform presents liquidity depth and user reach as the commercial foundation for its on-chain services.
Gate Layer, the group’s Layer 2 blockchain launched in late September 2025, has surpassed 100 million on-chain addresses and processed 15.9 million cumulative transactions. Built on the OP Stack with a native gas token, the Layer 2 network is described as processing thousands of transactions per second with sub-cent fees to support decentralized applications and token issuance.
Decentralized trading and creator tools on Gate Layer showed early traction. The decentralized perpetual futures platform reported more than $10 billion in monthly volume, offering tokenized stock perpetuals and hundreds of markets with up to 125x leverage, while Gate Fun—a zero-code token launchpad—drove nearly 50% month-over-month growth in token creation and Gate Swap pools exceeded $6 million in monthly volume. Participation programs such as Launchpool, HODLer Airdrop and CandyDrop engaged over 370,000 users, with Launchpool accumulating $826 million in total staking.
Dr. Han of Gate Group summarized the creator focus by stating that “Creators should not wait weeks to ship. Gate Fun lets them transform creativity to crypto assets in just 1 second, and reach liquidity where users already are.” This messaging frames Gate Fun and the surrounding tooling as a core on-ramp for creators into Gate’s liquidity and user base.
The report emphasizes a compliance-first strategy as central to Gate Group’s expansion. Entities in the group obtained MiCA authorization from Malta’s regulator in September 2025, completed registration with AUSTRAC in Australia, and cited additional authorizations or registrations in the Bahamas, Japan and Dubai as strategic market entries supported by active engagement with local regulators and industry stakeholders.
The disclosure links regulatory permissions directly to product rollout and market access, presenting governance and licensing as integral to the “All in Web3” roadmap and the broader Vision 2026 objectives. Gate positions formal approvals as a precondition for scaling its integrated Web3 stack across multiple jurisdictions.
Gate reports a 124% reserve ratio for client assets and applies CEX-grade risk controls across its on-chain and off-chain businesses. The report cites audited smart contracts for on-chain settlements, real-time liquidation engines, funding rate mechanisms, an insurance fund for tail-risk protection and anti-rug protections such as liquidity-pool locks and renounce controls for newly issued tokens as key mitigants to operational and systemic risk.
The November report presents Gate as pursuing parallel tracks of scale, product diversification and regulatory legitimacy under a single ecosystem strategy. For custodians, issuers and compliance teams, the key implication is an evolving operational baseline where exchange liquidity, on-chain settlement and formal authorizations are coordinated within one integrated Web3 platform.
