Gate Update: Gate Heads To TOKEN2049 With A New Product Reveal As CMO Predicts The End Of ‘Crypto Exchanges’
Gate is entering a busy week in Singapore. On October 8, during TOKEN2049 Singapore 2026, the exchange will hold a press conference at Raffles Singapore, where Founder and CEO Dr. Han is expected to present a new product and Gate’s development roadmap. He will explain the product’s background and positioning, discuss the next phase of financial services, and take media questions on business development, product direction, and industry trends. The same day, he will deliver a keynote on the TOKEN2049 main stage, and Gate will host a booth, a lounge, and the Gate Gala Awards Dinner.
A sharper remark came earlier from CoinFerenceX, where Gate CMO Kyle Chiu spoke on the closing panel “The Next Cycle: Bold Predictions for 2027” on October 6. Chiu argued that as the industry converges with stocks, payments, and other financial services, the “crypto exchange” category will disappear. In his words: “By 2027, the category of ‘crypto exchanges’ will cease to exist. There will only be exchanges.”
Gate’s recent product activity points the same way. On October 3, Gate Pre-IPOs ran the third unlock for its SpaceX (SPCX) product, distributing listed-company shares directly to users’ Gate stock accounts. Gate describes itself as the first platform in the industry to support Pre-IPO share unlocks with direct distribution. Below is the rest of the week’s news.
Singapore: F1 Hospitality Alongside TOKEN2049
Alongside the conference program, Gate will host “RACING THE FUTURE Vol 3” at the Singapore F1 circuit on October 8. The invite-only event brings VIPs and high-net-worth clients together with Laurent Mekies, CEO and Team Principal of Red Bull Racing. Mekies will discuss the team’s strategy, race operations, and behind-the-scenes stories. Gate is an official sponsor of Oracle Red Bull Racing and presents the event as part of its effort to link digital assets with global sports and mainstream culture. It will also hold a fan meetup at the Gate Lounge with Max Verstappen and teammate Isack Hadjar, featuring signings and photos.
Market Data: Net Inflows and the GT Burn
Gate appeared twice in DefiLlama’s 24-hour net inflow rankings for centralized exchanges. In one snapshot, Gate ranked first with about $46.03 million, ahead of Bybit ($44.38 million) and Crypto.com ($37.66 million). In a later one, Binance led with $63.25 million, followed by Gate ($44.14 million) and Bitfinex ($37.52 million).
Gate also completed its Q3 2026 on-chain burn of GateToken (GT). A total of 1,987,321.2431520 GT, valued at over $22.35 million, was sent to the burn address. Cumulative burns now stand at 191,934,541 GT, worth more than $1.504 billion at quarterly average prices. That has cut total supply by about 63.98% from the initial 300 million. GT is the native asset of Gate Chain, used for gas fees and on-chain transfers. The announcement noted price gains of 32.49% over 30 days and 63.63% over 90 days. It also cited more than 61 million users, over 5,300 listed crypto assets, and more than 12,800 stocks and ETFs. GT’s utility is expected to expand with Gate Perp DEX, Gate Fun, and Gate Meme Go.
Europe: MiCA Compliance and Liquidity
Gate Europe is leaning on its regulatory position as the EU’s MiCA transitional period has ended. According to U.Today, it obtained MiCA authorization before the July 1 deadline and now serves the European Economic Area through passporting. From June 16 to September 22, it added at least 68 spot pairs, bringing its offering to roughly 190 assets and 382 pairs. The article, citing CASP Tracker, noted that as of September 28, 84 of the world’s 100 largest exchanges still lacked MiCA authorization.
On September 15, Gate Europe passed a PCI DSS v4.0.1 Level 1 assessment covering Gate Connect and Gate Card. CEO Dr. Giovanni Cunti said security and compliance are central to trusted payment services in Europe. Liquidity also improved. Between September 14 and 27, order-book depth within 0.1% of the mid-price rose about 14% for BTC/USDC (to $1.32 million) and about 12% for ETH/USDC (to $555,000). DefiLlama’s MiCA exchange data put Gate Europe’s spot depth within 2% of the mid-price at $15.9 million, ahead of other platforms in the same period.
BeInCrypto’s guide to European trading platforms also named Gate Europe among the options suited to low-cost spot trading and EUR access. It cited MiCA authorization from the Malta Financial Services Authority, a standard 0.1% spot fee, SEPA transfers, and USDT-to-USDC migration support. Gate Europe holds both MiCA and Payment Institution licenses.
Products and Promotions
Gate listed three new futures products with trading bots and copy trading, all with 1–10x leverage:
- HOOKED: a MEME launchpad supporting programmable trading rules.
- HOOKR: the utility token of Hookr.fun, a programmable token issuance protocol on Robinhood Chain.
- AGENCY: a USDT-margined perpetual for a Solana-based launchpad that equips token launches with AI agents and automated vaults.
Launchpool staking rates have moved between updates. The pool for GT rewards totals 18,400 GT, split evenly between ETH and BTC pools. In the earlier snapshot, ETH offered 5.31% APR with about 15,682 ETH staked, and BTC offered 3.15% with about 868 BTC staked. In the later one, ETH fell to 4.28% (about 19,711 ETH) and BTC to 3.00% (about 968 BTC). The CT Launchpool, with 1,000,000 CT in rewards, showed CT staking APRs of 123.49% and then 92.79%, while its USDT and GT pools offered 7.69% and 4.91%, then 5.98% and 3.38%. The XAUT Launchpool ranged from 6.32% to 7.45% for USDT, 10.96% to 11.18% for XAUT, and 6.56% to 6.81% for GT. The LAPTOP pool offered the highest rates, at 270.83% and then 284.46% for LAPTOP staking, with its BTC pool near 2%.
Gate Futures Points Airdrop Phase 150 was open for redemption on October 5, 10:00–15:59 UTC, on a first-come, first-served basis. One pool allowed users to exchange 15 Futures Points for 0.016 QQQG. The other, for users with at least 40 points, offered a 100 USDT position voucher for 20 points. Rewards were expected within about an hour of redemption.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
