Gate Update: Metals Derivatives Surge, Staking Reaches New Highs, And 20 Product Upgrades Transform The Platform
In Brief
Gate’s biggest week: record ETH & SOL staking, metals derivatives leadership, 53 new CFD pairs, prediction market AI upgrade, VIP rewards & 20 platform updates.
The past week at Gate was defined by two clear themes: the consolidation of its position as a leading multi-asset trading platform, and a wave of product upgrades spanning prediction markets, staking, copy trading, and TradFi derivatives. Gold futures open interest reached approximately $150 million and silver approached $123 million, placing Gate among global leaders in precious metals derivatives. Meanwhile, index futures made headlines with US30 open interest surging 891% in just four hours to rank first across the entire market. These aren’t marginal TradFi experiments — they signal a platform cementing itself as genuine multi-asset financial infrastructure. Here is everything that happened this week.
Precious Metals Trading Dominates Headlines — Twice
Gold (XAUT) reached a 24-hour high of $4,552.50 and silver (XAG) hit $76.98, with Gate’s futures open interest in both assets ranking among global leaders. A separate update later in the week confirmed XAUT open interest at approximately $147 million (top three globally) and XAG at roughly $120 million (second globally), underscoring the platform’s growing liquidity advantage in precious metals derivatives.
US30 Index Futures Surge 891% in Four Hours
Gate’s US30 perpetual futures recorded an open interest jump of 891.39% over a four-hour window, reaching $3.78 million and ranking first across all platforms tracked by CoinGlass. Gate holds the distinction of being the first exchange globally to launch index perpetual futures using major global and volatility indices as underlying assets, with USDT settlement and 24/7 trading.
Crude Oil Futures Remain Highly Active
WTI crude oil (CL) traded at $102.22, up 0.73%, while Brent (BZ) stood at $105.50, up 0.38%. Gate completed a rebranding of its crude oil perpetual contracts this week — XBR renamed to BZ and XTI renamed to CL — while keeping underlying assets and trading rules unchanged. Gate’s BZUSDT futures recorded $6.09 million in open interest, ranking among global leaders.
SOL and ETH Staking Both Hit Record Highs
Gate’s SOL Staking surpassed 570,000 SOL with a reference APR of 8.50%, while ETH Staking reached a record 177,100 ETH at up to 4.20% APR. Both products issue equivalent staked assets (GTSOL and GTETH respectively) and support instant redemption. Other available yields include BTC at 2.67%, USDT at up to 6.10%, and up to 100% APR for new GUSD users.
Prediction Market Receives Major Upgrade
Gate App v8.19 brought a comprehensive overhaul to its Prediction Market. The revamped leaderboard now features “Smart Money” and “Whale” labels, PnL curves, and historical position displays. A new “Top Holders” module adds capital flow visibility, while AI-powered analysis and Quick Trade functionality serve high-frequency trading scenarios. Gate remains the first CEX integrated with Polymarket and consistently ranks in its top three partner channels.
Ethereum May Price Expectations Cluster Around $2,000
Gate’s prediction market data shows a 56% probability of ETH reaching $2,000 in May, making it the mainstream expectation. The probability of dropping to $1,800 stands at around 13%, while the chances of reaching $2,600 or $1,600 are both approximately 4%, reflecting limited market appetite for extreme price moves.
MetaMask FDV Expectations Remain Divided
In the Gate prediction market event tracking MetaMask’s post-launch FDV, market expectations are highly fragmented. The probability of FDV exceeding $100 million leads at 46%, while $300 million and $500 million both sit around 41%. Chances of surpassing $1 billion stand at 21%, and $2 billion at just 10%, reflecting significant uncertainty around MetaMask’s valuation potential.
New Listings: Warden Protocol and Zest Protocol
Gate was first to list both Warden Protocol (WARD) and Zest Protocol (ZEST) this week. WARD launched spot and Convert trading on May 18. ZEST followed on May 19, accompanied by the 340th HODLer Airdrop offering 300,000 ZEST to users holding at least 1 GT, plus Simple Earn and CandyDrop campaigns with a combined 2,500,000 ZEST prize pool.
CFD Stock Section Adds 53 New Pairs
Gate’s CFD Contracts Stock Section expanded with 53 new trading pairs including GameStop (GME), Estée Lauder (EL), Harley-Davidson (HOG), Hilton Worldwide (HLT), and Prologis (PLD), all supporting 4x fixed leverage. The accompanying New Token Airdrop Phase 4, running through May 29, offers new registrants 300 USDT and access to a shared 900,000 USDT prize pool.
Five New Perpetual Futures Contracts in the Stock Section
Gate Futures launched perpetual contracts for DRAM (Roundhill Memory ETF), HIMS (Hims & Hers Health), SHLD (Global X Defense Tech ETF), IWM (iShares Russell 2000 ETF), and FLNC (Fluence Energy) on May 18, all supporting 1–20x leverage with USDT margining.
Copy Trading Volume Grows for Two Consecutive Weeks
Gate’s daily Futures Copy Trading volume rose 45.1% week-over-week, maintaining growth above 40% for two consecutive weeks. As the first platform to launch CFD Copy Trading, Gate’s ecosystem now spans crypto futures, metals, forex, indices, and U.S. equities. Lead traders earn up to 20% profit-sharing under a High-Water Mark mechanism.
Alpha Hot Token Competition Phase 38 Launches
Gate Alpha’s Hot Token Trading Competition Phase 38 launched May 18 with a $50,000 airdrop pool and a dual reward mechanism. Users without a referral code earn rewards for every 200 USDT traded; referred users unlock premium boxes per 500 USDT traded. The competition runs across 14 supported blockchains including SOL, ETH, BNB Chain, Base, and SUI.
VIP Trading Dividend Campaign and Expanded Lifestyle Perks
Gate launched a VIP Trading Dividend campaign from May 18 to June 17, reserving a $100,000 cash prize pool for VIP5 and above users based on Dividend Shares earned through Futures, CFD, and Spot trading. Beyond trading rewards, the VIP ecosystem now includes monthly whisky airdrops, Cartier accessories, Chow Tai Fook gold jewelry giveaways, and exclusive matchday experiences at Inter Milan’s home stadium.
On-Chain: $23.73 Million HYPE Transferred to Gate
On-chain data recorded a transfer of 499,900 HYPE — valued at approximately $23.73 million at the time — from a Hyperliquid system address to a Gate address on May 19, attracting notable attention from the on-chain analytics community.
April 2026 Transparency Report: Platform Scale and Ecosystem Growth
Gate’s April Transparency Report highlighted a platform serving over 53 million users with 4,600+ listed assets, 430+ CFD instruments, and 70+ tokenized stocks. Gate Layer processed over 36.3 million transactions, up 11% month-on-month. Simple Earn TVL peaked near $1.8 billion, GUSD supply grew to over $190 million, and Gate joined the Mastercard Crypto Partner Program to deepen stablecoin payments and cross-border settlement capabilities. In Q1 2026 alone, approximately 2.56 million GT were burned, bringing cumulative burns to over 187 million tokens — roughly 62% of the initial supply — reinforcing GT’s long-term scarcity profile.
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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.
