Gate Update: Platform Tops Global CEX Inflow Rankings As GT Burn Surpasses $1.3B And Polymarket Hits $100M Weekly Volume
In Brief
Gate leads crypto with $231M inflows, $100M+ Polymarket volume, major GT burn, new products, and World Cup-driven trading momentum.
Gate closed the week with three headline achievements that signal its consolidating position across the global crypto landscape. According to DefiLlama data, the exchange recorded net inflows exceeding $231.44 million over the past 30 days, ranking first among all centralized exchanges worldwide. On the prediction market front, Gate Polymarket surpassed $100 million in weekly trading volume, topping all Polymarket integration channels — a milestone driven in large part by explosive user engagement around the 2026 FIFA World Cup. And on the tokenomics side, GateToken (GT) completed its Q2 2026 on-chain burn: 2,570,063 GT were destroyed this quarter, bringing the cumulative total to over 189.9 million GT — valued at more than $1.311 billion in aggregate and representing roughly 63% of the original 300 million supply.
These milestones come amid a particularly active week of product launches, market updates, and community campaigns across the platform.
World Cup Fuels Gate Polymarket Momentum
The 2026 FIFA World Cup has been a steady driver of Gate Polymarket activity throughout the week. In the Round of 32, Argentina survived a 3-2 extra-time thriller against Cape Verde, Colombia edged Ghana 1-0, and Egypt eliminated Australia on penalties. The tournament then moved into the Round of 16, where France beat Paraguay 1-0, Morocco dismantled Canada 3-0, England edged Mexico 3-2, and Norway delivered the week’s biggest shock by knocking out Brazil 2-1. Matches featuring France, Brazil, and the upcoming Portugal vs. Spain and United States vs. Belgium clashes have successively attracted the highest prediction volumes on the platform.
Gate is running a World Cup Prediction Championship with a 100,000 USDT prize pool throughout the tournament. Users can participate in daily featured-match predictions to share a separate 50,000 USDT pool — with no requirement to predict correctly. The Smart Money feature also allows users to track positions and market insights from high-win-rate traders.
Precious Metals and Crypto Markets: Gate Among Global Leaders
An unexpected miss in last weekend’s non-farm payroll data reversed a weeks-long decline in precious metals. Gold (XAU) is currently trading at $4,165.04 and Silver (XAG) at $61.94, both consolidating near recent highs. According to CoinGlass, Gate’s XAU futures open interest has reached $155 million and its XAG open interest stands at $60.94 million — both ranking among the top two industry-wide, with 24-hour volumes of $47.55 million and $30.69 million respectively.
In crypto, BTC is trading at $63,209.9 (+0.77% over 24 hours) and ETH at $1,776.68 (+0.92%). Gate’s BTC spot volume reached approximately $308 million and ETH spot approximately $188 million, with ETH futures volume at $3.198 billion — all ranking among the global top three across their respective categories.
Stocks Expansion: New Perpetual Futures and Korean Market Coverage
Gate Futures expanded its Stock Section on July 6 with the launch of six new USDT-margined perpetual futures contracts supporting 1-20x leverage: Take-Two Interactive (TTWO), KraneShares STAR Market ETF (KSTR), Bending Spoons (BSP), Caterpillar (CAT), The Wendy’s Company (WEN), and Bank of America (BAC).
As the only platform in the industry offering Korean stock derivatives, Gate continues to see strong activity in that segment. SK Hynix (SKHYNIX) futures recorded over $24.54 million in open interest — maintaining an industry-leading position — even as the stock declined 5% intraday amid broader semiconductor sector volatility. Gate Stocks now covers more than 12,500 global equity and ETF assets across U.S., Hong Kong, and Korean markets, with 24/7 trading and fractional share support from as little as 0.01 shares.
Hong Kong Equities and gStocks Campaign
Hong Kong stocks drew notable attention this week, with Fengcheng Holdings surging 26.66%, Zhida Tech gaining 23.84%, and China Huajun rising 20.53% in a single session — reflecting continued market interest in high-beta HK names. Gate Stocks supports access to more than 1,500 HK-listed equities within its unified account infrastructure.
To encourage adoption of its tokenized stock product, Gate launched the gStocks Holding Accelerator Plan running from July 6 to July 20, with a $60,000 reward pool. First-time gStocks buyers of at least 50 USDT who hold for over 72 hours receive a 5 USDT newcomer bonus (available to the first 2,000 eligible users). An additional $50,000 pool is distributed proportionally based on average daily holdings, with a multiplier of up to 2x for users hitting designated cumulative trading thresholds. Individual rewards can reach up to 10,000 USDT in gStocks.
Gate Alpha Phase 48 and World Cup Community Initiative
Gate Alpha launched Phase 48 of its Hot Token Trading Competition on July 6, featuring a $40,000 airdrop pool. The event uses a dual mystery-box mechanism: standard registrants receive one box draw per 200 USDT in volume (0.18–7.58 GT per draw), while referral-code users receive a premium draw per 500 USDT (0.38–15.15 GT). Draws are capped at five per day and twenty total. Gate Alpha now supports 14 public blockchains including SOL, ETH, Gate Layer, BSC, Base, and SUI.
On the community side, Gate unveiled a limited-edition World Cup Final Crayfish Gift Box ahead of the tournament’s closing match — a seasonal package combining football fandom with a summer feast tradition, to be distributed to community members, VIP users, partners, and KOLs. The initiative is part of Gate’s broader strategy of pairing major sporting events with community-building activations.
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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.
