Gate Update: World Cup Mania And An Oil Market Shock Drive A Record-Breaking Week
In Brief
Gate hits #1 in Polymarket World Cup volume, $284M inflows, launches HK stock trading, 20% USD1 staking APR, and new airdrop campaigns.
World Cup fever has officially taken over Gate’s trading floors. As the opening matches of the 2026 tournament unfolded — the United States overpowering Paraguay 4-1, Brazil settling for a 1-1 draw with Morocco, and Sweden routing Tunisia 5-1 — Gate Polymarket rode the wave to the top of the leaderboard, ranking No. 1 globally in notional trading volume for two consecutive days. As the first centralized exchange integrated with Polymarket, Gate has turned football mania into one of its most engaged products yet.
Geopolitics delivered its own shock to the markets at the same time. Following Donald Trump’s announcement that a US-Iran agreement was “now complete,” crude oil tumbled as much as 4% on expectations that the Strait of Hormuz will soon reopen — and Gate’s oil-linked futures saw trading volume spike in response.
Adding to the momentum, Gate recorded over $284.64 million in net inflows over 24 hours, the highest of any centralized exchange worldwide, according to DefiLlama.
Beyond these headlines, it’s been a busy stretch for Gate across staking, stocks, metals, and token trading — here’s everything else you need to know.
Gate Polymarket’s World Cup Campaign Heats Up
Gate’s “Polymarket x World Cup Daily Featured Match” campaign is in full swing, with a 50,000 USDT prize pool spread across 35 featured matches throughout the tournament. Users who register and place at least 50 USDT on a designated daily match earn a flat 10 USDT prediction market voucher, win or lose. New users predicting featured matches can share an additional 10,000 USDT pool, while anyone reaching 500 USDT in cumulative World Cup prediction volume becomes eligible for a 5,000 USDT “Sunshine Prize Pool.”
To support all this activity, Gate Polymarket has rolled out a dedicated World Cup Hub featuring match schedules, team standings, and reminders for upcoming fixtures. With Brazil vs. Morocco’s draw and Sweden’s win over Tunisia now behind it, attention is turning to a packed slate — Germany vs. Curaçao, Netherlands vs. Japan, Côte d’Ivoire vs. Ecuador, Spain vs. Cape Verde, Belgium vs. Egypt, and Saudi Arabia vs. Uruguay all have markets now open. Everything is accessible via the Alpha tab using USDT from a user’s exchange balance.
Gate Stocks Launches Hong Kong Trading
Gate Stocks has expanded into the Hong Kong market, launching access to more than 1,000 HKEX-listed stocks for users on App version 8.23.5 or later. The rollout spans tech, financial services, new energy, telecoms, consumer goods, and biopharma, including names like Tencent, HSBC, Xiaomi, Meituan, BYD, and China Mobile. Trades settle in USDT, so there’s no need to open a separate brokerage account or convert funds to HKD. Hong Kong and U.S. stocks share the same account, with unified position management and trade history — though only regular trading hours are supported, with prices quoted in HKD and fees charged in USDT.
Metals Rally Pushes Gate’s XAG and XAU Open Interest Near the Top
Gold and silver extended their rally, with silver (XAG) climbing 3.26% to $70.40 after touching a 24-hour high of $70.61, and gold (XAU) up 1.67% to $4,302.40 with a high of $4,313.99. The surge translated directly into Gate’s metals futures: according to CoinGlass, Gate’s XAG futures saw $48.64 million in 24-hour volume and $73.22 million in open interest — both ranking in the global top two — while XAU futures open interest reached $149 million, also a top-two ranking worldwide. Gate’s Metals Perpetual Futures and CFD products, part of its Unified Account system, let users trade gold, silver, and platinum alongside stocks, forex, and commodities around the clock.
CRCLX and PLTRX Open Interest Take the Global Lead
Easing geopolitical tensions lifted risk appetite across the board, with gold, U.S. stock futures, and crypto all moving higher. Circle (CRCLX) gained 2.93% to $81.73, while Palantir (PLTRX) rose 2.15% to $131.49. On Gate, CRCLX futures open interest hit $4.77 million and PLTRX open interest reached $991,000 — both the highest of any platform globally, per CoinGlass. The moves underline continued momentum into stablecoin- and AI-software-linked assets. Gate Stocks more broadly offers over 10,000 U.S. equities and ETFs with fractional trading from 0.01 shares, plus VIP perks — including reduced fees and dedicated account management — for users holding at least $2,000.
Soft Staking USD1: Up to 20% APR
Gate’s limited-time Soft Staking campaign for USD1 is live, offering an estimated APR of up to 20% simply for holding USD1 in a Spot Account — no lock-up required, with a minimum of just 1 USD1. Rewards are distributed daily. The campaign builds on Gate’s broader Soft Staking program, which already covers 20 major assets including USDT, BTC, ETH, SOL, FLR, and ATOM, letting users earn passive yield across both spot and futures holdings without sacrificing liquidity.
Gate Alpha’s Hot Token Trading Competition Returns
Phase 43 of Gate Alpha’s Hot Token Trading Competition launched June 15 at 02:00 UTC, with a $40,000 airdrop pool up for grabs. The competition runs a dual rewards structure: users without a referral code earn one standard mystery box draw per 200 USDT traded (rewards from 0.19 to 7.81 GT, $20,000 pool), while referred users earn one premium draw per 500 USDT traded (0.39 to 15.63 GT, $20,000 pool). Daily draws are capped at 10, with a 40-draw lifetime limit per user. The competition spans Gate Alpha’s full multi-chain lineup, including Solana, Ethereum, Gate Layer, BSC, Base, Sui, Arbitrum, and more, with cross-chain token search built in.
Gate DEX BountyDrop: AI Auction Airdrop
Gate DEX has launched a new BountyDrop event themed around its Ai Auction feature, accessible via the Activity page in the Gate DEX App. Users who complete the listed tasks will be entered into a draw, with 3,000 winners randomly selected to share a $10,000 AUC prize pool. BountyDrop is part of Gate DEX’s broader “Discover” section, which spans 100+ blockchains and gives users an all-in-one entry point to airdrops and lucky draws.
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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.
