Gate's Q1 Report Card is Out: Multiple Metrics Hit All-Time Highs, Continuing to Lead the Crypto Market

Leading global digital asset platform Gate recently released its Q1 2025 Transparency Report, according to which the platform achieved comprehensive breakthroughs in multiple business areas, with core business metrics reaching new highs, a comprehensive security system upgrade, continuous enrichment of the product matrix, and accelerated global strategic advancement, demonstrating strong development momentum and a solid foundation for market growth.
Comprehensive Growth in Trading Business, Contract Trading Volume Up About 31% Month-on-Month
In Q1 2025, Gate continued its outstanding performance as an industry leader, achieving significant breakthroughs in user growth and trading volume. The platform's user base continued to expand, demonstrating Gate.io's strong appeal in the market and sustained growth momentum.
The contract business saw explosive growth, with both the number of traders and trading volume surging significantly, with a 31% increase in trading volume compared to the previous quarter. In terms of spot trading, the platform launched over 200 new coins, continuing to demonstrate its leading advantage in coin selection and listing efficiency, providing users with a more diverse and high-quality investment selection.
Gate also introduced a new "Refer to Earn" referral incentive program, combining social media with interactive gameplay to achieve a positive cycle of user growth and trading conversion, helping the platform's community ecosystem continue to expand.
GT Continues to Shine, Reaching a Historic High of $25.96
This quarter, Gate's platform token GT showed strong performance, hitting new highs multiple times, reaching a historic peak of $25.96 on January 25, 2025, representing a nearly 70% increase from the beginning of the year. As the native utility token of GateChain and the gas fee payment token, GT supports the underlying transfer system of GateChain. In addition, GT holders can enjoy exclusive benefits such as new coin airdrops, new coin mining, and GT mining.
Since the launch of GateChain in 2019, GT has been subject to a burning mechanism, reducing the total supply by about 60% from the initial 300 million tokens, reflecting Gate's commitment to GT's deflation and persistence, and providing strong support for GT's long-term value. As of now, the cumulative amount of GT burned has reached 177,089,412.23 tokens, with a burn value of approximately $408,270,578.
Upholding the Security Cornerstone, Platform Reserve Value Exceeds $10.328 Billion
Gate has always been committed to safeguarding user asset and information security, continuously strengthening platform security and transparency. As of January 17, 2025, Gate.io's total reserve value reached $10.328 billion, ranking fourth among similar platforms globally. The total reserve ratio is as high as 128.58%, well above the industry benchmark level of 100%, with an excess reserve size of $2.296 billion, ensuring the safety and security of user assets.
Gate places high importance on global compliance operation. Gate Entities have made significant progress in global compliance, further driving their localized business expansion in the Japanese market through the acquisition of the Japan-licensed exchange Coin Master.
Launchpool Fully Upgraded, Empowering Over 140 New Projects to Launch Quickly
In the first quarter of 2025, Gate Launchpool (formerly Startup New Coin Mining) underwent a full upgrade to become a leading new coin mining platform in the industry. Over 140 projects were launched, with 90+ offering free airdrops totaling over $5.2 million in value; there were 70+ mining projects with total rewards amounting to $9.2 million.
The platform added a search and smart filtering feature, lowered the HODLer Airdrop threshold to 1 GT, and the average annualized return of airdrop projects reached 43.94%. Additionally, with its agile listing mechanism, Gate Launchpool accurately captures market trends. For instance, within 24 hours of the high-profile Trump Token listing, the staking volume exceeded $25 million, driving active user participation and creating a win-win ecosystem for the platform and project teams.
Innovation Zone Has Listed Over 1,000 Coins, Capturing Multiple High-Yield Memes
With its first-mover advantage and continuous innovation in the Meme field, Gate's Innovation Zone further solidified its leading position in this arena. This quarter, the Innovation Zone successfully integrated over 10 mainstream public chains including ETH, SOL, Base, etc. Nearly 400 coins were listed this quarter alone, totaling over 1,000 listed coins to date, maintaining a leading position in the industry and offering users a more diverse range of investment options. Additionally, features such as "Logo Mode" and the "Golden Dog Index" were introduced to significantly enhance users' coin recognition and trend analysis capabilities while reducing the threshold for Meme transactions.
With a rapid listing mechanism, the Innovation Zone has been at the forefront of helping users capture multiple high-yield projects such as Kekius (55x), Trump (45x), YZY (46x), Mubarak (28x), and other top-quality Meme coins. Furthermore, through partnerships with projects like MemeCity and MemeCore, the platform has deeply engaged in offline industry events, solidifying its dominant position in the Meme field.
Strong Performance in Institutional Business, Continuous Infrastructure Upgrades
Gate's institutional business has achieved significant breakthroughs in trading volume and ecosystem development. Both institutional client contract and brokerage business transaction volumes have notably increased. By optimizing trading infrastructure and depth, latency has been reduced by over 2 times, greatly enhancing user trading efficiency. Moreover, contract liquidity has improved, and the number of spot and contract market makers has grown.
In addition, Gate further strengthened its leading position in the global cryptocurrency field through the newly launched Fireblocks Off-Exchange solution, providing institutions with a more flexible fund management solution. Through joint marketing activities with 20+ partners, Gate expanded its professional client base, enhanced its high-end user community, and solidified its top-tier advantage in the global cryptocurrency arena.
Quantitative Investment Sees Significant Growth, Copy Trading Volume Surges 780%
This quarter, Gate witnessed significant growth in copy trading, robot strategies, and ETF products. In the copy trading sector, the launch of the Prometheus automated risk control system created a safer trading environment for users; spot copy trading volume surged by 780%, with the platform's highest return for copy traders reaching 890x, providing users with excess return opportunities.
The robot products, through continuous optimization of the Ultra AI strategy and intelligent algorithms, have cumulatively generated over $500 million in trading revenue for users. The newly introduced BotsLive live column and weekly featured strategy recommendations greatly increased user engagement; the number of newly created strategies skyrocketed by 404%, and the number of users creating new strategies grew by 193%.
The ETF business also demonstrated outstanding performance, with support for over 200 leveraged ETF tokens, positioning Gate at the forefront of the industry. By the end of the quarter, ETF trading volume had increased by 40% compared to the previous period, and the number of participating users had grown by 197%.
Partnering with Top-tier Partners to Build Global Blockchain Influence
In the first quarter of 2025, Gate made simultaneous efforts in global brand expansion and blockchain investment. Gate.io announced its official sponsorship of the F1 Red Bull Racing Team (Oracle Red Bull Racing in F1) and initiated a multi-year strategic partnership. This collaboration is not only a joining of forces between two industry leaders but also signifies that blockchain technology is transitioning from the racetrack to the world stage, using global events to promote the concepts of Web3 and digital finance to a wider audience.
Meanwhile, Gate Ventures joined the newly established Morph Venture Capital Collective alliance to further expand its presence in the blockchain investment sector. Additionally, Gate Ventures invested $20 million in the BNB Incubation Alliance (BIA) co-launched by BNB Chain and Binance Labs, demonstrating its firm commitment to driving Web3 ecosystem development and nurturing the next generation of blockchain innovation projects. Through the empowerment of capital, resources, and networks, Gate is actively supporting the mainstream adoption of blockchain technology.
Disclaimer: This content does not constitute any offer, solicitation, or advice. You should always seek independent professional advice before making any investment decision. Please note that Gate.io may restrict or prohibit all or part of its services from users in restricted areas.
This article is contributed content and does not represent the views of BlockBeats.
You may also like

WEEX Official Product Launch: Win LALIGA Tickets & Unlock the 3-in-1 Crypto Trading Suite
Trade crypto without downloading an app. Join the WEEX H5, API, SKILLs livestream to explore the new trading experience, win LALIGA VIP tickets, and share 420 USDT rewards.

Dragonfly Partners: Most agents will not engage in autonomous trading, how can crypto payments prevail?

US AI Startup Goes All In on Chinese Mega-Model | Rewire News Morning Brief

Trump Lies Again: A "Five-Day Pause" Psyop, How Wall Street, Bitcoin, and Polymarket Insiders Synced Uposciogen

When a Token Becomes Labor, People Become the Interface

Ceasefire News Leaked Ahead of Time? Large Polymarket Bets on Outcome Before Trump's Tweet

BlackRock CEO's Annual Shareholder Letter: How is Wall Street Using AI to Keep Profiting from National Pension Funds?

Sun Valley Releases 2025 Financial Report: Bitcoin Mining Revenue Reaches $670 Million, Accelerating Transformation to AI Infrastructure Platform
On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.
• Financial Performance:
Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.
Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.
Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.
• Mining Operations and Costs:
A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.
The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;
The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.
As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.
• Strategic Progress:
The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.
CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."
"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."
The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."
The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.
The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.
This includes:
· Cost of Revenue (excluding depreciation): $1.553 billion
· Cost of Revenue (depreciation): $38.1 million
· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)
· Mining Machine Impairment Loss: $81.4 million
· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million
The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.
The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.
The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.
The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.
The total annual operating costs and expenses amount to $1.1 billion.
Specifically, they include:
· Revenue Cost (excluding depreciation): $543.3 million
· Revenue Cost (depreciation): $116.6 million
· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)
· Miner Impairment Loss: $338.3 million
· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million
The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.
The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.
As of December 31, 2025, the company's key assets and liabilities are as follows:
· Cash and Cash Equivalents: $41.2 million
· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million
· Miner Net Value: $248.7 million
· Long-Term Debt (related party): $557.6 million
In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.
As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

The US AI Startup Is Loving China's Open Source Model

Three Weeks of the US-Iran War: Who's Making Money, Who's Paying the Bill?

Interpreting Polymarket's Major Update Last Night: Fee Expansion, Self-Regulation, and New Incentives

From Human Application to Intelligent Collaboration: How GOAT Network Builds the Next Generation Digital Economy

CZ Washington Dialogue: Crypto Entrepreneurs are Accelerating Their Return to the United States

Morning Report | Strategy increased its holdings by 1,031 bitcoins last week; Katana Blockchain acquires IDEX; NYSE completes rule change to eliminate trading limits on crypto ETF options

WEEX P2P now supports JOD, USD & EUR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Jordanian Dinar (JOD), United States Dollar (USD ) and Euro (EUR) are now available on WEEX P2P!

Electric Capital: Tracking 501 types of yield-generating RWA assets, we discovered these patterns

Those who are cut off by AI will not disappear; they will become the creators of the next round of the economy

Stablecoins reshaping cross-border payments in Asia? Strategic panorama and investment opportunity analysis
WEEX Official Product Launch: Win LALIGA Tickets & Unlock the 3-in-1 Crypto Trading Suite
Trade crypto without downloading an app. Join the WEEX H5, API, SKILLs livestream to explore the new trading experience, win LALIGA VIP tickets, and share 420 USDT rewards.
