Gate September Derivatives trading volume rises to third globally, according to CoinDesk report
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AT A GLANCE
CoinDesk stated that Gate September's derivatives trading volume surpassed Bybit, rising to third globally.
Article
CoinDesk：Gate Derivatives trading volume surpasses Bybit to rank third, with growth leading globally
PANews October 13 reported, according to CoinDesk's latest September Exchange Review，Gate monthly derivatives trading volume reached 396400000000 USD, up 38.2%month-on-month, surpassing Bybit to enter the global top, behind only Binance and OKX. Meanwhile, in derivatives,Gate's derivatives market share increased by approximately 1.6 percentage points to 10.1%, making it the platform with the largest share increase among the world's leading exchanges. In RWA perpetual contracts,Gate also remained firmly in the global top with a 9.1%share.Gate September Average daily trading volume was as high as approximately 15000000000 USD, and it received a CoinDesk Data Exchange rating in the Grade A Benchmark, with an overall...
Key points
01
PANews stated that the Exchange Review published by CoinDesk September shows that Gate the derivatives trading volume for the month was 396400000000 USD, representing a month-on-month increase 38.2%。
02
Gate's derivatives trading volume surpassed Bybit, placing it in the global top behind only Binance and OKX。
03
Gate Derivatives market share reached 10.1%, an increase of approximately 1.6 percentage points.
04
Gate In RWA perpetual contracts, market share was 9.1%, ranking among the global top.
05
Gate September Average daily trading volume was approximately 15000000000 USD, and it received a CoinDesk Data Exchange rating in the Grade A Benchmark.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report stated that Gate experienced increases in September's derivatives trading scale and market share, with trading volume surpassing Bybit to enter the global top.RWA Perpetual contracts are perpetual contracts related to real-world assets.
Why it matters to readers
Trading volume, market share, and ranking are indicators for assessing the market performance of trading platforms; if the data are accurate,Gate's ranking and share in the relevant market both increased.
Beginners can understand trading volume as the scale of executed trades over a period and market share as a platform's proportion of the overall market. A higher ranking does not necessarily mean future performance will continue.
Risks and unknowns
The original text is truncated at “overall...,” and does not explain Grade A the full basis for the rating.
The evidence is PANews' retelling of a CoinDesk report; it does not provide a link to the original CoinDesk report or independent verification materials.
The evidence does not clearly specify the methodology used to calculate trading volume, market share, and rankings.
The available evidence alone cannot confirm whether Gate's performance in surpassing Bybit will continue.
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Derivatives
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