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Gate Ranks Third With About $147 Million in Seven-Day Net Inflows

An earlier 30-day tally placed Gate second with more than $199 million, but the rankings cover different periods.

Silver discs pass through three converging channels into a glass gateway / TokenPost.ai
Silver discs pass through three converging channels into a glass gateway / TokenPost.ai

Gate's seven-day net inflows totaled about $147 million, placing it third among centralized crypto exchanges worldwide on a measure of exchange activity distinct from trading volume.

An earlier 30-day net inflow tally put Gate in second place with more than $199 million. That tally covered wallets tracked for the exchange over a longer rolling period. The two rankings describe different time spans.

Gate also ranked third globally in September derivatives trading, with $396.4 billion in trades. Derivatives volume and net inflows measure different activity, so the matching third-place rankings should be read separately.

Gate announced Gate Money on Oct. 7 as part of its expansion beyond exchange trading. The service is designed to combine fiat currency, digital assets, stocks, payments and asset management in one account system.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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