Silver contract trading volume soars by 27%, Gate's open interest ranks among the top three globally

ChainCatcher reports that, according to CoinGlass data, the silver (XAG) market activity has significantly increased, with contract trading volume reaching $3.112 billion, up 27.30%. The total open interest across the network is approximately $239 million. Among them, the Gate platform's open interest exceeds $16.53 million, ranking among the top three globally.

Gate pioneered the metal contract trading sector, offering 24/7 continuous trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. Currently, Gate contracts cover a wide range of asset classes, including metals, stocks, forex, commodities, and indices, featuring trading instruments such as gold, silver, platinum, crude oil, Tesla, Microsoft, and more. The platform supports up to 100x leverage, helping users implement cross-market and multi-asset strategies.