Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Aave Leads DeFi Rescue Effort Following $292 Million KelpDAO Hack
On April 24, Aave, in collaboration with multiple institutions, launched the “DeFi United” rescue plan to address the approximately $292 million loss caused by a vulnerability attack on KelpDAO, aiming to prevent the spread of bad debts. The attack originated from a vulnerability in the LayerZero integration, where hackers forged uncollateralized rsETH and borrowed approximately $190 million in assets from Aave, leading to collateral distortion and triggering a bank run, causing the platform’s total value locked (TVL) to evaporate by about $10 billion at one point. Currently, Lido Finance, EtherFi, and founder Stani Kulechov have proposed funding plans; Arbitrum has frozen some funds, but the remaining assets have been transferred via THORChain, making recovery challenging. The focus is now on joint funding efforts to “plug the holes” and stabilize the DeFi lending system.