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
Recently, I saw a bunch of people treating AMM as a piggy bank, just throwing in funds and waiting for fees. Honestly, market making is not a get-rich-quick scheme. The curve is just sitting there, and once the price deviates, your position automatically gets “sold high and bought low,” leaving only the other side. When you want to withdraw, you realize impermanent loss has eaten up most of the fees… It’s better to just hold steadily.
The testnet incentives and points system are the same; everyone is betting on whether the mainnet will issue tokens. As a result, on-chain liquidity becomes crowded, fees rise, and the order matcher glitches. In the end, you might just end up with nothing. Anyway, my current mindset is: I no longer chase explanations, accept randomness, try small positions if I understand, and pass by if I don’t.