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 40+ AI models, with 0% extra fees
Analysis: Approximately 93% of GameFi projects fail, with funds shifting to AI, RWA, and other sectors.
ChainCatcher reports, citing CoinDesk, that according to data disclosed by market-making firm Caladan, around 93% of GameFi projects are now almost dead. Token values are down 95% from their peak in 2022, and funding for game studios is expected to plunge 93% by 2025. Investment in Web3 gaming has nearly completely dried up; capital is shifting to AI, real-world assets, and Layer-2 infrastructure, causing a collapse in the gaming industry. Even Animoca Brands, one of the most active investors in the Web3 space, has reduced its gaming business to about 25% of its investment portfolio and begun pivoting to areas such as stablecoins.
In addition, while 63% of Web3 venture capital in 2022 flowed into gaming, that share fell to single digits in 2025. More than 300 games have announced shutdowns, turning Web3 gaming into a cautionary tale about chasing speculation while ignoring product-market fit.