Futures
Access hundreds of perpetual contracts
CFD
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
I saw a piece of data circulating that frankly doesn't surprise me anymore: more than half of all crypto tokens have failed, and most of these collapses happened precisely in 2025.
I think many of us expected it. In recent years, the market has been flooded with projects that had no solid foundations — hype, empty promises, nothing concrete behind them. When the cycle turned, these failed crypto tokens disappeared like snow in the sun.
What’s striking is how quickly it happened. In 2025, we saw a real market cleanup. Projects that seemed destined to last evaporated in just a few weeks. This isn’t a new phenomenon in crypto, but the scale was impressive.
The interesting thing is that, in a way, this is healthy for the ecosystem. All the failed crypto tokens that vanish represent a form of natural selection. The projects with real value, serious teams, and a concrete vision remain. The noise decreases, and the average quality improves.
Of course, it’s not convenient if you’re left holding a bag full of these assets, but from the market’s overall perspective, it’s a necessary process. 2025 accelerated what would have happened anyway: the end of weak projects and the consolidation around true fundamentals.
If you’re thinking about exploring the market now, at least you know that many of the worst actors have already been eliminated. It’s worth doing research, but at least the playing field is a bit cleaner than before.