Gate TradFi Latest Updates: Precious metal prices diverge, Gate metal contracts maintain leading industry positions

By mid-May 2026, the global precious metals market has shown a significant divergence pattern. According to data from the Gate platform, silver (XAG) reached a 24-hour high of $76.98, currently trading at $75.01; gold (XAUT) hit a 24-hour high of $4,552.50, now at $4,528.10, with prices slightly retreating from the highs.

This round of precious metals volatility is not an isolated event. Around the May Day holiday, gold prices plummeted nearly $100, and silver experienced a rollercoaster—earlier this week, it surged close to $90, then nearly gave back all gains, with a 24-hour decline exceeding 6%. Analysts point out that cooling expectations of Fed rate cuts, a strengthening dollar, and concentrated profit-taking are the main catalysts for this adjustment. Meanwhile, geopolitical tensions in the Middle East have reached a deadlock, U.S. inflation data continues to exceed expectations, further reinforcing market expectations that the Federal Reserve will maintain higher interest rates.

Metal Contract Positions Continue to Lead, Gate Maintains Industry Top Tier

Amidst intense market fluctuations, the position sizes of Gate’s metal contracts demonstrate strong resilience. Data from CoinGlass shows that Gate’s metal contract holdings remain among the industry leaders. Specifically, silver (XAG) 24-hour contract holdings amount to approximately $123 million; gold (XAUT) 24-hour contract holdings are about $150 million. As risk aversion sentiment heats up, trading activity in metals continues to rise, further boosting platform position sizes.

From the overall contract ecosystem perspective, according to DefiLlama data, Gate’s open interest in 24-hour contracts reaches about $11.97B, ranking among the top three centralized exchanges. This data fully confirms Gate’s leading position in the global derivatives market. A transparency report released in January 2026 shows that Gate’s derivatives market share has increased to 11%, making it one of the fastest-growing centralized trading platforms in this sector; CryptoRank also rated Gate as the platform with the fastest contract trading volume growth in 2025.

Gate Metal Zone: Pioneering 24/7 All-Weather Precious Metal Contract Trading

On January 14, 2026, Gate officially launched the “Precious Metals Zone,” initially offering XAU (gold) and XAG (silver) USDT perpetual contracts, supporting up to 50x leverage, and providing 24/7 continuous trading. This initiative integrates traditional precious metal assets into an around-the-clock trading environment through crypto derivatives mechanisms, offering investors more flexible price discovery, risk management, and cross-market allocation options.

In terms of contract pricing mechanisms, Gate’s precious metal perpetual contracts use aggregated price indices from multiple authoritative precious metal markets as the contract basis, effectively reducing the impact of abnormal fluctuations in any single market and maintaining a reasonable linkage between the contract and global spot prices. The Gate Precious Metals Zone not only covers gold and silver but will also expand to include platinum, palladium, copper, aluminum, nickel, lead, and other metals, gradually building a comprehensive trading ecosystem for precious and industrial metals.

From a traditional trading system perspective, conventional precious metal trading is limited by fixed opening and closing times of major exchanges worldwide. When major macro events occur outside mainstream trading hours, investors often cannot react immediately. Gate’s perpetual precious metal contracts break this structural limitation—users can adjust their positions instantly during rate decisions, geopolitical emergencies, or key economic data releases without waiting for market reopenings.

Comprehensive Upgrade of TradFi Product Line: One-Stop Trading from Precious Metals to Global Macro Assets

Gate TradFi’s core logic is to create an integrated multi-asset trading system. In early 2026, Gate completed a major upgrade of its TradFi (traditional finance) products, achieving full coverage on both mobile and web platforms. Users can now trade stock tokens, forex, precious metals, indices, and commodities CFDs within a single platform, further reducing operational friction in cross-market asset allocation.

On January 27, 2026, Gate announced the simultaneous launch of USDT-settled perpetual contracts linked to traditional assets, covering four major categories: metals, stock indices, forex, and crude oil. This means traders can use a single USDT margin to trade cryptocurrencies and global macro assets on one platform, greatly facilitating cross-market asset allocation and risk hedging. By the end of January 2026, the total trading volume of Gate TradFi since its launch had exceeded $20 billion.

Recently, Gate has accelerated the rollout of stock contracts. On May 15, Gate launched CBRS (Cereus) perpetual contracts for real trading, supporting 1–20x long and short positions, further enriching trading targets in the AI chip sector. Since early 2026, Gate has added over 30 perpetual contracts for stocks and ETFs, covering tech giants, aerospace and defense leaders, consumer goods giants, and core ETFs across multiple sectors.

Commodity Sector Also Gaining Momentum: Crude Oil Contracts Lead the Entire Network in Trading Volume

Besides precious metals, Gate’s performance in the commodities sector is also outstanding. Data from CoinGlass shows Brent crude oil (XBR) is currently at $102.78, up 0.68% in 24 hours; WTI crude oil (XTI) is at $98.45, up 1.33%. Among them, Gate’s XBR contracts have a 24-hour trading volume of about $5.45 million, ranking first across the network; the XTI/USDT trading pair’s 24-hour volume is approximately $3.4613 million, maintaining high market attention, fully demonstrating Gate’s liquidity and product advantages in crude oil derivatives.

Gate has taken the lead in crude oil derivatives, pioneering the commodities contract sector with perpetual contracts for XBRUSDT (Brent crude) and WTIUSDT (WTI crude), offering 24/7 trading, USDT settlement, and up to 100x leverage, helping users conduct cross-market asset allocation and strategic planning amid volatility.

Summary

Overall, Gate is rapidly advancing the construction of a multi-asset TradFi trading system. From precious metals to stock indices, from forex to commodities, Gate’s contracts now form a complete product matrix covering key global macro assets. In the metals contract sector, Gate’s innovative 24/7 all-weather trading mechanism allows traditional safe-haven assets like gold and silver to break time and geographic restrictions; in the TradFi domain, a multi-asset trading system using USDT as a unified margin significantly lowers operational barriers and capital frictions for cross-market allocation.

As global macro uncertainties continue to rise, Fed policy expectations deepen, and Middle Eastern geopolitical risks persist, the value of metals and TradFi assets in portfolio allocation will remain prominent. With industry-leading liquidity depth, robust risk control systems, and ongoing product innovation, Gate is committed to building a truly multi-asset one-stop trading platform—making the boundaries between traditional finance and the crypto world more blurred and free.