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
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
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.
Lately I've been looking at the "high APY" of yield aggregators again. Frankly, my first reaction isn't excitement, but to check which contracts they’re throwing money into and who their counterparties are. The series of yields on the page looks like an automatically generated weather forecast, but underneath it could be cross-chain bridges, lending pools, or even a bunch of strategies fed by oracles for price feeds. If any link loosens, the whole system just goes into "waiting for confirmation"... A few days ago, the bridge had an issue again, and the oracle malfunctioned, everyone just playing dead and waiting for block height—it's quite surreal. I trust the process, but the execution details are truly critical: whose permissions are involved, whether emergency shutdowns are possible, and whether the yield is sustained by subsidies. As for whether I trust the data more or my intuition? I lean toward data, because intuition can easily be lulled to sleep by that APY curve.