August is finally over, and everyone can catch their breath. We originally thought the market would remain lifeless, but a look at the data shows that the broader market was quietly “squatting before a jump.” Overall CEX trading volume rebounded to $4.29 trillion, up 12.7% from July. The biggest surprise was spot trading, which rose 18.7%, clearly outperforming derivatives—signaling that more people with real money are entering to scoop up tokens.

But I’d rather talk about Gate @Gate_zh. After spending enough time in this space, you know that whoever captures new growth areas is the one who retains the right to speak. This time, RWA perpetual futures trading volume hit a record high of $602 billion, while Gate’s performance was simply outstanding—the market share surged from 5.32% to 12.6%, more than doubling.
Gate now ranks third in RWA perpetual futures and remains firmly in fourth place in the overall futures market.
An RWA trading volume of $64.7 billion is no small figure, meaning that a lot of funds that had been waiting on the sidelines are now flowing toward Gate. Everyone knows that the derivatives market is an exchange’s lifeblood. Gate has maintained its fourth-place position globally while doubling down in RWA, a new growth engine, and has indeed moved ahead of the pack this time.