On July 1, 2026, the Robinhood Chain mainnet officially went live, at one point being viewed by the market as a new narrative vehicle for Meme trading. During its first week, on-chain trading volume surged rapidly, with multiple newly issued tokens recording gains of several times or even dozens of times in an extremely short period, attracting a large influx of on-chain traders. However, this momentum did not last. In September 2026, Robinhood Chain’s on-chain trading metrics saw a significant decline. According to Gate market data as of September 28, 2026, the chain’s daily DEX trading volume nearly halved from its peak of $3.7 billion to $1.9 billion, while the Meme sector’s daily turnover rate fell by nearly 60%, and the network’s daily fee capture shrank by more than 70%. Behind these figures was a slowdown in the pace of incremental capital inflows and early

In 2026, global prediction market quarterly trading volume reached $109 billion in the second quarter, marking growth for the fourth consecutive quarter, with a quarter-on-quarter increase of 39% and a year-on-year increase of 18x. Behind this growth is the structural shift of event contracts from a marginal experimental category into mainstream trading tools. Amid this shift, the launch and continued iteration of Gate event contracts constitute one of the most significant product updates in the platform’s trading ecosystem in recent years. It not only introduced a new trading category but also systematically impacted Gate’s overall trading system—from user participation methods and the range of underlying assets to the structure of ecosystem collaboration. The Product Logic of Event Contracts: Replacing Leveraged Speculation with Probability Pricing To understand the value of event contracts, it is first necessary to understand their fundamental differences from traditional derivatives. The core mechanism of traditional leveraged contracts is margin trading—users trade with a certain proportion of the