The market cooled down overall in September, but Gate accelerated in reverse.

CoinDesk data shows:

🔸Global exchange total volume decreased by 17.5%
🔸Spot down 9.4%
🔸Derivatives fell by 20.1%

However, Gate's spot trading volume surged against the trend by 20%, with its share rising to 5.47%, setting a new historical high.

This reverse movement is not a coincidence.
Gate continues to make strides this year - launching Gate Layer2, the no-code token issuance platform Gate Fun, along with compliance measures (having obtained the EU MiCA license), turning the "exchange" into an ecosystem.

Although the derivatives market has cooled down, the open interest has reached a record high, indicating that the capital hasn't actually left.
Gate's share has risen to 11.3%, making it one of the fastest-growing exchanges this year.

The overall market is adjusting, while Gate is quietly accelerating.
While everyone is watching, it has already begun to pave the way for the next cycle.