Gate.com has made a breakthrough in TradFi: daily trading volume surged from zero to $1.5 billion
The Gate.com exchange, long associated exclusively with cryptocurrencies, has made an impressive leap into the traditional finance (TradFi) segment. My on-chain data analysis reveals explosive growth in the trading volume of classic assets. In just over a year, this figure has risen from near zero to a staggering daily peak of $1.5 billion, recorded on March 23, 2026.
On that day, Gate.com processed a larger volume of traditional assets than well-known platforms like Bybit, Bitget, and WOO combined. However, it's not just the scale that is noteworthy, but the very structure of the trading. The platform's users exhibit the behavior of experienced macro traders, not random speculators. The data points to a clear model of capital rotation between different asset classes.
Capital Rotation: From Stocks to Safe-Haven Assets
When stock trading volume cooled down, capital did not leave the platform but instead flowed into safe-haven metals. Turnover for tokenized gold (XAU) increased by 719%. The accumulated volume for gold reached $16.8 billion, and for silver — $16.3 billion. Peak activity in stocks, in turn, precisely coincided with earnings seasons on Wall Street. This proves that traders are guided by real market catalysts.
Among tokenized stocks, the undisputed leaders in turnover were Tesla (TSLAX) with $1.68 billion, Nvidia (NVDAX) — $1.06 billion, and Circle (CRCLX) — $1.04 billion. These instruments were in the highest demand on the platform.
A Unified Ecosystem for Different Asset Classes
Gate.com's key advantage is the seamless integration of various asset classes. A trader can open a long position on Nvidia during earnings season, and then, as uncertainty grows, switch to tokenized gold without leaving the platform or turning to a traditional broker. All settlements are conducted in the USDT stablecoin, uniting the trading of stocks, metals, and oil within a single environment where capital flows freely between instruments depending on market conditions.
While competitors chase raw volumes, Gate.com has bet on infrastructure for more sophisticated traders. Instead of pitting cryptocurrencies against traditional finance, the platform is building a unified space for all assets. This, in my view, is a far more forward-thinking strategy that could fundamentally reshape the market landscape.