#GateNovTransparencyReportReleased

Spot trading activity has entered a new phase, with monthly volume reaching an unprecedented $163 billion and market share rising to 6.04%, marking one of the strongest growth performances among centralized exchanges this year. This milestone reflects not only rising participation but also a shift toward deeper, more liquid spot markets across the crypto ecosystem.
Sustained growth in spot volume is a key indicator of market maturity. Higher liquidity improves execution quality, minimizes slippage, and enhances price discovery across major assets such as BTC, ETH, and high-cap altcoins. These conditions create a more efficient trading environment for both retail and institutional participants.
From a broader market outlook, this surge aligns with several forward-looking developments, including increased institutional exposure, evolving regulatory frameworks, ETF expansion, and consistent on-chain accumulation. Together, these factors point toward a market structure that is better positioned for long-term growth and potentially stronger directional moves ahead.
For traders and investors, rising volume and expanding market share highlight the importance of adapting strategies. Monitoring liquidity flows, volume expansion, and exchange competitiveness can provide valuable signals for trade timing, risk management, and portfolio allocation during periods of heightened activity.
Looking ahead, record-level spot trading volume suggests growing confidence in the crypto market’s infrastructure and future potential. This phase may reward those who focus on liquid markets, disciplined execution, and data-driven decision-making as momentum continues to build.
Community discussion:
How do you view this surge in spot trading volume?
Are you adjusting your approach in response to deeper liquidity?
Which assets or sectors are you prioritizing in the current market environment?
Official announcement:
https://www.gate.com/announcements/article/48644