The exchange facilitates P2P liquidity swapping, where users can earn a fixed interest rate by lending their tokens to active traders and institutions.
Additionally, Gate.io provides group staking opportunities (read more about crypto staking: here).
Like the #1 cryptocurrency exchange, Binance, Gate.io offers a unique exchange token called GateToken ($GT-USD).
This deflationary token serves a wide variety of purposes on its native blockchain. More importantly, it allows Gate.io raise collateral, reward user loyalty, and provides both individuals and institutions with a means to invest in the exchange itself.
Leveraging GateToken and other crypto holdings, Gate.io also issues an overcollateralized stablecoin: USDG ($USDG-USD).
Combined investor Mentions for these two unique tokens are trending +991% YoY and +84% QoQ.
Binance supports ~50x the daily trading volume of Gate.io, and yet Binance Coin ($BNB-USD) boasts a market cap more than 200x higher than that of GateToken.
We'll be watching this up-and-coming exchange to see if it continues to steal market share going forward.