Gate closed August on a notably active note. The exchange officially launched Idle Earn, a passive yield product allowing users to automatically generate returns of up to 3% APR on idle USDT and USDC balances — with no lock-up, no manual claiming, and no interruption to trading activity. The underlying yield draws from U.S. Treasuries, money market funds, on-chain staking, and RWA instruments, positioning the product as a low-friction entry point for stablecoin holders who want their capital working between trades.
Simultaneously, market volatility pushed Gate’s metals derivatives business into sharper focus. Gold and silver pulled back sharply — dropping more than 3% intraday — as macro tightening expectations and profit-taking weighed on prices. Gate reported XAU spot at $4,423.77 (−1.11% over 24 hours) and XAG at $66.33 (−0.67%). Despite the selloff, Gate’s open interest in XAU futures reached $354 million and XAG futures $83.96 million, both securing top-two positions industry-wide according to CoinGlass data. The exchange was among the first to offer metals perpetual futures and CFD trading, and its Unified Account system continues to be the operational backbone allowing users to shift across metals, forex, stocks, and crypto without platform-switching.
Rounding out the week’s marquee moves, Gate Card rolled out an AI Subscription Cashback Campaign — running August 28 through September 27 — offering eligible cardholders up to 50% cashback (capped at 10 USDT in Cash Vouchers) on first-time subscriptions to ChatGPT and Claude. Payments can be made directly via Gate Card or through linked wallets including WeChat Pay, Alipay, and TenPayGo. Cashback distributes within seven days of the campaign’s close.
Gate expanded its perpetual futures offering with two new listings. Pons (PONS) is now available as a USDT-settled perpetual with 1–20x leverage, accompanied by a full suite of supporting products: margin trading, loan services, Simple Earn, Flexible and Fixed Crypto Loans, Bots, Copy Trading, Convert, and Auto-Invest. MARSCOIN also went live in perpetual futures (USDT-settled, 1–20x leverage) alongside Bots and Copy Trading functionality.
On the traditional finance side, Korean semiconductor stocks saw sharp activity. SK Hynix (000660) traded at $1,175.12 (−2.11%) and Samsung Electronics (005930) at $183.02 (−1.94%). Open interest in SKHYNIX and SAMSUNG futures rose 4.03% and 7.30% respectively, while 24-hour trading volumes surged 451.63% and 1,069.65%. Gate’s SKHX futures open interest reached $180 million — second in the industry — with its 24-hour volume matching that figure. SAMSUNG futures OI hit $8.14 million, also ranking second industry-wide.
Gate’s CFD offering was extended to include USD/JPY, as the yen came under fresh pressure and USD/JPY briefly broke above 160. The addition allows users to access yen market movements directly through their Gate account without migrating to a separate forex platform.
The Dgrid AI (DGAI) Launchpool (project #373) is live through September 9, 04:00 UTC, with users able to stake BTC, ETH, or DGAI to share a 160,000 DGAI reward pool. Current staking figures: 20,933.85 ETH (APR: 3.29%), 1,159.17 BTC (APR: 1.62%), and 10.75 million DGAI (APR: 42.09%). The concurrent ALIGN Launchpool runs through September 11, with over 113.5 million USDT staked and a 10 million ALIGN reward pool — ALIGN staking currently showing an estimated APR of 98.90%.
Gate completed the cash dividend distribution for 99 U.S.-listed stocks, covering corporate pay dates from August 24–28. Recipients include holders of Starbucks (SBUX, $0.62/share at 90% credit), Citigroup (C), Novo Nordisk (NVO), Charles Schwab (SCHW), and Eaton (ETN), across sectors spanning technology, financials, energy, healthcare, REITs, and more. Dividends were credited in USDT equivalent on a pro-rata basis with no user action required.
Gate Event Market enters Season 3 of its Event Points campaign today following the settlement of Season 2, which closed with a total prize pool of $27,211. The accompanying Big 5 Leagues Points Boost Campaign runs August 31 through September 14, coinciding with Premier League and LaLiga fixtures. New users hitting 50 USDT in eligible volume can claim a 10 USDT reward; traders reaching 1,000 USDT in volume across designated Big 5 league events can share an additional 15,000 USDT bonus pool. Scratch cards are earned for every 20 USDT in eligible volume, with prizes ranging from 1–100 USDT cash to Event Points.
Convert Lucky Draw Phase 23 runs August 31 through September 7. Users completing their first Convert transaction (minimum 1 USDT) receive one lucky draw entry; additional entries unlock at 50 USDT daily Convert volume and per 500 USDT in cumulative volume. Prizes include ETH, Dual Investment trial funds, and up to 200 USDT in cash. A parallel Convert New User Bonus offers 20 USDT for first-time users completing 50 USDT in Convert volume, with an additional 2 USDT for those reaching 300 USDT — available to the first 500 eligible users.
VIP Airdrop Carnival Season 18 is live with a Geek Esports theme, featuring 200 limited-edition gift boxes distributed across Futures and CFD trading tracks. Rewards include a Tesla Cybertruck-style gaming laptop backpack, Nintendo Switch Lite, Logitech GPW Flagship Esports Set, and an Alienware 34-inch curved monitor. Users register and unlock rewards by meeting progressive volume thresholds across the two tracks.
Futures Points Airdrop Phase 136 launches September 2 at 10:00 UTC. Users holding ≥40 Gate Futures Points can redeem 20 points for 100 USDT position vouchers; users holding ≥120–90 points can redeem 15 points for 12 GUSD. The GUSD pool operates on a decreasing threshold mechanism, rewarding higher point balances with earlier access.
AI and semiconductor-related tokenized equities posted gains in Gate’s gStocks segment. MiniMax Group (MINIMAXG/USDT) rose 4.88% to $40.83; Zhipu AI (ZHIPUG/USDT) gained 2.98% to $141.99; and Direxion Daily Semiconductor Bear 3X (SOXSG/USDT) climbed 2.45% to $50.54. Gate gStocks currently covers U.S., Hong Kong, and South Korean equities, with 40 stock perpetuals in the initial rollout — including CXMT, Unitree Robotics, and CATL — available for 24/7 trading under the Unified Account framework.
The post Gate Update: Stablecoin Yield, Precious Metals Dominance, And AI Cashback Lead A Busy Week Of Launches appeared first on Metaverse Post.
