Gate

Gate (GT) is the native exchange token of Gate.io, a centralized cryptocurrency trading platform. It is designed to give platform users access to benefits such as fee discounts, participation in token launches, and governance-related activities within the Gate ecosystem. The token is aimed at active traders and users of Gate.io who want to reduce costs or engage more deeply with the platform's offerings.

GT is an Ethereum-ecosystem token that also underpins GateLayer, the project's associated blockchain layer, which uses a Proof of Stake consensus mechanism. Within the Gate.io platform, the token functions as a utility instrument whose value is tied to activity on that centralized exchange rather than to a decentralized on-chain settlement process. The circulating supply stands at roughly 104.7 million tokens against a maximum supply of approximately 142.6 million, with about 73.4 percent of the maximum supply currently in circulation.

The protocol records fees attributed to the GateLayer chain, not to Gate.io exchange revenue directly. Over the trailing 30 days, fees totaled approximately 402 USD, annualizing to roughly 4,893 USD, and grew about 27 percent over that same 30-day window. The trailing 12-month fee figure was approximately 8,508 USD. These are very small absolute numbers, which means fee-based valuation ratios such as the market-cap-to-fees ratio of roughly 216,864 and the fully diluted valuation-to-fees ratio of roughly 242,245 reflect an on-chain fee stream that is minimal relative to the token's market capitalization of approximately 1.06 billion USD; the exchange's own trading revenue is a separate matter not captured here.