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Glassnode: Gate ranks among the top three globally in BTC spot trading volume, achieving first place in both two-year ranking and share growth

According to Glassnode's latest report "The Week On-chain - Escape Velocity," among the major exchanges tracked by Glassnode, Gate has risen 4 positions in the BTC spot trading volume rankings over the past two years, achieving the largest increase on the list and ranking third globally. During the same period, Gate's market share of BTC spot trading volume within the statistical scope surged from 2% to 9.1%, a net increase of 7.1 percentage points, the highest growth among all exchanges.The report indicates that Gate's rise is characterized by long-term effectiveness and sustainability. Over the past 24 months, Gate has remained in the top three for BTC spot trading volume for 9 months, demonstrating a continuously strengthening market competitiveness. As an exchange leading in both ranking improvement and market share growth among major platforms, Gate's trading activity and market participation in the BTC spot market continue to expand.Glassnode also pointed out that the 24-hour spot trading volume across all exchanges has rebounded by 121% from the low in August, and the returning funds are flowing to multiple trading platforms. Against the backdrop of an overall recovery in market activity, Gate's simultaneous improvement in market share and global ranking is particularly remarkable, fully showcasing its sustained growth momentum and increasingly expanding industry influence in the BTC spot market.

DeepSeek's annual revenue has doubled to 1 billion USD in a few months, planning to complete a financing of 50 billion RMB by the end of October

According to a report by The Information cited by Dongcha, two individuals with direct knowledge stated that the artificial intelligence company DeepSeek has an annual revenue of approximately $1 billion, up from less than $500 million a few months ago. The revenue primarily comes from model APIs, and the free chat application currently has no advertising or subscription revenue.The report indicated that part of the revenue growth is due to price increases, with some API prices raised by about 2.3 to 4.5 times. Liang Wenfeng recently told investors that the number of customers did not decline after the price increase, and demand remains strong. Previously disclosed financial data showed that the gross margin for the API business in the first seven months of this year was 82.9%.DeepSeek's second round of financing plans to raise approximately 50 billion yuan, with a valuation of about 500 billion. The company hopes to complete this by the end of October and is also preparing for an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board. Liang Wenfeng stated that over 70% of the computing power is used for training new models, leaving less than 30% for inference; the company is trying to run more small models directly on gaming graphics cards, reserving high-end chips for training.

first_img Cryptocurrency travel platform Travala launched a permanent AVA strategic reserve, with monthly buybacks doubling

According to Chainwire, the crypto travel booking platform Travala and AVA Foundation announced a matching buyback arrangement. Travala will fund the buyback independently and in addition to the existing rewards supplementary buyback from AVA Foundation, increasing the monthly open market buyback amount from 1 times the member rewards to 2 times. The matched AVA purchased will be transferred to a new Travala AVA strategic reserve wallet, which is multi-sig custodial, and Travala commits that the AVA in it will never be sold or transferred out.Under the existing mechanism, AVA Foundation repurchases an amount of AVA each month equivalent to the amount of AVA distributed to AVA Smart members in the previous month and transfers it back to the ecological incentive wallet, with a historical total of 4,824,722 AVA repurchased. The first matched buyback has been completed: the Foundation repurchased 369,881.04 AVA in September, corresponding to the member rewards in August; Travala independently matched and purchased another 369,881.04 AVA, totaling 739,762.08 AVA. The Travala portion has been transferred to address 0x7bed1889c21d9eb3560463c14cd74fe29f2d03b6, and both buybacks can be verified on-chain separately.The AVA transferred to this wallet is permanently locked, with the monthly portion removed from the circulating supply and excluded from the official circulating supply through the AVA circulating supply interface. Travala will submit the reserve wallet address to CoinMarketCap and CoinGecko, and both parties will publicly report the numbers of the two buybacks each month.

Gate Idle Money Treasure adds support for USD1, with a maximum annualized return of 8.16%

According to the official announcement, Gate Idle Money has added support for USD1. Starting from September 23 at 14:00 (UTC+8), users holding USD1 in their trading account (spot account) or contract account can enable Idle Money with one click to automatically earn interest, with the current annualized yield at 6.8%. This USD1 Idle Money activity is jointly launched by Gate and World Liberty Financial (WLFI).The 6.8% annualized yield includes 1.5% USD1 interest and 5.3% WLFI rewards, and the actual yield will be dynamically adjusted daily based on the reward budget and the platform's effective holding amount of USD1. Users with a contract trading volume of 150,000 USD1 or more in the past 30 days can enjoy a maximum of 1.2 times annualized yield enhancement on a holding of up to 500,000 USD1, with the enhanced annualized yield reaching up to 8.16%. The earnings are calculated using a daily snapshot mechanism and will be automatically credited to the spot account on T+1.Currently, Idle Money supports various stablecoins such as USDT, USDC, and USD1. Once enabled, users do not need to subscribe, exchange, or lock up their funds; eligible stablecoin balances will automatically participate in the earnings calculation, while the funds can still be used for trading. The earnings from Idle Money mainly come from underlying assets such as U.S. Treasury bonds, money market funds, on-chain staking, and RWA. In addition, the interest-earning feature for holding USD1 will end soon, and the specific end date will be announced separately.

Data: In 18 instances of tracking resignations, the price of the currency dropped in 15 instances three months later

Based on RootData's character and X influence data, and combined with market samples from 28 projects that launched on Binance Spot in the past two years, the dynamics of individuals and project performance show a noteworthy accompanying relationship.In terms of onboarding, among the 24 projects where character and influence data can be matched, in the months where 77 projects recorded new member entries, 65 saw a month-on-month increase in X influence, accounting for 84.4%, which is higher than the 67.4% in months without recorded new members. The median month-on-month growth rates for the two groups were 3.4% and 1.6%, respectively. For example, Vana added three new positions for growth, ecology, and product directors in August 2024, and its average monthly X influence rose from 189.14 in August to 607.50 in November, an increase of 221.2%.In terms of departures, 7 projects formed 18 comparable three-month observation windows, of which 15 saw a decline in coin prices; among the 17 windows with market capitalization data, 14 experienced a decrease in circulating market capitalization. The head of AI agency business at BIO Protocol left in October 2025, and from the end of that month to the end of January 2026, the coin price and circulating market capitalization decreased by 60.1% and 46.7%, respectively.The above statistics reflect accompanying phenomena. Continuously updating information on personnel onboarding, departures, and position replacements can help users track team expansion, organizational adjustments, and core talent loss, providing more basis for interpreting changes in influence and valuation.
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