Gate Leads CEXs With $379M in RWA Perps Open Interest
The 2.2x gap to the next-closest venue showed that RWA perps open interest was concentrated rather than evenly distributed across centralized exchanges.
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The 2.2x gap to the next-closest venue showed that RWA perps open interest was concentrated rather than evenly distributed across centralized exchanges.
Two floors in a single quarter is the structural signal: the spring reference has now failed twice in three months, and that re-prices how any Q3 rebound gets measured.
The 18-month low in centralized exchange futures activity points to a broad pullback in leveraged speculation, a signal that has historically preceded extended periods of compressed volatility or…
The April-to-June recovery has reversed across major venues, making the decline a broad risk-off signal rather than a platform-specific anomaly.
The rebound marks a recovery in token access after June's two-year low, giving altcoins a broader route to centralized exchange liquidity.
A 74% drawdown in centralized-exchange spot turnover since the August peak is not a typical mid-cycle cooldown; it points to structural thinned liquidity that magnifies every directional move.
The exchange added stocks trading, BK Genie, and prediction markets this quarter, with 184 new token listings and 19 of those tokens posting 10x gains post-launch.
Sector market cap has collapsed from $182B to $105B since October, with another 31% gone year-to-date in 2026 as centralized exchange activity softens.
When listing activity cools, the categories that flooded in first tend to get cleaned out first, and H1 2026 followed that pattern: DeFi, then GameFi, then memecoins.
Two years of regulatory hibernation gave Coinbase and Kraken room to run. A 2bp taker fee and a perps license push are how Binance.US says it will claw the volume back.
Tokenized stocks and RWA perps now account for one in five new CEX listings, while memecoins and GameFi listings collapse, pointing to a structural reorientation of exchange strategy around…
Six straight quarters of decline have brought quarterly new-token listings to their lowest since Q3 2023, a quiet signal that the speculative bid that powered the cycle is unwinding.
The flight ranks Gate second among CEXs for outflows over the same window, while Binance pulled $308M of net inflows, evidence users are rotating venues rather than exiting crypto entirely.
Since the September 2025 peak, monthly CEX listing activity has collapsed by roughly 77%, signalling that the 2024–2025 token-launch cycle has fully deflated and centralized venues are no longer the…
The shutdown cites MiCA, regulatory, financial and operational pressure, and a Coin Bureau report points to empty hot wallets, framing a full-balance recovery as uncertain for AscendEX users.
A former top-10 CEX backed by Polychain and Hack VC went dark on July 1, the same day on-chain sleuth ZachXBT warned that public wallets had run dry on ETH, USDT and SOL.
Gate ranks among the top CEXs for tokenized stocks. Its new Gate Stocks product gives users direct ownership of US, HK, and Korean shares, with dividends, through licensed brokers.
Spot volume at $3T and futures at $15.7T mark the third straight quarter of decline, with new token listings also collapsing to a two-year low as the sector downturn deepens.
The piece benchmarks liquidity, execution quality and market depth on BYDFi against established centralized exchanges, framing the venue against the sector's top books rather than peers in its own…
Listing velocity tends to rise with the market — exchanges feed trader interest when appetite is hot, and the September 2025 surge to 427 listings preceded Bitcoin's fresh all-time high by roughly a…