Market leadership has rotated from metals to equities to #Bitcoin this year 📊💪. #Gold and silver led through Q1, US equities took over through spring and into July, and #BTC has led for the past 10 weeks 📈🟢.
Tokenized gold spot volume peaked in mid-February, fell to 15% of that level by late July, then more than doubled into mid-September and has eased to 20% of the peak 🔴. #Binance still handles the largest share, while #OKX and #Gate gained the most, with Gate's share rising from 0.6% in 2024 to 12% in 2026.
If precious metals retake the lead, gold trading on these exchanges would likely rise with them ⚡️🎯👀
Tokenized gold spot volume peaked in mid-February, fell to 15% of that level by late July, then more than doubled into mid-September and has eased to 20% of the peak 🔴. #Binance still handles the largest share, while #OKX and #Gate gained the most, with Gate's share rising from 0.6% in 2024 to 12% in 2026.
If precious metals retake the lead, gold trading on these exchanges would likely rise with them ⚡️🎯👀
Tokenized #Gold perpetual futures open interest now equals 7.0 tonnes, 62% above the February spot peak 📈🟢💪. The book grew from 5.0 tonnes in mid-September while spot trading eased, suggesting traders are holding exposure for longer 🔴.
#Gate added the most this year, 42% of the net increase since January 1, climbing from 9th to 2nd by open interest since April 2025. Its weekly average book is now the largest at 1.7 tonnes versus 1.5 tonnes at #OKX.
A sustained hold above 6 tonnes without a metals rally behind it would show traders keeping gold exposure on crypto exchanges ⚡️🎯👀
#Gate added the most this year, 42% of the net increase since January 1, climbing from 9th to 2nd by open interest since April 2025. Its weekly average book is now the largest at 1.7 tonnes versus 1.5 tonnes at #OKX.
A sustained hold above 6 tonnes without a metals rally behind it would show traders keeping gold exposure on crypto exchanges ⚡️🎯👀
Bitcoin reserves have thinned at most exchanges over the past year, with six of 11 tracked venues holding less than a year ago 📉🔴. #Gate reserves rose 4.9% while the median of the other ten fell 6.4%, and those ten together hold about 10% less than a year ago 💪.
Gate's latest Proof of Reserves, as of October 18, showed about $1.4B more in reserves than user deposits, with every major asset above 100% 🟢.
If the declines keep spreading, the Bitcoin left on exchanges would gather at the few still adding reserves ⚡️🎯👀
Gate's latest Proof of Reserves, as of October 18, showed about $1.4B more in reserves than user deposits, with every major asset above 100% 🟢.
If the declines keep spreading, the Bitcoin left on exchanges would gather at the few still adding reserves ⚡️🎯👀