Gate’s TradFi desk records $17B in September trading volume

Gate.io’s traditional finance trading desk pulled in over $16.86 billion in September volume, a sharp jump from the $12.58 billion it recorded in August. The growth was powered almost entirely by one asset class that your grandfather would recognize: metals. Gold and silver trades alone accounted for 54% of the platform’s total TradFi activity. As of September 23, cumulative metals trading volume on Gate had already reached $18.3 billion for the month, meaning the metals segment by itself eclipsed August’s entire TradFi output. A crypto exchange betting big on Wall Street’s playbook Gate.io now lists 1,022 TradFi instruments, more than four times the count of its nearest competitor. That catalog includes CFDs, tokenized equities, and commodities contracts. Daily trading volumes during September’s recovery frequently approached or exceeded $1.6 billion. Some peak weeks reportedly saw aggregate volumes blow past $20 billion. Gate now ranks as the third-largest platform globally by TradFi volume share, holding roughly 10.7% of the tracked market based on August data. From January through August 2026, cumulative TradFi trading on Gate totaled $135.5 billion. Why metals, and why now The...