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Trading Type
Spot
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Pre-Market
Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Trade any size with no fees and no slippage
Alpha
Points
Get promising tokens in streamlined on-chain trading
Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
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Demo Trading
Futures Kickoff
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Futures Events
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Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Promotions
Activity Center
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Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
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Gate Blog
Crypto industry articles
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Proof of Reserves
Gate promises 100% proof of reserves
Bitcoin Strategy & Market Analysis | W4 December 2025
8% below Fair Value looks like a discount - until you check P/L the market is selling at a loss. This is a divergence, not value.
The report breaks down the real drivers behind Fair Value, the reversal in derivatives flows, and the macro framework for Q1 2026 under a LATE/RECESSION-RISK regime.