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Gate Launchpad Future Outlook: A Trio of Mechanism Revolution, Ecological Collaboration, and Compliance Expansion
In the second quarter of 2025, amid intensifying competition in the global crypto market, Gate exchange's user base surpassed 30 million, and its market share jumped to second place in the world.
The core engine of this growth is the restarted Launchpad platform - from the first project Puffverse (PFVS) in May, which raised over $656 million (over 938 times oversubscribed), to the $196 million USD1 capital migration triggered by the third project Ika (IKA) in July.
Every issuance tests the boundaries of mechanism innovation, and every subscription reshapes the direction of capital flow.
##Evolutionary trajectory: From token distribution to the qualitative change of economic experimentation.
The restart of Gate Launchpad in 2025 marks the beginning of a brand new phase. The PFVS project, which debuted in May, set a precedent with its exquisite design, surpassing 20 million USDT in subscription amount within just 5 hours of going live, ultimately attracting over 30,000 participants with a total investment of 650 million USDT.
This small-volume high-explosion model validates the market's demand for quality assets, with its 450% increase on the first day becoming a perfect prologue for the platform's restart.
The PUMP project two months later switched its strategy path. With a total of 2.5 billion tokens and an ultra-low unit price of 0.004 USDT, it created an industry record of 306 times oversubscription. Its value lies in proving the durability of high circulation projects, with a stable daily trading volume of 120 million USDT after launching, bringing continuous liquidity to the platform.
The real qualitative change occurred in the third phase of the IKA project. While the market was still digesting the data from the first two phases, Gate introduced a dual-track subscription mechanism with USD1 and GT for the first time, allocating 80% of the quota to the stablecoin USD1 and only 20% to the platform token GT.
This design instantly rewrote the flow of funds. On-chain data shows that within 72 hours of the subscription launch, USD1 worth 170 million dollars flowed into Gate's hot wallet through the BSC chain.
Mechanism Innovation, Restructuring Market Structure and Capital Efficiency
The dual-track subscription system is by no means a simple increase in options; its essence is a design for the diversion of risk preferences. The USD1 pool provides price certainty, avoiding the risk of GT price fluctuations; while the GT pool retains the possibility of arbitrage—if the GT price declines, dynamic pricing may result in subscription costs being significantly lower than those of the USD1 pool.
The market response validates the foresight of this mechanism. The total amount of IKA finally subscribed reached 196 million USD1 and 5.13 million GT, forming a nearly 4:1 fund ratio. This significant gap reveals the current market's risk-averse instinct, with investors preferring to lock in profits using stablecoins.
The deeper impact lies in the competition for control over the liquidity of the exchange. When nearly 200 million USD1 is locked on the Gate platform due to subscriptions, these funds essentially constitute a "zero-cost capital pool". During the lock-up period before the project goes live, the exchange can freely allocate these stablecoins: providing depth for spot trading pairs, supporting collateral for lending services, and even engaging in short-term arbitrage.
Another breakthrough in the subscription rules is the "hourly snapshot + proportional distribution" mechanism. The system calculates the proportion of tokens distributed based on the average locked amount of users each hour, clearly emphasizing that "the earlier you subscribe, the higher the returns."
This design gives financial value to the time dimension, allowing early participants, even with smaller amounts of capital, to potentially achieve excess returns. However, it also imposes higher demands on institutional players' multi-account strategies.
Ecological Synergy, the Multiplier Effect of Launchpad Becomes Apparent
The success of Launchpad is by no means an isolated phenomenon. When the IKA subscription triggered a massive migration of stablecoins, Gate's USD1 holdings surged to the second highest in the industry, only behind Binance. This event marks a historic shift of stablecoins from trading tools to strategic assets for exchanges.
The synergy effect is particularly significant in the dimension of user growth. In the three months following the relaunch of Launchpad, Gate Alpha (formerly MemeBox) launched nearly a thousand on-chain assets, attracting hundreds of thousands of trading users; Gate P2P business has expanded its coverage to 80 countries with over 50 fiat currencies, and more than 450 payment channels, with a month-on-month increase in transaction conversion rate of 5.7%.
Institutional business is also taking advantage of this momentum, with a month-on-month increase of 27% in the number of users and a 33.59% rise in contract trading volume. This formation of a growth flywheel is a direct reflection of the collaborative value of the ecosystem.
Asset expansion is accelerating simultaneously. The number of new coins launched on the platform has increased by 65% month-on-month, and the Launchpad has become a natural testing ground for project selection—from PFVS's 3D metaverse game ecosystem to IKA's "fastest parallel MPC network" technology narrative, a diverse range of quality assets continues to enrich the exchange's shelves.
Compliance Strategy, the Underlying Support for Global Expansion
Behind the mechanism innovation and ecological expansion, Gate's compliance layout has built the key infrastructure support. In Q2 2025, the platform obtained the Dubai VASP license, successfully incorporating the Middle East into the compliance service network.
As of now, its global compliance map has covered more than 10 countries and regions including Lithuania and Japan, laying the foundation for global user access to the Launchpad.
The construction of asset transparency has also made breakthroughs. Currently, Gate's total reserve value has reached 10.453 billion USD, with an excess reserve ratio of 23.09%. The use of zero-knowledge proof technology allows for 100% verifiability of user assets. This data surpasses that of most exchanges in the industry, becoming a core competitive advantage in attracting institutional funds.
The upgrade of the risk control system further strengthens the foundation of trust. The platform's anti-money laundering mechanism has been certified by international authoritative institutions. Against the backdrop of tightening regulations in various countries, such compliance qualifications will become a key differentiated advantage for Launchpad in attracting traditional capital.
##Future Vision, Innovative Model of Encryption Economic Infrastructure
Looking ahead to the second half of 2025, the evolution direction of Gate Launchpad has begun to take shape. The dual-track subscription mechanism may become standard, while the time-weighted distribution rules will more finely balance the interests of large and small investors. As the strategic value of stablecoins becomes more prominent, the application scenarios of USD1 within the ecosystem will continue to expand—from benchmark trading pairs to lending collateral, ultimately forming a closed-loop financial ecosystem.
The globalization layout will further accelerate. Relying on the existing compliance network in more than 10 countries, user growth in emerging markets, especially in the Middle East, will become a new engine. The SPORT3 Sports Carnival held in Dubai and the platform's 12th anniversary celebration have already released clear regional strategic signals.
The deeper impact lies in the reconstruction of industry standards. While most exchanges still regard platform tokens as the only subscription certificate, Gate's "stablecoin + platform token" dual-track system is paving a new path. This model not only alleviates the selling pressure risk of GT but also enhances the exchange's capital strength through the stablecoin pool.
According to blockchain analysis firm Glassnode, the total amount of stablecoins held by exchanges is expected to exceed $200 billion by 2026. In this smoke-free battlefield, Gate's breakthrough has written a new footnote for industry competition.
##Future Outlook
Crypto analyst Yu Jin tracked down the core of this silent revolution: after the Ika Launchpad launched, Gate's USD1 holdings surged by nearly 200 million dollars within a few days, surpassing many competitors and jumping to the second position globally in terms of USD1 holdings, second only to Binance.
The war of exchanges has shifted from a competition of trading volume to a contest of capital pool size.
The future belongs to those visionaries who transform stablecoins from speculative tools into financial infrastructure. As the sword of Damocles of regulation slowly descends, Gate's compliance network covers more than 10 countries and regions, with a total reserve value of 10.453 billion dollars, constructing a true moat for its Launchpad.
The trio of mechanism revolution, ecological synergy, and compliance expansion is propelling Gate Launchpad to the center stage of innovation in the crypto economy.