Phyrex
Phyrex|Aug 03, 2026 09:57
Gate has been in the spotlight recently, so I’ve been keeping an eye on @Gate’s data. At first, there was indeed a wave of panic, but now it seems their stability is pretty solid. Looking at the data from DefiLlama, Gate isn’t as dire as some people imagined. In fact, both the weekly and monthly capital flows have been net positive recently. For many folks, the biggest concern is whether exchanges are insolvent or misusing user assets. So, when there’s a bank run, it’s the ultimate test of an exchange’s liquidity. A while back, there were indeed some withdrawal-related rumors in the market, but it seems like there haven’t been any issues with withdrawals being blocked. Also, based on DefiLlama’s trading data, whether it’s spot trading volume or open interest, Gate is performing quite well at the moment. Of course, which exchange to use is entirely up to everyone’s personal choice. The essence of an exchange is to provide good service to investors. PS: Please note that DefiLlama’s data isn’t 100% comprehensive across all chains, so it should only be used as a reference.
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