The trading volume of silver contracts surged by 27%, and Gate's open interest ranked among the top three in the world

According to CoinGlass data, the market activity of silver (XAG) has significantly increased, with a contract trading volume reaching 3.112 billion USD, a rise of 27.30%, and a total contract open interest of approximately 239 million USD. Among them, the open interest on the Gate platform exceeds 16.53 million USD, ranking among the top three globally.

Gate has pioneered the metal contract trading sector, providing 24/7 uninterrupted trading, offering users greater strategic flexibility and asset management efficiency in volatile markets. Currently, Gate contracts comprehensively cover various asset categories including metals, stocks, foreign exchange, commodities, and indices, encompassing a wide range of contract trading targets such as gold, silver, platinum, crude oil, Tesla, Microsoft, and more, with a maximum leverage support of 100x, assisting users in achieving cross-market and multi-asset strategy layouts.