The volatility of the macro environment has intensified market risk aversion, and Gate has launched the TradFi API and expanded institutional fiat channels

In the past week, global markets have been dominated by energy price shocks and geopolitical risks. The escalation of the situation in the Middle East has pushed international oil prices upward, with WTI crude oil seeing a weekly increase of over 25%.

Affected by macro risk sentiment, BTC, ETH, and U.S. stocks have all retreated. On-chain data shows that DEX trading volumes remain high overall, with the total market cap of stablecoins rising to approximately $330 billion, and USDC becoming the main source of growth. In the derivatives market, the perpetual funding rate for BTC continues to be negative, and implied volatility for options has risen above 60%, indicating that the market remains cautious about tail risks.

On the institutional side, as the linkage between traditional finance and the crypto market strengthens, institutional infrastructure continues to improve. Gate has recently launched a TradFi API, providing a more efficient execution environment for quantitative teams, institutional traders, and professional investors. Additionally, Gate has reached a strategic partnership with Bank Frick to integrate its xPULSE payment infrastructure, offering multi-currency fiat deposit and withdrawal channels for institutional clients. With the ongoing enhancement of trading and funding channel infrastructure, Gate is accelerating the construction of a comprehensive service system aimed at institutional clients.