Gate's ETH staking product has set a new all-time high for the second straight day, with total staked volume reaching 195,700 ETH and a reference annualized yield of 4.15%. Users who stake ETH receive GTETH tokens on a 1:1 basis, which can be traded freely, offering a balance between earning staking rewards and maintaining liquidity. The platform also supports instant redemption, allowing users to swap GTETH back to ETH at any time along with accrued rewards, effectively removing the burden of long lock-up periods.
As a liquid staking token, GTETH's net value appreciates as staking rewards accumulate, enabling holders to automatically grow their assets without manual intervention. This design significantly lowers the participation barrier and has attracted a large number of users seeking steady returns while keeping funds flexible, driving the staking volume to consecutive record highs.
Beyond ETH, Gate offers staking services for several other major assets. At the time of writing, the reference annualized yields are: GUSD at 3.00%, BTC at 2.67%, SOL at 8.50%, and USDT at 4.62%, providing a diversified set of yield options for investors with different risk profiles.