Gate said in its July wealth management report that the crypto market continued a cautious recovery during the month, with total market capitalization rebounding to $2.26 trillion, up about 7.6% from a month earlier. BTC rose 7.3% and ETH gained 18.5%, while demand for stable-yield products and diversified strategies increased during the recovery, according to the report.
On the conservative wealth management side, holdings in Gate’s fixed-term flexible products showed BTC up 7.3% month on month and USDT up 70.4%. GUSD’s total minted supply climbed from about 182 million tokens at the start of July to about 215 million by month-end, and at one point exceeded 230 million.
For advanced products, the annualized return on Gate’s BTC dual-currency investment for 0-day buy-low and sell-high structures reached 95.5% and 113.5%, respectively, or 34.4 and 32.6 percentage points above the market average. The report also said the average monthly return for quantitative fund USDT strategies was 3.0% in July, with Interstellar Pioneer leading at 4.2%, while Interstellar Hedge posted a cumulative return of 19.1% and maintained a 100% monthly win rate for 25 straight months. In equities, trading share in South Korean stocks briefly reached about 90% early in the month before U.S. stocks recovered to around 70%, while SK Hynix and SpaceX ranked first and second in holdings.
Gate’s July wealth management report said the crypto market stayed in a cautious recovery phase during the month, with total market capitalization rebounding to $2.26 trillion, up about 7.6% month on month. BTC rose 7.3% and ETH gained 18.5%.
Stable-yield products remained active
According to the report, the market recovery was accompanied by stronger demand for stable-yield allocations and diversified strategies, and Gate’s wealth management business remained active.
In lower-risk products, holdings in Gate’s fixed-term Yu Bi Bao products showed BTC up 7.3% from a month earlier, while USDT jumped 70.4%. Total GUSD minted supply increased from about 182 million at the beginning of July to about 215 million at the end of the month, after briefly topping 230 million during the period.
Dual-currency investment and quantitative fund results
In advanced wealth products, annualized returns for Gate’s BTC dual-currency investment reached 95.5% for the 0-day buy-low structure and 113.5% for the 0-day sell-high structure. Those figures were 34.4 percentage points and 32.6 percentage points above the market average, respectively.
For July, the average monthly return of quantitative fund USDT strategies was 3.0%. Interstellar Pioneer ranked first with 4.2%, while Interstellar Hedge recorded a cumulative return of 19.1% and kept a 100% monthly win rate for 25 consecutive months.
Equity trading mix shifted with market conditions
In stock assets, Gate said trading structure on the platform changed with market moves. South Korean stocks at one point accounted for about 90% of trading early in the month, before U.S. stocks recovered to around 70% of trading share.
In holdings, SK Hynix ranked first at 59.3%, followed by SpaceX at 15.2%. The report said this showed user allocation on the platform extending across crypto assets, stable-yield products, structured strategies and stocks.
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