Gate Launchpad Mechanism Analysis and Future Outlook: The Innovation Engine in a Bull Run

On August 14, 2025, the price of Bitcoin surpassed $124,400, and the total market capitalization of global encryption assets climbed to a historic peak of $4.26 trillion.

In this capital feast, Gate Launchpad has performed remarkably since its restart in May: the three projects it launched, PFVS, PUMP, and IKA, have an average oversubscription of 434 times, with the highest single project attracting over 348 million USD in funding and a maximum first-day increase of 450%.

Through innovative mechanisms such as dual-track risk diversion and time value financialization, Gate Launchpad has become one of the most influential asset issuance platforms in this bull market. As of August 18, Gate's global users have exceeded 34 million, and its market share has jumped to the second place globally.

##Mechanism Revolution: The Precise Design of Dual-Track System and the Financialization of Time Value

The continuous evolution of the allocation mechanism is the core competitive advantage of Gate Launchpad in the fierce market competition. In the three project launches in 2025, the platform achieved a triple breakthrough.

• Dual-track risk diversion: In the IKA project, Gate has for the first time adopted a dual-pool design of USD1 (80%) + GT (20%). The USD1 pool avoids the risk of GT price fluctuations and provides subscription stability; while the GT pool retains arbitrage space (when GT drops, it can lower subscription costs). Market response has validated the success of this design - a subscription ratio of 196 million USD1 to 5.13 million GT (nearly 4:1), clearly revealing investors' risk aversion preference.

• Time Dimension Financialization: The IKA project introduces the "Hourly Snapshot + Proportional Distribution" rule, where the system allocates tokens based on the proportion of each user's average locked amount per hour to the total pool amount, clearly stating the principle that "the earlier you participate, the higher the returns." This design transforms time into a financial variable, effectively suppressing institutional multi-account strategies and favoring genuine early participants.

• Issuance model comparison experiment: Gate has verified two issuance paths through different projects. PFVS adopts a small volume high explosion model (10 million coins supply), achieving a 450% first-day increase, attracting 35,553 retail investors to participate. PUMP, on the other hand, chooses a high circulation persistence strategy (2.5 billion coins supply), achieving a 306 times oversubscription and maintaining a daily average trading volume of 120 million USD.

Ecological synergy, the growth flywheel of users, assets, and institutional businesses

The success of the Launchpad is not an isolated phenomenon, but is strongly synergized with the overall ecosystem of Gate, driving multi-dimensional growth of users, assets, and business.

• User and asset expansion: Within three months after the relaunch of Launchpad, Gate Alpha has launched nearly a thousand on-chain assets, P2P business coverage has expanded to 80 countries with over 50 fiat currencies, payment channels exceed 450 types, and user conversion rate has increased by 5.7% month-on-month.

• Rise of Institutional Business: The number of institutional users increased by 27% month-on-month, contract trading volume rose by 33.59%, and the total value of platform reserves reached 10.453 billion USD (excess reserve ratio of 23.09%), coupled with 100% asset transparency verified by zero-knowledge proofs, becoming a core asset to attract professional funds.

• Product innovation linkage: The "Dual Yield Plan" launched on August 12 allows users to automatically transfer staked BTC, ETH, GT, or USDT in Launchpool to the fixed term of Yubi Treasure, accumulating airdrop rewards and a maximum annual yield of 4%. This innovation further enhances the efficiency of capital utilization.

Compliance and the Future: The Ecologization of Stablecoins and Positioning in the Global Incremental Market

At the bottom of mechanism innovation, compliance constitutes the invisible pillar of Gate's growth. Its future development has clearly identified three major directions:

• Global compliance infrastructure: Obtained Dubai VASP license in Q2 2025, incorporating the Middle East into the service network, while simultaneously advancing compliance layouts in regions such as Lithuania and Japan. The platform's anti-money laundering mechanism has been certified by an international authority, and in the context of tightening regulations in various countries, such qualifications have become a key differentiating advantage to attract traditional capital.

• Stablecoin strategy upgrade: IKA subscription triggered a migration of $196 million USD1 funds, propelling Gate's USD1 holdings to second place among global exchanges. In the future, USD1 will upgrade from a subscription tool to an ecological base currency, covering trading pairs (BTC/USD1 spread narrowing to 0.1%), lending collateral, and other scenarios.

• Deep cultivation of emerging markets: Using Middle Eastern compliance licenses as a leverage point, combined with localized operations (such as the Dubai SPORT 3 Carnival attracting 110,000 users), to tap into incremental funds.

The Three Future Evolution Directions: Paradigm Innovation in Encryption Infrastructure

Based on the current trajectory, the evolution direction of Gate Launchpad is clearly discernible:

• Mechanism refinement: The dual-track system may be upgraded to a dynamic multi-asset allocation (e.g., by introducing LST), and the time-weighted rules will increase returns based on the length of the lock-up period. The distribution model will be further optimized, with designs such as "staged unlocking" balancing project stability and user liquidity needs.

• Stablecoin ecosystem closed loop: Based on Glassnode's prediction that exchange stablecoin holdings will exceed 200 billion USD by 2026, we will build a trading - staking - derivatives financial closed loop. USD1 will expand from a subscription tool to the base currency within the ecosystem, covering a wider range of financial scenarios.

• Global compliance deepening: Focus on expanding incremental markets such as the Middle East and Southeast Asia, while simultaneously advancing license acquisition and localized operations. The compliance network in over 10 countries will become Gate's core moat under the new regulatory environment.

##Future Outlook

The competitive logic of exchanges has been rewritten. As traditional platforms shrink their business, Gate converts a one-time token issuance into a $196 million stablecoin migration through a dual-track system, driving its derivatives trading volume to soar by 44% month-on-month (reaching $374 billion).

The future belongs to visionaries who transform stablecoins from speculative tools into financial infrastructure. With a compliance network covering over 10 countries and an ecosystem base of 34 million users, Gate Launchpad is reshaping the global capital flow of encryption asset issuance with its triple engine of mechanism revolution × ecological synergy × compliance expansion.