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BTC $77,376.45 +2.79%
ETH $2,430.56 +3.08%
BNB $641.62 +0.79%
XRP $1.49 +1.80%
SOL $89.27 -0.77%
TRX $0.3270 +0.14%
DOGE $0.1000 +0.70%
ADA $0.2612 +0.64%
BCH $454.75 +1.82%
LINK $9.68 +0.53%
HYPE $44.37 +0.52%
AAVE $117.42 +0.81%
SUI $1.01 +1.43%
XLM $0.1743 +4.03%
ZEC $330.52 -3.82%

sync

Gate 2 Monthly Transparency Report: The multi-asset trading ecosystem continues to expand, with on-chain and trading products growing in sync

According to the latest transparency report released by the digital asset trading platform Gate, the multi-asset trading ecosystem of the platform continues to expand, with on-chain and trading products maintaining growth. The Gate Layer network address scale has reached 100.5 million, with a total on-chain transaction volume exceeding 28.5 million, a month-on-month increase of 14%, and the activity of on-chain derivatives and the network continues to rise.In February, the trading products and user ecosystem also achieved a scale breakthrough, with Gate ETF supporting a total of 320 ETF trading pairs, and the number of new trading bot users increasing by 23.1% month-on-month, while copy trading users grew by 13%. At the same time, CandyDrop launched 7 projects in February, during which the contract trading volume exceeded $15 billion, and the highest annualized yield of Launchpool reached over 540% in one hour. Additionally, the cumulative subscription scale of YuBiBao approached 1.8 billion USDT, with the TVL of on-chain earning products reaching a maximum of $1.213 billion; the average daily trading volume of institutional contracts increased by 20% month-on-month. As the on-chain ecosystem, trading products, and institutional services develop in sync, Gate is continuously strengthening its multi-asset trading ecosystem layout.

Gate 2 Monthly Transparency Report: The multi-asset trading ecosystem continues to expand, with on-chain and trading products growing in sync

According to the latest transparency report released by the digital asset trading platform Gate, the multi-asset trading ecosystem of the platform continues to expand, with on-chain and trading products maintaining growth. The Gate Layer network address scale has reached 100.5 million, with a total on-chain transaction volume exceeding 28.5 million, a month-on-month increase of 14%, and the activity of on-chain derivatives and networks continues to rise.In February, the trading products and user ecosystem also achieved a scale breakthrough, with Gate ETF supporting a total of 320 ETF trading pairs, and the number of new trading bot users increasing by 23.1% month-on-month, while copy trading users grew by 13%. Meanwhile, CandyDrop launched 7 projects in February, during which the contract trading volume exceeded $15 billion, and the highest annualized return rate of Launchpool reached over 540% in just one hour.In addition, the cumulative subscription scale of Yubibao has approached 1.8 billion USDT, with the TVL of on-chain earning products reaching a maximum of $1.213 billion; the average daily trading volume of institutional contracts increased by 20% month-on-month. As the on-chain ecosystem, trading products, and institutional services develop in sync, Gate is continuously strengthening its multi-asset trading ecosystem layout.

GoPlus: Polymarket Hacked, Flaws in Off-Chain and On-Chain Transaction Result Synchronization Mechanism

According to disclosures from the GoPlus Chinese community, the prediction market platform Polymarket was hacked due to a design flaw in the synchronization mechanism between off-chain and on-chain trading results in its order system.The attacker manipulated the nonce, causing on-chain matched trades to be canceled or invalidated before execution, while off-chain records remained valid, leading to API false reports that affected trading behaviors of bots like Negrisk, resulting in user losses. The analysis of the attack process is as follows:The attacker submitted/matched large reverse trades with the market-making bot on the Polymarket off-chain orderbook.The attacker constructed transactions with forged/repeated nonces or utilized on-chain nonce competition, causing the on-chain transactions to inevitably revert.The Polymarket API returned "transaction successful" to the bot before on-chain confirmation, leading the bot to believe that the position had been hedged, while the actual on-chain state had not changed.The attacker then executed real on-chain trades to take advantage of the direction exposed by the bot, thus profiting "risk-free."Since the revert occurred at the chain level, Polymarket fees would not explode, making the attack cost controllable and executable continuously.GoPlus recommends that users pause automated trading tools, verify on-chain trading statuses, enhance wallet security, and closely monitor official announcements from Polymarket.
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