🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Galaxy Q3 encryption leverage report: on-chain lending hits a new high, futures Get Liquidated at a record level.
On November 20, according to the Q3 encryption leverage report released by Galaxy, the crypto mortgage surged to $20.46 billion in the third quarter of 2025, a rise of 38.5%, setting a historical high of $73.59 billion. DeFi lending increased by $14.52 billion to $40.99 billion. The total DAT debt exceeded $12 billion, with a quarterly addition of $422 million. The futures open interest reached $187.79 billion at the end of September, peaking at $220.37 billion on October 6. On October 10, over $17 billion in futures positions were liquidated due to a market big dump, marking the largest single-day liquidation in history, with Hyperliquid, CEX, and CEX liquidating $10.08 billion, $4.58 billion, and $2.31 billion, respectively.