# Gate (GT) — crypto price, market cap and strength versus Bitcoin > Gate trades at $6.51 with a market capitalisation of $720.1M (rank 87). Over 90 days it is +10% against Bitcoin and sits below its 200-day average. Exchange Tokens as a theme is -3.1% against Bitcoin over 13 weeks. Price readings run through 2026-07-31. ## Agent research brief - What this coin is: Gate (GT), a Exchange Tokens token of $720.1M at market-cap rank 87. On-chain activity is sourced from protocol. - What the tape says: +10% versus Bitcoin over 90 days; below its 200-day average. Exchange Tokens as a theme is -3.1% against Bitcoin over 13 weeks. - What the evidence supports: 49.9/100 inside Exchange Tokens on 55% evidence (10% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Gate does publish total value locked. Theme: Exchange Tokens (/mla/crypto/sector/exchange-tokens). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk Gate is -61.9% over one year, -10.2% over 90 days and -0.6% over 30 days. Annualised 30-day volatility is 21%. Its deepest fall from a high inside the last 90 days is 18%. It trades below its 200-day average, which is falling. - Price: $6.51 - Market cap: $720.1M (rank 87) - Returns: 7d -1.2%; 30d -0.6%; 90d -10%; 180d -20%; 1y -62% - RS versus Bitcoin, 90d: +10.0% - 30-day volatility: 21% annualised; deepest 90-day fall 18% - 200-day average: $7.19, trading below it ## Protocol economics Gate publishes 1 of the six network-economics series this site tracks: total value locked. Total value locked at the latest complete quarter is $4.2B. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter. - Total value locked: latest quarter $4.2B; change -44%; covered 15/20 quarters ## Research score Gate: 49.9/100 — Illiquid · research only; 19.5 + 13.5 + 10.0 + 6.9 = 49.9; evidence 55%; native evidence 10%; rank 9 of 20 rated Exchange Tokens coins Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## Exchange Tokens scorecard Gate is one of 25 Exchange Tokens coins here, 20 of which carry enough evidence to be rated and ranked. Gate ranks 9 of those 20 on 55% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. OKB (OKB): score 68.2; evidence 55%; Tape-led · on-chain proof incomplete - 2. WhiteBIT Coin (WBT): score 62.2; evidence 50%; Tape-led · on-chain proof incomplete - 3. LEO Token (LEO): score 62; evidence 50%; Illiquid · research only - 4. BNB (BNB): score 61.7; evidence 55%; Tape-led · on-chain proof incomplete - 5. MX (MX): score 58.3; evidence 55%; Tape-led · on-chain proof incomplete - 6. HTX DAO (HTX): score 58.3; evidence 42%; Tape-led · on-chain proof incomplete - 7. XT.com (XT): score 51.4; evidence 50%; Tape-led · on-chain proof incomplete - 8. Bitget Token (BGB): score 50.5; evidence 50%; Tape-led · on-chain proof incomplete - 9. Gate (GT) [this coin]: score 49.9; evidence 55%; Illiquid · research only - 10. NEXO (NEXO): score 45.6; evidence 55%; Tape-led · on-chain proof incomplete - 11. NKYC Token (NKYC): score 45.6; evidence 55%; Illiquid · research only - 12. BTSE Token (BTSE): score 43.8; evidence 50%; Illiquid · research only - 13. Bit2Me (B2M): score 40.7; evidence 50%; Illiquid · research only - 14. Cronos (CRO): score 39.1; evidence 69%; Tape-led · on-chain proof incomplete - 15. KuCoin (KCS): score 39.1; evidence 55%; Illiquid · research only - 16. bitcastle Token (BCE): score 34.4; evidence 50%; Illiquid · research only - 17. HashKey Platform Token (HSK): score 34.2; evidence 55%; Illiquid · research only - 18. BitMart (BMX): score 32.3; evidence 55%; Tape-led · on-chain proof incomplete - 19. Global Commercial Business (GCB): score 31.3; evidence 50%; Illiquid · research only - 20. MBG By Multibank Group (MBG): score 30.7; evidence 50%; Illiquid · research only ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Gate (GT)? Gate is a Exchange Tokens cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 25 Exchange Tokens coins on this site. Readings are as of 2026-07-31. ### What is the market cap of Gate? Gate's market capitalisation is $720.1M, ranking it 87 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above. ### Is Gate beating Bitcoin? Gate is +10% against Bitcoin over 90 days, and its own theme, Exchange Tokens, is -3.1% over 13 weeks. It trades below its 200-day average as of 2026-07-31. ### Does Gate have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### What is Gate's research score? 49.9/100 within Exchange Tokens, ranked 9 of 20 rated Exchange Tokens coins, on 55% evidence: 19.5 + 13.5 + 10.0 + 6.9 = 49.9. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action. ### How much Gate history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Gate actually publishes. Here that is total value locked. ### Does Gate generate total value locked? Gate's latest quarter total value locked is $4.2B, down 43.9% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.