BroadChain News, April 23, 20:46 - According to reports on April 23, global markets showed an upward trend over the past week amid a phased easing of geopolitical tensions and stabilizing liquidity expectations. The easing of the Middle East situation led to a significant 10% drop in international oil prices, the VIX index fell to 17.48, and the US dollar weakened. Multiple factors collectively drove a recovery in market risk appetite, with crypto assets subsequently rebounding.
Signs of a capital market recovery were evident, with both BTC and ETH ETFs recording strong net inflows during the period. Institutional funds refocused on top-tier products, with allocation preferences shifting toward low-fee and high-liquidity assets. On-chain data showed a notable rebound in DEX trading volumes; stablecoins and DeFi internal structures experienced rebalancing, with USDC becoming the primary source of incremental growth. Over the past week, the number of TradFi asset categories on CEXs further expanded, with Gate adding 16 new stock TradFi products, a month-on-month increase of 6.5%.
At the institutional level, as the linkage between traditional finance and crypto markets strengthened, infrastructure continued to upgrade. Gate has fully deepened its TradFi layout, with its spot segment supporting stock and metal trading, and its derivatives segment covering diversified assets such as gold, silver, forex, indices, and commodities. Leveraging a flexible USDT settlement mechanism and up to 100x leverage, Gate provides more efficient multi-asset execution capabilities for quantitative teams, institutional traders, and professional investors, while continuously expanding its TradFi trading categories.
