Gate News reported that on March 24, CoinGlass data shows that the 24-hour trading volume of XAG contracts across the network reached $4.578 billion, an increase of 32.3% compared to the previous period. Among centralized exchanges, liquidity is primarily concentrated on leading platforms, where one CEX had a 24-hour trading volume of $3.059 billion, and another CEX had a trading volume of $560 million, ranking the two as the market leaders.

Recently, the metal market has experienced a pullback, with international gold reaching a high of $4,534.8 and currently trading at $4,145.4; international silver peaked at $69.66 and is now trading at $61.31. Trading volume on Gate platform's metal contracts has grown significantly, with XAUT and XAG transaction volumes reaching $100 million and $130 million respectively, showing substantial month-over-month increases.

Nado decentralized exchange launched Silver commodity perpetual futures (XAG-PERP) on March 18, supporting up to 20x leverage with an isolated margin mode that ensures liquidation of a single position does not affect other holdings. Trading hours align with CME Globex, with position reduction operations only available during non-trading sessions.

On March 13, the Gate platform's gold (XAUT) 24-hour contract trading volume reached $56.2331 million, up 32.07% from the previous period, ranking third globally; silver (XAG) trading volume was approximately $153 million, also ranking third globally. The 24-hour highest prices for gold and silver were $5148.8 and $87.45 respectively.

Recently, metal market trading has been active, with international gold and silver prices fluctuating at high levels. The trading volume of metal contracts on the Gate platform ranks among the top three globally. Gate pioneered metal contract trading, offering 24/7 continuous trading to meet users' flexible needs during volatile market conditions.