What is the Gate xStock area?

The Gate xStock section is an innovative trading segment launched by Gate, aiming to map the stock prices of globally renowned companies into the blockchain world. By issuing tokens based on Solana SPL and ERC-20 standards, it creates on-chain tradable “stock tracking certificates,” also known as stock tokens (xStock). These tokens track the stock prices of the corresponding companies, allowing users to participate in perpetual contract trading of stocks from companies like Apple, Google, and Tesla without the need to open a traditional securities account, using USDT.

What transactions are supported?

Currently, the xStock area has launched multiple representative and highly active stock token contracts, including but not limited to:

• AAPLX (Apple)
• GOOGLX (Google)
• TSLAX (Tesla)
• AMZNX (Amazon)
• MSTRX (MicroStrategy)
• CRCLX (Circle)
• ETFs such as QQQX, SPYX, DFDVX token

These contracts are settled in USDT, support 1-10 times leverage, and allow free choice to go long or short, flexibly responding to market conditions.

What are the advantages of xStock?

• 24/7 round-the-clock trading: No need to wait for traditional stock markets to open, participate anytime.
• No need for a securities account: You can get started using a crypto wallet or Gate account.
• Two-way operation: not only can you profit from rising prices, but you can also seize opportunities in falling markets.
• On-chain transparency: Based on the Solana and Ethereum networks, the contract mechanism is open and transparent.
• Contract experience voucher benefits: Frequent trading competitions and airdrop events, making it easier for beginners to enter.

Who is suitable to participate in xStock?

xStock is particularly suitable for the following types of users:

• If you want to experience the price fluctuations of global stocks such as US stocks, but find it inconvenient to open a securities account;
• Cryptocurrency users who are familiar with contract trading and are skilled in long and short strategies;
• Investors hoping to achieve diversification of asset allocation through tokenization of assets.
• Market explorers optimistic about blockchain financial innovation directions.

Summary

The Gate xStock section integrates traditional stocks with the world of crypto assets, allowing users to participate in the trading of high-quality global assets with low barriers and high efficiency. Whether you are a contract veteran or a crypto newcomer looking to explore the future of stock tokenization, xStock is a new track worth trying. In the future, as more assets go live, this section is expected to become a key entry point bridging crypto finance and traditional assets.