GateTokenGT

The exchange coin of Gate, gas on GateChain and Gate Layer, with quarterly burns since 2019.

Rank #73Since 2019

Price on 31 Oct 2026

C$13.03 +42.5% since 31 Jul 2026 · 64.2% below its all-time high

The short version

GateToken is issued by the Gate exchange (formerly Gate.io) and pays gas on GateChain, launched in 2019, and on Gate Layer, a rollup launched in Sep 2025. Of the 300 million maximum, 191,934,541 GT (64%) had been burned by the Q3 2026 burn of 1,987,321 GT, worth over US$22.35M. The Ethereum contract's owner can halt all transfers with one call. On 31 Oct 2026 one GT cost C$13.03. From 31 Jul 2026 to 31 Oct 2026 its price changed +42.5% in Canadian dollars, and it was 64.2% below its all-time high of C$36.41 set on 25 Jan 2025.^[1]

Facts checked 2 Nov 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$18.51 (3 Nov 2025) · low C$8.58 (7 Jun 2026) · -29.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$13.02	US$9.32
30 Sep 2026	C$15.38	US$10.80
31 Aug 2026	C$11.14	US$8.04
31 Jul 2026	C$9.13	US$6.51
30 Jun 2026	C$9.46	US$6.66
31 May 2026	C$9.66	US$7.00
30 Apr 2026	C$9.84	US$7.23
31 Mar 2026	C$9.16	US$6.57
28 Feb 2026	C$9.50	US$6.96
31 Jan 2026	C$12.60	US$9.29
31 Dec 2025	C$14.22	US$10.38
30 Nov 2025	C$14.34	US$10.26

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$13.03^[1]
3-month change: +42.5% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 64.2% below its high of C$36.41 (25 Jan 2025)^[1]
Market rank: #73, market value about C$1.4B^[1]
Kind: Token · Ethereum (ERC-20); native gas on GateChain and Gate Layer
Started: 2019

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNo mint function; 300 million fixed on Ethereum, the GoPlus mint flag is a false positive^{[2, 3, 4]}

Can anyone freeze or take coins from holders?YesThe owner can call resetMode() to halt all transfers; GoPlus flags it as pausable^{[2, 3, 4]}

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[4]

Is the supply capped?Yes300 million maximum; burns only reduce it^{[2, 5]}

Any scheduled unlocks in the next 12 months?NoNo vesting or locked allocations^[6]

Does a team or foundation hold over 10% of supply?Not disclosedGate's own GT holdings are not published^[7]

Do network fees reach coin holders?YesQuarterly buyback and burn from trading profits: 1,987,321 GT in Q3 2026^{[5, 6]}

Main network hacked or halted in the past 2 years?NoNo GT contract or GateChain exploit in the DefiLlama hacks list since Nov 2024^[8]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found^[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Issuer: Gate (formerly Gate.io), a crypto exchange; its proof-of-reserves report of 21 Oct 2026 showed US$8.688B of reserves^[7]
Admin powers: The owner address can call resetMode() to block all transfers; no mint or blacklist function^{[2, 3]}
Insider holdings: Gate's own GT holdings are not published^[7]

Supply

In circulation: 104.70M GT of a 142.62M maximum (73.4%)^[1]
Fully diluted value: 1.12 times its current market value^[1]
Maximum: 300 million GT; 191,934,541 (64%) burned by Oct 2026, cumulative value over US$1.504B^[5]
Q3 2026 burn: 1,987,321 GT (over US$22.35M) sent to the burn address, reported 5 Oct 2026^[5]
Q2 2026 burn: 2,570,063 GT (over US$17.75M), completed by 6 Jul 2026^[9]

Use and fees

Main use: Gas on GateChain and Gate Layer; fee discounts and ecosystem programs at Gate^{[7, 6]}
Who gets fees: Gate uses a share of trading profits to buy back GT and burn it each quarter^{[6, 9]}
Gate Layer: EVM optimistic rollup launched Sep 2025 with GT as exclusive gas; transactions still whitelisted as of 31 Oct 2025^[7]

Trading

Daily trading: About C$3.4M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 0.22% of its market value changes hands each day^[1]
20-week average: 13.1% above its 20-week average price^[1]
1-year change: -27.4% in C$^[1]^[10]
Thin trading: Typically under 1% of its market value trades in a day^[1]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[11]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: The GT Ethereum contract's owner, a single address, can call resetMode() and block every transfer until it calls activeMode() again.^{[2, 3]}

Gate's 21 Oct 2026 proof-of-reserves report covered 500 assets with US$8.688B of reserves (118.49%); GT reserves were 129%.^[7]
Gate integrated Circle's Arc blockchain across its products from 16 Sep 2026.^[7]
The ERC-20 contract's owner can block all transfers with resetMode(); activeStatus was true on 2 Nov 2026.^{[2, 3]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.