Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
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Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
In the first quarter, public miners sold more Bitcoin than in all of 2025.
MARA, CleanSpark, Riot, Cango, Core Scientific, and Bitdeer collectively sold over 32,000 BTC. This figure exceeds the massive sell-offs seen after the Terra ecosystem crash in 2022, when approximately 20,000 coins entered the market.
At the current hashrate, approximately 20% of the industry is currently operating at a loss. The pressure on mining operations is further exacerbated by rising electricity costs and mining difficulty, which is near historical highs.