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
Join events to earn rewards
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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
If we look at the relative performance of the $RSP (Equal weighted S&P500) vs the actualy $SPX it becomes quite clear that we...
a) never truly broke the weekly downtrend
b) every "broadening out" attempt was just a fake-out before liquidity rushed back to the hyperscalers (until last week, we've seen another attempt)
I wonder how this chart looks in a year or two from now.
On one side, hyperscalers will continue to hyperscale, have $500b+ capex gains concentrated on the top.
On the other side, a lot of the "493" other firms finally could see AI margin expansion too. Making current $RSP valuations cheap.
Are we witnessing a structural shift or will it once again bounce back in favor of the $RSP?