diff --git a/routes/base.go b/routes/base.go
index eeb6bcc9..f66a29b0 100644
--- a/routes/base.go
+++ b/routes/base.go
@@ -76,7 +76,7 @@ type GetExchangeRateResponse struct {
 	USDCentsPerDeSoReserveExchangeRate uint64
 	BuyDeSoFeeBasisPoints              uint64
 	USDCentsPerDeSoBlockchainDotCom    uint64
-	USDCentsPerDeSoCoinbase            uint64
+	USDCentsPerDeSoCoinbase            uint64 // Deprecated
 
 	SatoshisPerBitCloutExchangeRate        uint64 // Deprecated
 	USDCentsPerBitCloutExchangeRate        uint64 // Deprecated
@@ -130,10 +130,11 @@ func (fes *APIServer) GetExchangeRate(ww http.ResponseWriter, rr *http.Request)
 }
 
 func (fes *APIServer) GetExchangeDeSoPrice() uint64 {
-	if fes.UsdCentsPerDeSoExchangeRate > fes.USDCentsToDESOReserveExchangeRate {
-		return fes.UsdCentsPerDeSoExchangeRate
+	// We no longer observe a reserve rate.
+	if fes.MostRecentDesoDexPriceUSDCents == 0 {
+		return fes.MostRecentGatePriceUSDCents
 	}
-	return fes.USDCentsToDESOReserveExchangeRate
+	return fes.MostRecentDesoDexPriceUSDCents
 }
 
 type BlockchainDeSoTickerResponse struct {
@@ -247,6 +248,111 @@ func (fes *APIServer) GetCoinbaseExchangeRate() (_exchangeRate float64, _err err
 	return usdCentsToDESOExchangePrice, nil
 }
 
+type GateTickerResponse struct {
+	CurrencyPair     string `json:"currency_pair"`
+	Last             string `json:"last"`
+	LowestAsk        string `json:"lowest_ask"`
+	LowestSize       string `json:"lowest_size"`
+	HighestBid       string `json:"highest_bid"`
+	HighestSize      string `json:"highest_size"`
+	ChangePercentage string `json:"change_percentage"`
+	BaseVolume       string `json:"base_volume"`
+	QuoteVolume      string `json:"quote_volume"`
+	High24H          string `json:"high_24h"`
+	Low24H           string `json:"low_24h"`
+}
+
+type currencyPair string
+
+const (
+	GateDesoUsdt currencyPair = "deso_usdt"
+	GateUsdtUsd  currencyPair = "usdt_usd"
+)
+
+func getTickerResponseFromGate(currencyPair currencyPair) (*GateTickerResponse, error) {
+	httpClient := &http.Client{}
+	url := fmt.Sprintf("https://api.gateio.ws/api/v4/spot/tickers?currency_pair=%v", currencyPair)
+	req, err := http.NewRequest("GET", url, nil)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem creating request: %v", err)
+		return nil, err
+	}
+	resp, err := httpClient.Do(req)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem making request: %v", err)
+		return nil, err
+	}
+	defer resp.Body.Close()
+	// Decode the response into the appropriate struct.
+	body, err := ioutil.ReadAll(resp.Body)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem reading response body: %v", err)
+		return nil, err
+	}
+	responseData := []GateTickerResponse{}
+	decoder := json.NewDecoder(bytes.NewReader(body))
+	if err = decoder.Decode(&responseData); err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem decoding response JSON into "+
+			"interface %v, response: %v, error: %v", responseData, resp, err)
+		return nil, err
+	}
+	if len(responseData) != 1 {
+		return nil, fmt.Errorf("GetGateExchangeRate: unexpected number of tickers returned from Gate: %v", len(responseData))
+	}
+	return &responseData[0], nil
+}
+
+func (fes *APIServer) GetGateExchangeRate() (_exchangeRate float64, _err error) {
+	desoToUSDTTickerResponse, err := getTickerResponseFromGate(GateDesoUsdt)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem fetching exchange rate from gate: %v", err)
+		return 0, err
+	}
+	usdtToUSDTickerResponse, err := getTickerResponseFromGate(GateUsdtUsd)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem fetching exchange rate from gate: %v", err)
+		return 0, err
+	}
+	usdtToUSDExchangePrice, err := strconv.ParseFloat(usdtToUSDTickerResponse.Last, 64)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem parsing USDT amount as float: %v", err)
+		return 0, err
+	}
+	desoToUSDTExchangePrice, err := strconv.ParseFloat(desoToUSDTTickerResponse.Last, 64)
+	if err != nil {
+		glog.Errorf("GetGateExchangeRate: Problem parsing DESO amount as float: %v", err)
+		return 0, err
+	}
+
+	// usdCents/DESO = (usdt/USD) * (DESO/USDT) * 100
+	usdCentsToDESOExchangePrice := (usdtToUSDExchangePrice * desoToUSDTExchangePrice) * 100
+	if fes.backendServer != nil && fes.backendServer.GetStatsdClient() != nil {
+		if err = fes.backendServer.GetStatsdClient().Gauge("GATE_LAST_TRADE_PRICE", usdCentsToDESOExchangePrice, []string{}, 1); err != nil {
+			glog.Errorf("GetGateExchangeRate: Error logging Last Trade Price of %f to datadog: %v", usdCentsToDESOExchangePrice, err)
+		}
+	}
+	return usdCentsToDESOExchangePrice, nil
+}
+
+func (fes *APIServer) GetExchangeRateFromDeSoDex() (float64, error) {
+	utxoView, err := fes.backendServer.GetMempool().GetAugmentedUniversalView()
+	if err != nil {
+		return 0, err
+	}
+	usdcProfileEntry := utxoView.GetProfileEntryForUsername([]byte(dusdcProfileUsername))
+	if usdcProfileEntry == nil {
+		return 0, fmt.Errorf("GetExchangeRateFromDeSoDex: Could not find profile entry for dusdc_")
+	}
+
+	usdcPKID := utxoView.GetPKIDForPublicKey(usdcProfileEntry.PublicKey)
+
+	midPriceUSD, _, _, err := fes.GetHighestBidAndLowestAskPriceFromPKIDs(&lib.ZeroPKID, usdcPKID.PKID, utxoView, 0)
+	if err != nil {
+		return 0, err
+	}
+	return midPriceUSD * 100, nil
+}
+
 // UpdateUSDCentsToDeSoExchangeRate updates app state's USD Cents per DeSo value
 func (fes *APIServer) UpdateUSDCentsToDeSoExchangeRate() {
 	glog.V(2).Info("Refreshing exchange rate...")
@@ -265,17 +371,29 @@ func (fes *APIServer) UpdateUSDCentsToDeSoExchangeRate() {
 		glog.Errorf("UpdateUSDCentsToDeSoExchangeRate: Error fetching exchange rate from coinbase: %v", err)
 	}
 
-	// Take the max
-	lastTradePrice, err := stats.Max([]float64{blockchainDotComPrice, coinbasePrice})
+	// Fetch price from gate
+	gatePrice, err := fes.GetGateExchangeRate()
+	glog.V(2).Infof("Gate price (USD Cents): %v", gatePrice)
+	if err != nil {
+		glog.Errorf("UpdateUSDCentsToDeSoExchangeRate: Error fetching exchange rate from gate: %v", err)
+	}
+
+	desoDexPrice, err := fes.GetExchangeRateFromDeSoDex()
+	glog.V(2).Infof("DeSoDex price (USD Cents): %v", desoDexPrice)
+	if err != nil {
+		glog.Errorf("UpdateUSDCentsToDeSoExchangeRate: Error fetching exchange rate from DeSoDex: %v", err)
+	}
 
 	// store the most recent exchange prices
-	fes.MostRecentCoinbasePriceUSDCents = uint64(coinbasePrice)
+	fes.MostRecentCoinbasePriceUSDCents = uint64(desoDexPrice)
 	fes.MostRecentBlockchainDotComPriceUSDCents = uint64(blockchainDotComPrice)
+	fes.MostRecentGatePriceUSDCents = uint64(gatePrice)
+	fes.MostRecentDesoDexPriceUSDCents = uint64(desoDexPrice)
 
 	// Get the current timestamp and append the current last trade price to the LastTradeDeSoPriceHistory slice
 	timestamp := uint64(time.Now().UnixNano())
 	fes.LastTradeDeSoPriceHistory = append(fes.LastTradeDeSoPriceHistory, LastTradePriceHistoryItem{
-		LastTradePrice: uint64(lastTradePrice),
+		LastTradePrice: uint64(desoDexPrice),
 		Timestamp:      timestamp,
 	})
 
diff --git a/routes/dao_coin_exchange_with_fees.go b/routes/dao_coin_exchange_with_fees.go
index 7e41b01e..2c8162a6 100644
--- a/routes/dao_coin_exchange_with_fees.go
+++ b/routes/dao_coin_exchange_with_fees.go
@@ -16,6 +16,10 @@ import (
 	"strings"
 )
 
+const (
+	dusdcProfileUsername = "dusdc_"
+)
+
 type UpdateDaoCoinMarketFeesRequest struct {
 	// The profile that the fees are being modified for.
 	ProfilePublicKeyBase58Check string `safeForLogging:"true"`
@@ -908,22 +912,31 @@ const FOCUS_FLOOR_PRICE_DESO_NANOS = 166666
 
 func (fes *APIServer) GetQuoteCurrencyPriceInUsd(
 	quoteCurrencyPublicKey string) (_midmarket string, _bid string, _ask string, _err error) {
-	if IsDesoPkid(quoteCurrencyPublicKey) {
-		// TODO: We're taking the Coinbase price directly here, but ideally we would get it from
-		// a function that abstracts away the exchange we're getting it from. We do this for now
-		// in order to minimize discrepancies with other sources.
-		desoUsdCents := fes.MostRecentCoinbasePriceUSDCents
-		if desoUsdCents == 0 {
-			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Coinbase DESO price is zero")
-		}
-		price := fmt.Sprintf("%0.9f", float64(desoUsdCents)/100)
-		return price, price, price, nil // TODO: get real bid and ask prices.
-	}
 	utxoView, err := fes.backendServer.GetMempool().GetAugmentedUniversalView()
 	if err != nil {
 		return "", "", "", fmt.Errorf(
 			"GetQuoteCurrencyPriceInUsd: Error fetching mempool view: %v", err)
 	}
+	if IsDesoPkid(quoteCurrencyPublicKey) {
+		usdcProfileEntry := utxoView.GetProfileEntryForUsername([]byte(dusdcProfileUsername))
+		if usdcProfileEntry == nil {
+			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Could not find profile entry for dusdc_")
+		}
+
+		usdcPKID := utxoView.GetPKIDForPublicKey(usdcProfileEntry.PublicKey)
+		midMarketPrice, highestBidPrice, lowestAskPrice, err := fes.GetHighestBidAndLowestAskPriceFromPKIDs(
+			&lib.ZeroPKID, usdcPKID.PKID, utxoView, 0)
+		if err != nil {
+			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error getting price for DESO: %v", err)
+		}
+		if highestBidPrice == 0.0 || lowestAskPrice == math.MaxFloat64 {
+			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error calculating price for DESO")
+		}
+		return fmt.Sprintf("%0.9f", midMarketPrice),
+			fmt.Sprintf("%0.9f", highestBidPrice),
+			fmt.Sprintf("%0.9f", lowestAskPrice),
+			nil
+	}
 
 	pkBytes, _, err := lib.Base58CheckDecode(quoteCurrencyPublicKey)
 	if err != nil || len(pkBytes) != btcec.PubKeyBytesLenCompressed {
@@ -942,66 +955,35 @@ func (fes *APIServer) GetQuoteCurrencyPriceInUsd(
 
 	// If the profile is the dusdc profile then just return 1.0
 	lowerUsername := strings.ToLower(string(existingProfileEntry.Username))
-	if lowerUsername == "dusdc_" {
+	if lowerUsername == dusdcProfileUsername {
 		return "1.0", "1.0", "1.0", nil
 	} else if lowerUsername == "focus" ||
 		lowerUsername == "openfund" {
 
-		// TODO: We're taking the Coinbase price directly here, but ideally we would get it from
-		// a function that abstracts away the exchange we're getting it from. We do this for now
-		// in order to minimize discrepancies with other sources.
-		desoUsdCents := fes.MostRecentCoinbasePriceUSDCents
+		// Get the exchange deso price. currently this function
+		// just returns the price from the deso dex.
+		desoUsdCents := fes.GetExchangeDeSoPrice()
 		if desoUsdCents == 0 {
 			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Coinbase DESO price is zero")
 		}
+
 		pkid := utxoView.GetPKIDForPublicKey(pkBytes)
 		if pkid == nil {
 			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error getting pkid for public key %v",
 				quoteCurrencyPublicKey)
 		}
-		ordersBuyingCoin1, err := utxoView.GetAllDAOCoinLimitOrdersForThisDAOCoinPair(
-			&lib.ZeroPKID, pkid.PKID)
-		if err != nil {
-			return "", "", "", fmt.Errorf("GetDAOCoinLimitOrders: Error getting limit orders: %v", err)
-		}
-		ordersBuyingCoin2, err := utxoView.GetAllDAOCoinLimitOrdersForThisDAOCoinPair(
-			pkid.PKID, &lib.ZeroPKID)
-		if err != nil {
-			return "", "", "", fmt.Errorf("GetDAOCoinLimitOrders: Error getting limit orders: %v", err)
-		}
-		allOrders := append(ordersBuyingCoin1, ordersBuyingCoin2...)
 		// Find the highest bid price and the lowest ask price
 		highestBidPrice := float64(0.0)
 		if lowerUsername == "focus" {
 			highestBidPrice = float64(FOCUS_FLOOR_PRICE_DESO_NANOS) / float64(lib.NanosPerUnit)
 		}
-		lowestAskPrice := math.MaxFloat64
-		for _, order := range allOrders {
-			priceStr, err := CalculatePriceStringFromScaledExchangeRate(
-				lib.PkToString(order.BuyingDAOCoinCreatorPKID[:], fes.Params),
-				lib.PkToString(order.SellingDAOCoinCreatorPKID[:], fes.Params),
-				order.ScaledExchangeRateCoinsToSellPerCoinToBuy,
-				DAOCoinLimitOrderOperationTypeString(order.OperationType.String()))
-			if err != nil {
-				return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error calculating price: %v", err)
-			}
-			priceFloat, err := strconv.ParseFloat(priceStr, 64)
-			if err != nil {
-				return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error parsing price: %v", err)
-			}
-			if order.OperationType == lib.DAOCoinLimitOrderOperationTypeBID &&
-				priceFloat > highestBidPrice {
-
-				highestBidPrice = priceFloat
-			}
-			if order.OperationType == lib.DAOCoinLimitOrderOperationTypeASK &&
-				priceFloat < lowestAskPrice {
-
-				lowestAskPrice = priceFloat
-			}
+		var lowestAskPrice, midPriceDeso float64
+		midPriceDeso, highestBidPrice, lowestAskPrice, err = fes.GetHighestBidAndLowestAskPriceFromPKIDs(
+			pkid.PKID, &lib.ZeroPKID, utxoView, highestBidPrice)
+		if err != nil {
+			return "", "", "", fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error getting price: %v", err)
 		}
 		if highestBidPrice != 0.0 && lowestAskPrice != math.MaxFloat64 {
-			midPriceDeso := (highestBidPrice + lowestAskPrice) / 2.0
 			midPriceUsd := midPriceDeso * float64(desoUsdCents) / 100
 
 			return fmt.Sprintf("%0.9f", midPriceUsd),
@@ -1018,6 +1000,58 @@ func (fes *APIServer) GetQuoteCurrencyPriceInUsd(
 		quoteCurrencyPublicKey)
 }
 
+func (fes *APIServer) GetHighestBidAndLowestAskPriceFromPKIDs(
+	coin1PKID *lib.PKID,
+	coin2PKID *lib.PKID,
+	utxoView *lib.UtxoView,
+	initialHighestBidPrice float64,
+) (float64, float64, float64, error) {
+	ordersBuyingCoin1, err := utxoView.GetAllDAOCoinLimitOrdersForThisDAOCoinPair(
+		coin1PKID, coin2PKID)
+	if err != nil {
+		return 0, 0, 0, fmt.Errorf("GetDAOCoinLimitOrders: Error getting limit orders: %v", err)
+	}
+	ordersBuyingCoin2, err := utxoView.GetAllDAOCoinLimitOrdersForThisDAOCoinPair(
+		coin2PKID, coin1PKID)
+	if err != nil {
+		return 0, 0, 0, fmt.Errorf("GetDAOCoinLimitOrders: Error getting limit orders: %v", err)
+	}
+	allOrders := append(ordersBuyingCoin1, ordersBuyingCoin2...)
+	// Find the highest bid price and the lowest ask price
+	highestBidPrice := initialHighestBidPrice
+	lowestAskPrice := math.MaxFloat64
+	for _, order := range allOrders {
+		priceStr, err := CalculatePriceStringFromScaledExchangeRate(
+			lib.PkToString(order.BuyingDAOCoinCreatorPKID[:], fes.Params),
+			lib.PkToString(order.SellingDAOCoinCreatorPKID[:], fes.Params),
+			order.ScaledExchangeRateCoinsToSellPerCoinToBuy,
+			DAOCoinLimitOrderOperationTypeString(order.OperationType.String()))
+		if err != nil {
+			return 0, 0, 0, fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error calculating price: %v", err)
+		}
+		priceFloat, err := strconv.ParseFloat(priceStr, 64)
+		if err != nil {
+			return 0, 0, 0, fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error parsing price: %v", err)
+		}
+		if order.OperationType == lib.DAOCoinLimitOrderOperationTypeBID &&
+			priceFloat > highestBidPrice {
+
+			highestBidPrice = priceFloat
+		}
+		if order.OperationType == lib.DAOCoinLimitOrderOperationTypeASK &&
+			priceFloat < lowestAskPrice {
+
+			lowestAskPrice = priceFloat
+		}
+	}
+	if highestBidPrice != 0.0 && lowestAskPrice != math.MaxFloat64 {
+		midPrice := (highestBidPrice + lowestAskPrice) / 2.0
+
+		return midPrice, highestBidPrice, lowestAskPrice, nil
+	}
+	return 0, 0, 0, fmt.Errorf("GetQuoteCurrencyPriceInUsd: Error calculating price")
+}
+
 func (fes *APIServer) CreateMarketOrLimitOrder(
 	isMarketOrder bool,
 	request *DAOCoinLimitOrderCreationRequest,
diff --git a/routes/server.go b/routes/server.go
index e530b723..41430c81 100644
--- a/routes/server.go
+++ b/routes/server.go
@@ -398,8 +398,10 @@ type APIServer struct {
 	LastTradePriceLookback uint64
 
 	// most recent exchange prices fetched
-	MostRecentCoinbasePriceUSDCents         uint64
+	MostRecentCoinbasePriceUSDCents         uint64 // Deprecated
 	MostRecentBlockchainDotComPriceUSDCents uint64
+	MostRecentGatePriceUSDCents             uint64
+	MostRecentDesoDexPriceUSDCents          uint64
 
 	// Base-58 prefix to check for to determine if a string could be a public key.
 	PublicKeyBase58Prefix string
diff --git a/routes/transaction.go b/routes/transaction.go
index 61b94deb..41fb3e88 100644
--- a/routes/transaction.go
+++ b/routes/transaction.go
@@ -1199,7 +1199,7 @@ func (fes *APIServer) GetNanosFromUSDCents(usdCents float64, feeBasisPoints uint
 }
 
 func (fes *APIServer) GetUSDFromNanos(nanos uint64) float64 {
-	usdCentsPerDeSo := float64(fes.UsdCentsPerDeSoExchangeRate)
+	usdCentsPerDeSo := float64(fes.GetExchangeDeSoPrice())
 	return usdCentsPerDeSo * float64(nanos/lib.NanosPerUnit) / 100
 }