Gate Ventures Acquires ADEN, Third-Largest Decentralized Perpetuals Exchange

Gate Ventures announced the acquisition of ADEN, which will migrate to Gate Layer and relaunch on November 3 to improve scalability and enhance user services.

GT

Summary

According to its official statement, Gate Ventures has completed the strategic acquisition of ADEN, the world’s third-largest decentralized perpetuals exchange by monthly trading volume, exceeding $20 billion. The acquisition will see ADEN migrated onto Gate Layer to improve scalability and user service capabilities. The platform is set for an official relaunch on November 3.

Terms & Concepts
  • Decentralized Perpetuals Exchange: A trading platform that allows perpetual futures contracts without centralized intermediaries, enabling continuous trading and settlement via blockchain.
  • Gate Layer: A blockchain infrastructure layer associated with Gate Ventures, designed to host and support decentralized applications and services.