Gate Expands ‘All in Web3’ Plan with Gate Layer and Perp DEX Services

Gate’s latest ecosystem upgrade leverages GT token as gas in its Layer 2 network, while enhancing DeFi offerings with high-leverage perpetual trading and zero-code token creation tools.

GT

Summary

Gate has announced progress in its ‘All in Web3’ initiative, expanding its Layer 2 ecosystem—Gate Layer—where GT serves as the exclusive gas token. Gate Perp DEX now supports 469 trading pairs with leverage of up to 125×. Complementing this, Gate Fun provides zero-code token creation, integrating built-in liquidity features and anti-rug safeguards, enabling secure and accessible token launches. The advancements aim to strengthen Gate’s position in decentralized finance and blockchain innovation.

Terms & Concepts
  • Layer 2: A secondary framework built on an existing blockchain to improve scalability and transaction speed.
  • Gas: A fee paid to execute transactions or smart contracts on a blockchain network.
  • Perpetual DEX: A decentralized exchange offering perpetual futures contracts without expiration.