Introduction to Gate Perp DEX
Gate, a prominent player in the cryptocurrency exchange industry, has officially unveiled its new decentralized perpetual contract trading platform, known as Gate Perp DEX. This launch marks a significant step in advancing Gate’s comprehensive “All in Web3” strategy, as the exchange aims to enhance user experience through a cutting-edge high-performance Layer 2 infrastructure called Gate Layer. Designed to facilitate derivative trading, Gate Perp DEX prioritizes speed, transparency, and security for its users.
Key Features of Gate Perp DEX
This innovative platform integrates a sophisticated matching engine that excels in handling high volumes of trades with minimal latency, allowing users to simply connect their digital wallets to start trading without the need for complex setups. Additionally, Gate Perp DEX is designed for multi-chain compatibility, currently supporting major networks including Solana, Ethereum, Binance Smart Chain (BSC), and Base. Enhanced cross-chain functionality is enabled via LayerZero technology.
Trading Options and Leverage
Traders on Gate Perp DEX have access to an extensive array of trading options, featuring 447 markets with support for cross and isolated margin trading, along with the flexibility to hold both long and short positions. Users can enjoy substantial leverage of up to 125 times on Bitcoin (BTC) and Ethereum (ETH) markets, while the order book is finely tuned to deliver a user experience reminiscent of centralized exchanges.
Security and Public Beta Phase
In terms of security and reliability, assets are managed through on-chain ledgers and undergo audits of smart contracts, ensuring that the platform remains both secure and transparent. Furthermore, Gate has initiated a public beta phase for the DEX on September 29th, offering participants various incentives, including chances to win rewards and compete for a potential airdrop of up to 500 GT tokens.
