BlockBeats News, September 29th, The leading global cryptocurrency exchange Gate announced the official launch of its self-developed decentralized perpetual contract exchange, Gate Perp DEX. The platform is built on the high-performance Layer 2 network Gate Layer and is a key implementation of Gate’s “All in Web3” strategy, aiming to provide users with a high-speed, transparent, and secure derivative trading experience.
Gate Perp DEX features a built-in matching engine that supports high concurrency and low-latency trading. Users can open positions with just a wallet connection, truly achieving “connect and use.” The platform is compatible with multiple chain networks such as Solana, Ethereum, BSC, Base, and enables cross-chain communication through LayerZero.
The platform currently supports 447 markets, offering support for cross/ isolated margin, both long/short positions, and diversified order types. The maximum leverage for BTC and ETH markets can reach up to 125x. The order book is optimized for spread and depth, providing a professional experience close to a centralized exchange (CEX). Assets are custodied by on-chain ledgers and audited contracts to ensure security and transparency.
Furthermore, the Gate Perp DEX public beta testing opened on September 29th, allowing users to participate in rewards and competitions, with individuals eligible for up to a 500 GT airdrop.
