Gate Launches Layer-2 & Revamps GT Tokenomics

Introduction: Gate enters the Layer-2 era

Crypto exchange Gate has officially unveiled its Layer-2 network, Gate Layer, built on the OP Stack and fully EVM-compatible. Gate Layer leverages GateChain as the settlement layer, enabling reduced transaction costs and improved scalability.

This marks a strategic step positioning Gate as both an exchange and a blockchain infrastructure provider.

Gate Layer: The backbone of “All in Web3”

Gate positions Gate Layer as the backbone of its “All in Web3” strategy, launching multiple tools to enhance adoption:

   • Perp: a perpetual trading hub with CEX-level liquidity.

   • Gate Fun: a no-code incubator for token launches.

   • Meme Go: a real-time multi-chain meme token tracker.

Together, these tools show Gate’s ambition to evolve into a comprehensive Web3 ecosystem.

GT tokenomics overhaul: Exclusive gas token

Alongside Gate Layer’s launch, Gate has revamped GT tokenomics:

   • GT becomes the exclusive gas token for Gate Layer.

   • Maintains its dual burn mechanism.

   • Over 180 million GT have been burned to date, representing ~60% of the original supply.

This creates stronger utility and scarcity for GT, directly linking the token to network adoption.

Market context and comparison

Gate’s move mirrors trends from other major exchanges, such as Coinbase with Base, who are combining proprietary Layer-2 solutions with token ecosystems to:

   • Deepen user engagement within their platforms.

   • Strengthen competitiveness with unique infrastructure.

   • Expand Web3 reach beyond trading services.

Conclusion: From exchange to Web3 infrastructure provider

By integrating Layer-2 infrastructure with a revamped GT tokenomics model, Gate aims to transform from a mere trading platform into a full-stack Web3 infrastructure provider, ready to compete with leading global players.

Disclaimer: This article is intended solely to provide information and market insights at the time of publication. We make no promises or guarantees regarding performance, returns, or the absolute accuracy of the data. All investment decisions are the sole responsibility of the reader.