TLDR:
- Gate’s new Layer 2 network processes over 5,700 TPS with 1-second blocks, cutting fees for Web3 users worldwide.
- GT becomes the exclusive gas token on Gate Layer, boosting demand across all on-chain transactions and activities.
- Gate has permanently burned over 60% of GT supply, with ongoing scheduled and on-chain burns maintaining scarcity.
- Perp, Gate Fun, and Meme Go launch as flagship products, covering trading, token creation, and meme markets.
Crypto exchange Gate has stepped into the Layer 2 race. The company revealed its Gate Layer network along with a GT token upgrade. This move aims to deliver faster, cheaper transactions and give GT a bigger role.
Users will see expanded on-chain utility, new products, and more liquidity options. Gate’s latest step puts its entire Web3 strategy into focus.
Gate Layer Targets Speed and Lower Costs
According to Wu Blockchain, Gate announced that Gate Layer is built on the OP Stack and fully EVM-compatible. It uses GateChain as its settlement layer, offering both speed and security.
The network can process over 5,700 transactions per second with just one-second block times. Gas fees are also much lower than those on other Layer 2 networks, helping more users join without high costs.
Developers can migrate Ethereum-based DApps directly, thanks to full EVM compatibility. Users won’t need to change wallets or habits to interact with the network. Gate said that this setup lowers the entry barrier for builders and users looking for a smoother experience.
Gate Layer also supports cross-chain transfers via LayerZero, connecting Ethereum, BSC, Polygon, and more. This feature allows assets to move without relying on centralized exchanges. The network’s dual security model combines GateChain’s settlement layer with GT staking to keep the system secure.
Crypto exchange Gate announced the official launch of its Layer 2 network Gate Layer alongside an upgrade to the GT tokenomics. Built on the OP Stack and fully EVM-compatible, Gate Layer uses GateChain as the settlement layer and incorporates GT staking to enhance stability. GT…
— Wu Blockchain (@WuBlockchain) September 25, 2025
GT Tokenomics Strengthened with Dual Burn
The launch also came with a major GT token update. Gate confirmed that GT is now the exclusive gas token on Gate Layer. This means every transaction, smart contract deployment, and NFT mint will require GT, increasing demand over time.
Gate’s dual deflationary model remains in place with both scheduled buyback-and-burn events and automatic on-chain burns. Over 60% of the original 300 million GT supply has already been permanently removed. The team stated that each transaction contributes to further supply reduction.
Gate is also rolling out new products within the ecosystem. Perp will act as a decentralized perpetual futures trading hub with deep liquidity. Gate Fun allows creators to launch tokens without a coding team, while Meme Go offers real-time meme token tracking and trading.
These launches represent Gate’s push to build a complete Web3 ecosystem. The company said that the combination of faster network performance, cheaper fees, and GT’s expanded use case will support long-term adoption.
The post Gate Layer Goes Live, GT Token Now Fuels Every On-Chain Move appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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