DeGate is an order book-centric Decentralised Exchange (DEX) trading protocol that is based on Ethereum L2 (Layer 2), utilising a Decentralised Autonomous Organisation (DAO) structure that has full control over its treasury. As a next-gen DEX, DeGate aims to make decentralised exchange trading mainstream and accessible to all, with key features such as Order Book Trading, Leverage Capabilities, Layer 1 to Layer 2 Bridge, AMM (Autonomous Market-Making), and Super-fast Transaction Times amongst other features.
The vision of DeGate is to become the leading liquidity hub in Ethereum Layer 2 and make decentralised exchange trading mainstream and accessible to all.
DeGate is a protocol of the community, by the community, and for the community. DeGate sticks to a fair-launch principle in that there is no discounted seed round of fundraising or any VC round - anyone from the community can participate with equal rights.
The executives behind DeGate hails from KEY GROUP - the same team that brought along BIHU.com (leading Chinese Blockchain Community Platform) and MYKEY (Decentralised Multi-chain Crypto Wallet). The group has received various investments from VC Funds and Entrepreneurs including the likes of HashKey Capital, Fenbushi Capital, SNZ Capital and Xin Family Pte. Ltd. etc.