Gate Ventures, a leading crypto company Gate.io’s venture capital arm, has announced the acquisition of ADEN, a well-known decentralized perpetual exchange. The strategic buyout denotes a key step in the expansion of Gate into the world of decentralized derivatives. As per the official press release shared by Gate Ventures, the development highlights the platform’s commitment to bolstering its “All in Web3” strategy via infrastructure innovation and ecosystem advancement. Hence, the move places Gate Ventures as a key force contributing to shaping a new generation of robust decentralized trading entities.
Gate Ventures Acquires ADEN, Increasing Scope in Decentralized Derivatives Market
By acquiring ADEN, Gate Ventures is broadening its ecosystem into the market of decentralized derivatives. ADEN operates as a popular decentralized perpetual derivatives exchange platform that is ranked 3rd in this category. Following this buyout, ADEN will reportedly migrate to Gate Layer Chain, the proprietary L2 solution of Gate, to leverage its lightning-fast transfer capabilities, robust security, and improved scalability. Additionally, the integration intends to deliver traders a seamless experience with the merger of the infrastructure provided by Gate with the proven market expertise of ADEN.
Apart from that, backed by Gate Layer works as an advanced L2 network built on the OP Stack with a complete Ethereum Virtual Machine (EVM) compatibility. It gets support from GateChain as its settlement layer, while GT Staking also reinforces it by offering high throughput, minimal fees, and low latency. Additionally, its Layer-Zero-driven cross-chain interoperability permits unparalleled transactions between notable blockchains like Polygon, BNB Chain, and Ethereum. This significantly enhances accessibility and liquidity for the worldwide consumers.
Moreover, the newly integrated Gate Perp DEX, which is built on Gate Layer, will back more than 447 perpetual markets while offering leverage options that have 125x as the maximum spot.
Bridging DeFi with CeFi to Drive Web3 Innovation
According to Gate Ventures, by acquiring ADEN, it endeavors to offer professional-scale, reliable, and rapid trading experience for retail and institutional traders alike. Along with that, ADEN provides deep liquidity, next-gen on-chain order book design, and near-zero maker charges. Overall, with this initiative, Gate Ventures is poised to bridge DeFi and CeFi, promoting a scalable, transparent, and unified financial ecosystem, driving the wider Web3 innovation.
