GateToken | Trading Non Stop

What is GT?

GateToken (GT) is the native cryptocurrency of GateChain, a blockchain designed to securely transfer digital assets. It plays a central role in Gate’s growing Web3 ecosystem.

Purpose-Built Utility – GT is used for transactions, staking, and governance on GateChain and its Layer 2 network.
Deflationary Model – More than 60% of the original supply has been permanently removed through scheduled burns and transaction fees.
Ecosystem Integration – GT supports decentralized trading, meme token launches, and cross-chain asset transfers.

Deep Dive

1. Core Purpose & Value

GT is the main token for GateChain, a blockchain that focuses on keeping assets safe and enabling easy transfers between different blockchains. It’s used to pay fees, earn staking rewards, and participate in governance decisions. With Gate’s move to an “All in Web3” approach, GT now powers Gate Layer, a fast and low-cost Layer 2 network built on OP Stack technology. This network supports decentralized finance (DeFi), non-fungible tokens (NFTs), and meme token trading (GateWeb3_HQ).

2. Technology & Ecosystem

GateChain is compatible with Ethereum’s technology, making it easy for developers to move their Ethereum-based apps over. Its Layer 2 network, Gate Layer, can handle over 5,700 transactions per second with block times of just 1 second. It uses LayerZero technology to enable smooth asset transfers across different blockchains. GT is the only token used to pay transaction fees on Gate Layer and powers tools like Perp DEX (a decentralized platform for perpetual trading) and Gate Fun (a no-code platform for launching tokens) (Gate Layer Announcement).

3. Tokenomics & Scarcity

GT follows a deflationary model to increase scarcity and value:

Quarterly Burns: Over 182 million GT (about 60% of the original supply) has been burned as of Q3 2025, permanently reducing the number of tokens in circulation.
EIP-1559 Fee Burning: A portion of transaction fees is destroyed with each transaction.
Additionally, staking GT helps secure the network and encourages holders to keep their tokens long-term (Q3 Burn Report).

Conclusion

GateToken is a deflationary, utility-driven cryptocurrency that supports a fast, secure, and multi-chain Web3 ecosystem. The big question is: How will GT’s role grow as Gate Layer competes with other established Layer 2 networks?