Crypto Exchange Gate Launches Gate Fun, a Token Issuance Platform on Gate Layer
Crypto exchange Gate has recently unveiled Gate Fun, an on-chain platform that allows users to issue and trade tokens without the need for coding skills. The platform operates on Gate Layer, the company’s newly launched layer-2 network that is built on the OP Stack.
Token Creation Made Easy
Gate claims that users can create tokens in less than a minute by paying a small gas fee in GT, the network’s native token. Similar to the popular token launcher Pump.fun, users can customize token parameters such as name, symbol, and initial purchase options through a simple one-click interface.
Accessibility and Trading
Gate Fun is accessible through Web3 wallets like MetaMask and Gate’s own account system. Tokens launched on the platform can be traded across multiple Gate products, including Gate Alpha, Meme Go, and Swap.
Expansion of Gate Layer Ecosystem
The launch of Gate Fun follows closely after Gate introduced Gate Layer, a high-performance layer-2 rollup constructed on the OP Stack and supported by GateChain. In addition to Gate Fun, Gate has rolled out other applications on the network such as Perp, a perpetuals trading hub, and Meme Go, a meme token tracker.
Market Update
At present, GT is trading at $16.23, experiencing a slight decline of approximately 1.9% over the past 24 hours.