What is DeGate?
DeGate is a decentralized exchange (DEX) protocol built on Zero-Knowledge (ZK) technology, specifically utilizing ZK-Rollups. This protocol facilitates spot trading with limit orders within the Ethereum ecosystem, providing a user experience similar to centralized exchanges but without the inherent security risks. DeGate is designed to ensure users have full control over their funds, emphasizing a non-custodial and trustless trading environment.
The platform offers a range of trading functionalities, including grid trading, which allows users to automate their trading strategy to capitalize on market volatility. This feature, combined with zero fees for maker orders and low fees for taker orders, helps users optimize their trading efficiency and profitability.
DeGate operates under a DAO-centric model, meaning its governance and treasury are fully controlled by its decentralized autonomous organization. This structure ensures that all liquidity and income generated by the protocol benefit the community. The DAO model also supports permissionless listing, allowing any token to be listed and traded without centralized control.